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Investment Property Craigieburn, VIC, 3064

Suburb Snapshot

Craigieburn is a suburb in the Hume Region of Victoria. Craigieburn has a population of 50,347 people and 25.30% of its occupants live in rental accommodation. The median listing price for houses is $630,000 and this has changed -0.08% over the past year and changed 1.61% over 2 years.

The median rent in Craigieburn for houses is $540 per week and the median rental yield is 4.45%. Stock on the market for houses/townhouses has changed -12.39% compared to last year and the average time to sell a house/townhouse is 125 days.The median listing price for units is $400,000 and this has changed -4.54% over the past year. The average unit takes 117 days to sell and the median rent for a unit in Craigieburn is $440 per week, producing a rental yield of 5.72%.

Supply & Demand in Craigieburn, Hume

1.19%

Current vacancy rate


254

Rental stock available


50,347

Population


25.30%

Rental population


1.12%

Current vacancy rate


1,070

Rental stock available


197,377

Population


22.26%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Craigieburn, Hume

  House Townhouses Units
Median listing price $630,000 $440,000 $400,000
Median price change - last quarter 0.00% 0.00% 0.00%
Median price change - 1 year -0.08% 6.15% -4.54%
Median price change - 2 years 1.61% 2.56% 2.56%
  House Townhouses Units
Median weekly rent $540 $470 $440
Median yield % 4.45% 5.55% 5.72%
Median rent change - 1 year 12.50% 11.90% 4.76%
  House Units
Previous month sales 62 0
Stock on market previous month 311 12
Stock variance vs. last year -12.39% -36.84%
Average days on market 125 117

Craigieburn investment property listings

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