Cairnlea, VIC 3023

Cairnlea, VIC 3023

Compare Part of Brimbank

16.14 km
Distance from CBD
15 k
Population

Auction Times

Sat 27 Apr
 Auction Time Agency
45 Carmody Drive
4 3 4 House
3:00 PM
Sat 27th Apr		 Ray White Deer Park
Sat 4 May
 Auction Time Agency
11 Glenbrook Avenue
3 2 2 House
3:30 PM
Sat 4th May		 Ray White Deer Park
Median Sale Price
House
-
Updated on Feb 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Feb 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$420,000
 0.0% $145,000 $915,000 97
2010
$495,000
 +15.2% $590 $800,000 84
2011
$500,000
 +1.0% $350,000 $1,150,000 69
2012
$470,000
 -6.4% $260,000 $800,000 64
2013
$483,000
 +2.7% $54,500 $730,000 113
2014
$539,000
 +10.4% $385,000 $822,500 88
2015
$586,000
 +8.0% $395,000 $910,000 97
2016
$615,000
 +4.7% $400,000 $1,200,000 74
2017
$720,000
 +14.6% $520,000 $1,206,000 85
2018
$792,000
 +9.1% $593,000 $1,380,000 57
2019
$780,000
 -1.5% $550,000 $1,275,000 55
2020
$830,000
 +6.0% $568,000 $1,170,000 56
2021
$870,000
 +4.6% $660,500 $1,405,000 55
2022
$960,000
 +9.4% $675,000 $1,600,000 63
2023
$980,000
 +2.0% $687,000 $1,565,000 60
2024
$1,115,000
 +12.1% $785,000 $1,650,000 13
Median Sale Price
$960K
Based on 57 recorded sales within the last 12 months
Updated on 24 Apr 2024
Suburb Growth
-6.3%
Current Median Price: $960,000
Previous Median Price: $1,020,000
Based on 116 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Feb 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$370
 0.0% $310 $550 56
2012
$380
 +2.6% $185 $495 46
2013
$390
 +2.6% $310 $590 59
2014
$400
 +2.5% $310 $806 67
2015
$420
 +4.8% $320 $600 56
2016
$440
 +4.5% $360 $850 44
2017
$450
 +2.2% $340 $650 50
2018
$450
 0.0% $350 $650 72
2019
$450
 0.0% $340 $750 44
2020
$450
 0.0% $380 $600 38
2021
$450
 0.0% $310 $625 37
2022
$450
 0.0% $370 $780 63
2023
$560
 +19.6% $380 $2,998 36
2024
$575
 +2.6% $500 $850 13
Median Rent Price
$580
per week
Based on 36 recorded rent within the last 12 months
Updated on 24 Apr 2024
Rent Price Growth
+17.2%
Current Median Rent: $580
Previous Median Rent: $480
Based on 91 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.1%
Current Median Price: $960,000
Current Median rent: $580
Based on 93 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)

Auction Results For Cairnlea

Houses sold in Last 12 months ends 20 Apr 2024

$960K

Median Sale Price

50%

Clearance Rate

6/12

Sold/Reported

$1.15M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1 M - $1.2 M 2
$800 K - $1 M
(Median Price Range)		 2
$600 K - $800 K 1

Schools closest to Cairnlea, VIC 3023

School name Address Type Sector Distance
Cairnlea Park Primary School CARMODY DRIVECairnlea 3023 Primary Government 0.53 km
University Park Primary School LISTER STREETSt Albans 3021 Primary Government 1.26 km
Deer Park North Primary School MAWSON AVENUEDeer Park 3023 Primary Government 1.67 km
Mother of God School 67 BLANCHE STArdeer 3022 Primary Catholic 2.11 km
Holy Eucharist School 1A OLEANDER DRSt Albans 3021 Primary Catholic 1.87 km
Ardeer Primary School SUSPENSION STREETArdeer 3022 Primary Government 2.28 km
St Albans Secondary College 289 MAIN ROAD EASTSt Albans 3021 Secondary Government 2.24 km
St Albans Heights Primary School NORWICH STREETSt Albans 3021 Primary Government 2.23 km
Albanvale Primary School 54-64 DIAMOND AVENUEAlbanvale 3021 Primary Government 2.43 km
St Albans East Primary School 7-17 STATION AVENUESt Albans 3021 Primary Government 2.74 km