CAIRNLEA 3023
State: VICPosiProp AI Investment Summary
CAIRNLEA (VIC 3023) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.9% and has experienced a 12-month capital growth of Up 12.7%, with a median house buy price of $980,750. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$921,500
$880,000
$1,020,000
$980,750
Suburb Market Profile
Last month Cairnlea had 16 properties available for rent and 26 properties for sale. Median property prices over the last year range from $980,750 for houses to $410,000 for units. If you are looking for an investment property, consider houses in Cairnlea rent out for $610 PW with an annual rental yield of 3.9% and units rent for $500 PW with a rental yield of 5.8%. Cairnlea has seen an annual compound growth rate of 12.7% for houses and -1.2% for units.