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 3.8% and has experienced a 12-month capital growth of Up 5.5%, with a median house buy price of $960,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$921,500
$878,000
$1,020,000
$960,000
Suburb Market Profile
Last month Cairnlea had 15 properties available for rent and 21 properties for sale. Median property prices over the last year range from $960,000 for houses to $415,000 for units. If you are looking for an investment property, consider houses in Cairnlea rent out for $615 PW with an annual rental yield of 3.8% and units rent for $500 PW with a rental yield of 6.0%. Cairnlea has seen an annual compound growth rate of 5.5% for houses and 0.0% for units.
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