49 Minvi Terrace

Cairnlea VIC 3023

The size of Cairnlea is approximately 4.5 square kilometres. It has 25 parks covering nearly 29.7% of total area. The population of Cairnlea in 2011 was 8,838 people. By 2016 the population was 9,655 showing a population growth of 9.2% in the area during that time. The predominant age group in Cairnlea is 40-49 years. Households in Cairnlea are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cairnlea work in a professional occupation. In 2011, 84.1% of the homes in Cairnlea were owner-occupied compared with 84.6% in 2016.

Cairnlea has 3,443 properties. Over the last 5 years, Houses in Cairnlea have seen a 31.36% increase in median value, while Units have seen a -15.73% decrease. As at 31 July 2024:

• The median value for Houses in Cairnlea is $974,622 while the median value for Units is $443,652.
• Houses have a median rent of $580 while Units have a median rent of $475.