OFF MARKET

509A/118 Cairnlea Drive
Cairnlea VIC 3023

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Last updated 11 Nov 2024
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Property Details for 509a/118 Cairnlea Dr, Cairnlea

509a/118 Cairnlea Dr, Cairnlea is a 2 bedroom, 2 bathroom Unit.

Building Type
Unit
Local Government
Brimbank

Last Listing description (September 2023)

Comprising of 2 bedrooms with ensuite to master and separate bathroom, open plan kitchen and meals area, outdoor entertaining area with wide balcony and sunset views

Other features of this quality apartment include floorboards, 2.65m ceiling heights, LED lights, split-system heating and cooling, 600mm stainless steel appliances and more

Situated in one of Cairnlea's most convenient pockets, only footsteps from Cairnlea shopping Centre, Cairnlea Park Reserve, Schools, Public Transport, drive down to Brimbank shopping Centre and only a 18km drive down to the Heart of Melbourne CBD

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Property History for 509a/118 Cairnlea Dr, Cairnlea, VIC 3023

A timeline of how this property has performed in the market
Listed for Rent
$530/w
07 Jul 2023
  • 07 Jul 2023
    Listed for Rent $500 / week

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About Cairnlea 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 3,444 properties. Over the last 5 years, Houses in Cairnlea have seen a 19.56% increase in median value, while Units have seen a -10.21% decrease. As at 31 October 2024:

  • The median value for Houses in Cairnlea is $917,300 while the median value for Units is $446,957.
  • Houses have a median rent of $575 while Units have a median rent of $480.
There are currently 36 properties listed for sale, and 6 properties listed for rent in Cairnlea on OnTheHouse. According to CoreLogic's data, 83 properties were sold in the past 12 months in Cairnlea.

Suburb Insights for Cairnlea 3023

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.