OFF MARKET

516/118 Cairnlea Drive
Cairnlea VIC 3023

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 71m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 516/118 Cairnlea Dr, Cairnlea

516/118 Cairnlea Dr, Cairnlea is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
2019
Floor Size
71m2
Local Government
Brimbank
Lot/Plan
516A/PS738916

Last Listing description (October 2023)

Enjoy a lifestyle like no other strolling a few steps from your front gate and finding yourself right in the heart of Cairnlea Village where you can enjoy a coffee or meal at one of the many eateries, do your shopping or pop into the gym for a quick workout. Walking distance to schools, sporting fields, parkland and lakes and quick and easy access the freeway only adds to the convenience and lifestyle benefits.

Comprises a stylish modern, well equipped kitchen with stone benchtops and smeg stainless steel appliances, Master bedroom with full ensuite with mirrored built in robe, the second bedroom with mirrored built in wardrobe serviced by the large central bathroom, a spacious open plan living and dining room with timber floors, split system heating and cooling and an abundance of natural light with a 3 x private balcony.

This beautiful family home is within close proximity to all amenities including Cairnlea town Centre, Cairnlea Park Primary School, local restaurants and cafes, Victoria University St Albans Campus, Brimbank Shopping Centre, Ginifer Train station, Sunshine hospital, Western ring road freeway and just 18km approx. from Melbourne CBD.

Property History for 516/118 Cairnlea Dr, Cairnlea, VIC 3023

A timeline of how this property has performed in the market
Last Sold
$415,000
25 Sep 2023
  • 25 Sep 2023
    Sold for $415,000
  • 11 Jul 2023
    Listed for Sale Not Disclosed
  • 30 Oct 2015
    Sold for $399,000

Commute Calculator

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, 85 properties were sold in the past 12 months in Cairnlea.

Suburb Insights for Cairnlea 3023

Market Insights
Cairnlea Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Cairnlea Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.