Cairnlea Suburb Profile
Victoria 3023

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Cairnlea has 3,443 properties. Over the last 5 years, Houses in Cairnlea have seen a 35.47% increase in median value, while Units have seen a 9.20% increase. As at 31 May 2024:

  • The median value for Houses in Cairnlea is $978,874 while the median value for Units is $454,345.
  • Houses have a median rent of $575 while Units have a median rent of $470.
There are currently 18 properties listed for sale, and 4 properties listed for rent in Cairnlea on OnTheHouse. According to CoreLogic's data, 101 properties were sold in the past 12 months in Cairnlea.

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.

Suburb Insights for CAIRNLEA 3023

Market Insights
Cairnlea Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Cairnlea Trends for Units
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age

Population 9,655

0-9

 

15%

10-19

 

16%

20-29

 

14%

30-39

 

15%

40-49

 

17%

50-59

 

13%

60-69

 

8%

70-79

 

2%

80-89

 

1%

Household Structure
Occupancy

Last Updated: 06/07/2024

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.