Market snapshot
Suburb insights for Cairnlea3023
Change suburbCairnlea, situated 18 km northwest of Melbourne’s CBD, is a master-planned community initially developed in the early 2000s. Known for its wide streets, modern homes, and abundance of green space, Cairnlea offers a suburban lifestyle with urban convenience. Nearby shopping at Brimbank Central, well-regarded schools, and access to the Western Ring Road and Sunshine Hospital make it a popular choice for families and professionals.
Sales data
Median sale price
$1.1mil
Quarterly price change
17.8%
Metro Melbourne Comparison
$953k
-3.1%
| Bedrooms | Cairnlea | Metro comparison |
|---|---|---|
| 2 | - | $950,000 |
| 3 | $878,000 | $872,000 |
| 4 | $986,000 | $990,000 |
| Insight | Cairnlea | Metro comparison |
|---|---|---|
| Clearance rate | 68.8% | |
| Days on market | 33 | 42 |
Rental data
Median weekly rent
$640
Rental yield
3.5%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Cairnlea | Metro comparison |
|---|---|---|
| 2 | - | $600 |
| 3 | - | $560 |
| 4 | $640 | $600 |
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