VIC has seen average median house prices change by 11.00% which means that Cairnlea, 3023 has done well for property investors by showing a capital gain of 9.17% over the last year
While Cairnlea,3023 ranked number 269th in VIC for increase in median house value (annualised) increase, it is ranked 297th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Cairnlea is offering property investors an average of -5.26. This rate of discount on properties puts Suburb at number 526th in terms of most discounted suburbs in VIC
Residents and property investors in Cairnlea have been waiting around 67.11 days to sell a property.
The VIC suburb of Cairnlea, 3023 is in the Brimbank local government area.