Over the last year, property investments in Cairnlea, 3023 have given investors a capital gain of 9.06%. This compares averagely with the 8.62% for VIC as a whole.
Cairnlea,3023 has offered an average of 9.06% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -4.62% to buyers in Cairnlea at the moment, which is less than average for the rest of VIC.
On average over the past year, suburb has had 6.08 sales per month, which equates to 73 per year.
With the median price for a house in Cairnlea being $710000 and the advertised rent reaching $435 the gross rental yield for property investors calculates out to be 3.19%