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Median values are calculated based on data over a 12 month period.

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Market Report

Craigieburn has 1,047 houses available for sale. The median property price for a house is currently 650,000 with annual capital growth of 1.88 . There were 785 house sales in the past 12 months. On average, houses spend 36 days on market.

If you're thinking about buying an investment property in Craigieburn, consider that rental yields for houses are currently 4.38 with an average median rent of 550 weekly. Houses have seen 0.00 growth in the past quarter, and 1.88 growth in the past 12 months.

The size of Craigieburn is approximately 35.5 square kilometres. It has 100 parks covering nearly 10.4% of total area. The population of Craigieburn in 2011 was 32,756 people. By 2016 the population was 50,364 showing a population growth of 53.8% in the area during that time. The predominant age group in Craigieburn is 30-39 years.

Households in Craigieburn are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Craigieburn work in a trades occupation. In 2011, 78.8% of the homes in Craigieburn were owner-occupied compared with 69.4% in 2016.

Craigieburn has 202 units available for sale. The median property price for a unit is currently 440,000 with annual capital growth of 3.53 . There were 145 unit sales in the past 12 months. On average, units spend 43 days on market.

If you're thinking about buying an investment property in Craigieburn, consider that rental yields for units are currently 5.51 with an average median rent of 460 weekly. Units have seen 2.33 growth in the past quarter, and 3.53 growth in the past 12 months.

The size of Craigieburn is approximately 35.5 square kilometres. It has 100 parks covering nearly 10.4% of total area. The population of Craigieburn in 2011 was 32,756 people. By 2016 the population was 50,364 showing a population growth of 53.8% in the area during that time. The predominant age group in Craigieburn is 30-39 years.

Households in Craigieburn are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Craigieburn work in a trades occupation. In 2011, 78.8% of the homes in Craigieburn were owner-occupied compared with 69.4% in 2016.

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Key Market Data House Unit
Median price 650,000 440,000
Quarterly growth 0.00 +2.33
12-month growth +1.88 +3.53
Average annual growth +4.28 +3.25
Weekly median rent 550 460
Gross rental yield 4.38 5.51
Number of Sales (12m) 785 145
Avg. Days on Market (12m) 36 43
Jump to Market Trends
Key Demographics 2011 2016
Total population 32,756 50,364
Population change (5y) +57.59 +53.80
Median household income (p/w) 1,389 1,505
Household income change (5y) +20.89 +8.35
Median age of persons 30 31
Jump to Demographics Trends
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