How Much Is My Home Worth In Cairnlea?
The median price for a house in Cairnlea is $873,782 as of 30 September 2021. A median-priced unit is $619,718. There have been 62 houses and 15 units sold in the last year. It takes on average 23 days to sell a house in Cairnlea. The annual capital growth for homes is 2.68% and units is 7.21%. (Data sourced from CoreLogic)
The Demand to Supply Ratio or DSR rating puts homes and units as above average. Effectively the market is saying there are more buyers than sellers. Vendors are more often than not getting their asking price. If you were to purchase or invest in a property in Cairnlea the capital growth should stay ahead of the national average.
House prices and rent returns in Cairnlea.
- 3 bedroom home $700,000 Rent per week $420
- 4 bedroom home $825,000 Rent per week $485
*Data sourced from Realestate.com
Unit prices and rent returns in Cairnlea.
- 2 bedroom unit No Data Rent per week $360
- 3 bedroom unit No Data Rent per week $400
*Data sourced from Realestate.com
The gross rental yield for Cairnlea is 2.8% for houses
Free Real Estate Appraisal Cairnlea
Are you going to sell your home? Do you want to know the market price for your house or unit? Our real estate agents provide free property appraisals on units, apartments, land and houses. We determine the property price based on its location to shops, schools and public transport. We also take into account recent sales history. Our appraisers will deliver a fast and accurate value of your home and what you can expect as an offer in today’s property climate. Research the real suburb profile of Cairnlea.
Free Rental Appraisal Cairnlea
Do you want to rent your home and need a property manager? Or, do you own an investment property and need a rental manager? The OBrien Real Estate Group manage over 10,000 homes in Melbourne. Our rental appraisers will provide a free estimation on your expected weekly rent return. We will discuss with the owner the length of the lease and who they prefer renting their home. We manage the rent collection, routine inspections, maintenance and tax accounting. We have a large database of tenants wanting to rent now.
Property Valuation Cairnlea
Did you know there is a difference between a property valuation and an appraisal? If, for legal reasons you require a valuation then you have to engage the services of a registered valuer. This service will come with a fee. An appraisal can be performed by any licensed real estate agent.
For a personalised and professional inspection of your property for the purposes of an appraisal on its current market value please click here to request an appraisal.
Further information on the suburb of Deer Park and other suburbs across Melbourne can be found here by visiting our free detailed suburb report.
