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8 Truesource Drive,
Cairnlea VIC 3023

This property is Off Market

All about Cairnlea Homes for sale in Cairnlea


  • The Average property price in this area is $1,084,773, this is based on recent transactions.
  • Distance to the coast 11.96 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Cairnlea

With an average age of 36, households expect an average monthly mortgage payment of $1,875 or a weekly rent payment of $408. The average family earns a weekly income of $2,068 with a typical household size of 3.9 and a 91.41% employment rate.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Cairnlea are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Cairnlea changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. High density population in Cairnlea requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Cairnlea we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Cairnlea a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 2%)

Are people healthy?

There are a recorded 983 asthma sufferers and 599 people living with diabetes. In addition, 361 people have a heart/vascular condition and 645 people live with three or more chronic diseases.

A good place to invest in property?

Cairnlea a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

50 / 100

52 / 100

Industry

11 / 100

17 / 100

Population

51 / 100

32 / 100

House Prices

65 / 100

70 / 100

Jobs

25 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    St Albans Secondary College Cairnlea Park Primary School
  • Cairnlea Park Primary School

    Cairnlea, VIC, 3023 State Prep-6

  • Catholic Regional College St Albans

    St Albans, VIC, 3021 Independent 7-10


Property Story

8 Truesource Drive, Cairnlea, Vic, 3023 is a residential property . The estimated distance to the sea is 11.96km and 0.03KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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