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Cannons Creek
VIC, 3977 - Casey

Thinking about buying in Cannons Creek? Now could not be a better time, with just 336 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,097,000 with prices in this suburb ranging from $461,000 to $4,888,000. Cannons Creek is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Household Makeup

Median Weekly Rent $380.00
Median Monthly Mortgage $2000.00
Median Persons Per Bedroom 0.80
Average Household Size 3.00
Average Age 40.00
Average Income $835.00
Average Cars Per Dwelling 2.57
Average Properties Within 50M 6

Housing Stock

Average Property Prices

2 Bed  $639,000
3 Bed  $1,057,000
4 Bed  $1,203,000
5 Bed  $1,717,000

Cannons Creek Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Cannons Creek driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Cannons Creek are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Cannons Creek provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Cannons Creek to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Cannons Creek the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Houses for sale Cannons Creek

OneAgency 51 HARDY AV, CANNONS CREEK, VIC, 3977 Beds0 Bathrooms0 Parking 0 $480,000 - $525,000

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Cannons Creek there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Cannons Creek weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.514.22546.186.82.422.2
May1.98.616.855.990.61.88.2
Jun2.57.314.662.7921.96.7
Jul1.97.113.760.489.32.77.3
Aug2.28.115.356.590.82.510.7
Sept2.98.417.249.390.32.614.2
Oct2.510.218.754.389.62.516.7
Nov1.412.823.842.587.42.222

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

WarneetBlind BightDevon MeadowsPearcedaleTooradinClydeCranbourne SouthBotanic RidgeJunction VillageSomerville

Public Transport


General Points of Interest

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