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Suburb Insights ยท VIC 3023

Cairnlea 3023, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Cairnlea is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 10,038, making it a smaller community. Located approximately 17 km from the Melbourne CBD, Cairnlea is a middle ring area in Victoria. The median household income is $107,224 AUD per year (ABS 2021 Census).

Investment Score

74 / 100 Good

Above-average earnings in Cairnlea support sustained property values.

Location

Map shows Cairnlea, Victoria, Australia.

Key Indicators

Postcode
3023

Official Australia Post postcode for Cairnlea. A postcode may cover multiple suburbs.

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Population
10,038

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$400/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$107,224/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
17 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
3

Estimated 3 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
4

Estimated 4 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,883/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
85% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Cairnlea's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $400/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $1,883/month. A median household income of $107,224/year supports premium property values and indicates a well-employed resident base. 85% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Solid fundamentals in Cairnlea support capital growth over a medium to long hold period.

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Rental Yield

Cairnlea can deliver reasonable rental income, though yields are not the primary draw.

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Renovation / Flip

Cairnlea's established market and growing population make it a viable location for value-add renovations.

Risk Factors

Run the numbers on a Cairnlea property

Full Property Analysis

30-year projections for Cairnlea

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

The outlook for capital growth in Cairnlea is encouraging heading into 2026, driven by constrained supply and buyer competition. The rental market in Cairnlea should see steady occupancy, with moderate upward pressure on rents. Cairnlea remains on the radar of active property investors in Victoria.

Frequently Asked Questions

Is Cairnlea a good suburb for investment?

Cairnlea is a middle ring area in Victoria with a population of 10,038. The median rent is $400/week and the median household income is $107,224/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Cairnlea?

Key demand drivers in Cairnlea include established amenities and transport access. 85% of dwellings are separate houses. The area has approximately 3 schools and 4 parks nearby.

What is the population of Cairnlea?

According to the ABS 2021 Census, Cairnlea has a population of approximately 10,038. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Cairnlea from the Melbourne CBD?

Cairnlea is approximately 17 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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