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Cardinia Shire, VIC

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The Shire of Cardinia is a local government area in Victoria, Australia, located south of Melbourne. The LGA’s property market is very diverse, with properties ranging from affordable family homes to luxurious estates. There is something for everyone in the Cardinia Shire property market, making it a popular destination for home buyers and investors. Prices vary depending on the location and size of the property.

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The Cardinia Shire economy is based around a mix of light industry, agriculture and services. It has a diverse range of businesses, from small family-owned operations to large multinationals. The shire is also home to a number of major infrastructure projects, including the Dandenong-Pakenham railway line and the EastLink tollway.

In Cardinia, the most frequent professions are Technicians and Trades Workers (18.2%), Professionals (14.5%), Clerical and Administrative Workers (14.1%), Managers (11.8%), and Labourers (10.7%). Cardinia’s typical weekly personal income for residents aged 15 years and above is $680.

In Cardinia, 91.4 % of inhabited private homes are detached houses, 7.5 % are semi-detached, row or terrace houses, townhouses, or other buildings, and 0.4 % are flats or apartments.

If you’re looking to invest in the Cardinia Shire property market, there are a few things to consider. Firstly, it’s important to do your research and find an area that you think will grow in value over time. Secondly, you’ll need to think about your budget and what you can afford. And finally, you’ll need to rely on several real estate metrics to assess the sub-markets in this LGA.

Use the interactive dashboard below to help you establish the best suburbs to invest in Cardinia Shire LGA.

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Suburb Heatmap Analysis

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

Property Market in Cardinia Shire, VIC

What other property markets are there near Cardinia Shire, VIC?

Cardinia Shire is surrounded by 4 other council areas – Casey, Baw Baw, Yarra Ranges, Bass Coast.

How many people live in Cardinia Shire, VIC?

There are approximately 94000 people living in roughly 35000 dwellings in total, with an average household size of 2.8.

What are current and planned infrastructure projects in Cardinia Shire, VIC?

Notable infrastructure projects include Deep Creek Reserve, the Hills Hub, James Bathe Recreation Reserve, Lang Lang Community and Recreation Precinct, the new soccer pavilion at Bunyip Recreation Reserve, the new pavilion at Worrell Reserve, the redevelopment of Cardinia Cultural Centre.

What is the main industry in Cardinia Shire, VIC?

Such sectors as Health Care & Social Assistance, Accommodation & Food Service, Manufacturing, Agriculture, Forestry & Fishing make up the largest part of the employment.

What are the dominant demographic groups in Cardinia Shire, VIC?

Among approximately 94000 people in Cardinia Shire males and females make roughly 49% and 51% respectively. The median age of people is 34 years. Children aged 0-14 years account for approximately 23% of the population, and those aged 65+ years account for 12%.

How is unemployment rate trending in Cardinia Shire, VIC?

Among approximately 48000 people employed, roughly 59% work full-time,31 % work part-time, and an estimated 6% are unemployed.

Suburbs/localities in this Local Government Area: Guys Hill 3807, Iona 3815, Koo Wee Rup 3981, Koo Wee Rup North 3981, Lang Lang 3984, Lang Lang East 3984, Maryknoll 3812, Bayles 3981, Monomeith 3984, Beaconsfield 3807, Beaconsfield Upper 3808, Mount Burnett 3781, Nangana 3781, Nar Nar Goon 3812, Nar Nar Goon North 3812, Officer 3809, Officer South 3809, Pakenham 3810, Pakenham South 3810, Pakenham Upper 3810, Rythdale 3810, Tonimbuk 3815, Tynong 3813, Tynong North 3813, Vervale 3814, Yannathan 3981, Bunyip 3815, Bunyip North 3815, Caldermeade 3984, Cardinia 3978, Catani 3981, Clematis 3782, Cockatoo 3781, Cora Lynn 3814, Dalmore 3981, Dewhurst 3808, Avonsleigh 3782, Garfield 3814, Garfield North 3814, Gembrook 3783

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