Cardinia Shire, VIC

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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Capital Growth Heatmap

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.

Buy

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Upgrade to Personal Plan to see Yield data.
Yield chart
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Demand chart
Upgrade to Professional Plan to see Buy & Rent Search Index data.
Index chart

How to use this Dashboard

This interactive dashboard illustrates the trends for key real estate metrics in the area. Use these metrics to determine potential return on investment from this property market and its’ sub-markets.

Upgrade to Personal Plan to unlock the trend forecast section on the Price, Rent & Yield graphs.

Get the Professional Subscription to see trends for advanced property market metrics that indicate real estate demand and supply in this LGA.

Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart

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.

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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