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
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 |
2 Bed  $639,000 |
3 Bed  $1,057,000 |
4 Bed  $1,203,000 |
5 Bed  $1,717,000 |
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.
51 HARDY AV, CANNONS CREEK, VIC, 3977 | 0 | 0 | 0 | $480,000 - $525,000 |
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)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.5 | 14.2 | 25 | 46.1 | 86.8 | 2.4 | 22.2 |
May | 1.9 | 8.6 | 16.8 | 55.9 | 90.6 | 1.8 | 8.2 |
Jun | 2.5 | 7.3 | 14.6 | 62.7 | 92 | 1.9 | 6.7 |
Jul | 1.9 | 7.1 | 13.7 | 60.4 | 89.3 | 2.7 | 7.3 |
Aug | 2.2 | 8.1 | 15.3 | 56.5 | 90.8 | 2.5 | 10.7 |
Sept | 2.9 | 8.4 | 17.2 | 49.3 | 90.3 | 2.6 | 14.2 |
Oct | 2.5 | 10.2 | 18.7 | 54.3 | 89.6 | 2.5 | 16.7 |
Nov | 1.4 | 12.8 | 23.8 | 42.5 | 87.4 | 2.2 | 22 |
source: Australian Government Bureau of Meteorology
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