Thinking about buying in Craigieburn? Now could not be a better time, with 26101 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $795,000 with prices in this suburb ranging from $49,000 to $141,855,000. The aproximate distance to the coast is 21 Km.
Median Weekly Rent | $381.37 |
Median Monthly Mortgage | $1771.16 |
Median Persons Per Bedroom | 0.93 |
Average Household Size | 3.38 |
Average Age | 32.72 |
Average Income | $706.66 |
Average Cars Per Dwelling | 1.95 |
Average Properties Within 50M | 15 |
1 Bed  $624,000 |
2 Bed  $570,000 |
3 Bed  $755,000 |
4 Bed  $931,000 |
5 Bed  $1,569,000 |
6 Bed+$1,117,000 |
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Craigieburn due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Craigieburn changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Craigieburn 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.
Craigieburn is a relatively populous suburb located on the northern outskirts of Melbourne, Victoria – some 25km from the central business district of the city, to be precise – within the local government area of the City of Hume. The suburb takes its name from an old inn that once served travellers passing through via the Old Sydney Road; a settlement grew around the establishment and Cragieburn’s post office officially opened in 1866. Residents of Craigieburn are known for having a penchant for Australian Rules football, along with soccer and rugby, with several local sports clubs playing in high-profile leagues.
Craigieburn is a well-situated, modern suburb, providing the convenience and excitement of urban life without the stressful, high-intensity lifestyle often associated with living closer to the city’s heart. Craigieburn is serviced by a number of excellent public facilities, such as a library and gallery located in the Hume Global Learning Centre, excellent sports facilities and a number of primary and secondary schools. There are a number of retail destinations, which allow convenient access to many popular outlets without the need to travel further into Melbourne. Craigieburn Station connects the suburb to the centre of the by rail, making Craigieburn an accessible, affordable, exciting place to own property.
Willmott Park Primary School
Craigieburn South Primary School
Craigieburn Primary School
Our Lady's School
Mount Ridley P-12 College
Craigieburn Secondary College
Mother Teresa School
Aitken Creek Primary School
Oscar Romero Catholic Primary School
Newbury Primary School
(While the above schools are located with the suburb of Craigieburn 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 | 1.3 | 14.5 | 27.7 | 34.8 | 87.0 | 5.5 | 24.3 |
Feb | 1.3 | 14.4 | 27.0 | 37.6 | 88.5 | 5.2 | 20.4 |
Mar | 1.3 | 13.1 | 24.6 | 39.8 | 88.6 | 5.0 | 15.9 |
Apr | 1.4 | 10.4 | 20.9 | 43.7 | 90.6 | 4.9 | 11.9 |
May | 1.2 | 8.2 | 16.9 | 51.3 | 90.8 | 5.4 | 8.6 |
Jun | 1.4 | 6.2 | 14.1 | 58.9 | 93.2 | 5.2 | 7.3 |
Jul | 1.0 | 5.9 | 13.7 | 56.0 | 91.4 | 6.2 | 7.7 |
Aug | 1.2 | 6 | 14.7 | 49.2 | 90.3 | 6.1 | 10.3 |
Sept | 1.6 | 7.4 | 17.7 | 42.8 | 89.4 | 6.1 | 14.5 |
Oct | 1.6 | 8.8 | 20.7 | 39.2 | 90.1 | 5.6 | 18.6 |
Nov | 1.9 | 10.7 | 22.9 | 38 | 90.3 | 5.4 | 21.7 |
Dec | 1.7 | 12.6 | 25.5 | 35.7 | 88.6 | 5.4 | 25.3 |
source: Australian Government Bureau of Meteorology
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