Cardinia Shire
Housing prices
At June 2018, the median house valuation in Cardinia Shire was $117,676 lower compared to Victoria.
This indicator shows the value of houses and units in Cardinia Shire and wider region during the period 2014-2018. Housing values are an indicator of the level of demand for housing in the area, as well as the type of housing available. Housing demand may be related to the desirability of the area and proximity to major employment destinations.
| Median housing value | ||||||
|---|---|---|---|---|---|---|
| Houses | Units | |||||
| Year (at June) | Cardinia Shire | Greater Melbourne | Victoria | Cardinia Shire | Greater Melbourne | Victoria |
| 2018 | $552,385 | $812,306 | $670,061 | $396,469 | $552,448 | $526,184 |
| 2017 | $467,540 | $765,681 | $610,154 | $325,653 | $526,828 | $498,705 |
| 2016 | $417,558 | $650,140 | $527,365 | $291,152 | $490,558 | $465,061 |
| 2015 | $388,701 | $582,067 | $474,887 | $268,934 | $466,412 | $438,867 |
| 2014 | $380,485 | $539,700 | $451,630 | $257,654 | $449,745 | $423,673 |
Source: Hometrack (opens a new window) 2014-2018, Housing Valuation System.