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Real Estate Market: Is Cannons Creek VIC 3977 a Good Suburb to Buy Into?
Housing Market in Cannons Creek
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| $366 | Bottom 15% |
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| Premium | Premium | Premium |
Housing Supply in Cannons Creek
The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 334 | Top 12% |
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| 0.6 | Bottom 29% | Data for Jul 2023 | ||
| 48.4 | Top 15% | Data for May 2023 | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 2 lots | Bottom 17% | Data for Sep 2022 | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 2 | Top 28% |
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Housing Stock Quality in Cannons Creek
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 98.3% | Bottom 34% |
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| 2.6 | Top 39% |
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| 6.8% | Top 17% | Data for Jun 2023 |
Development Restrictions in Cannons Creek
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 1.1 sq km | Bottom 9% | Data for Jan 2021 | ||
| 0.1 sq km | Top 39% | Data for Jun 2023 | ||
| 815 sqm per resident | Bottom 40% | Data for Jan 2021 |
Risk in Cannons Creek
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 94.9% | Top 38% |
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| 5.1% | Bottom 38% |
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| 39 | Top 32% | Data for Jun 2023 | ||
| $1,460 | Bottom 26% | Data for May 2023 | ||
| 80 | Top 42% | Data for Jun 2023 | ||
| 73 | Bottom 31% | Data for Jun 2023 | ||
| 24.3% | Top 38% |
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| 65.2% | Top 4% |
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Housing Demand in Cannons Creek
The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| 8780 | Bottom 34% |
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| 250000 | Top 1% |
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| Premium | Premium | Premium | ||
| 483000 | Top 1% |
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| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium |
Unit Market in Cannons Creek
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| 139.0% | Top 3% |
|
Median Unit Sale Prices by Street (1)
| Date | Median sale value | Street |
|---|---|---|
| 08 Nov 2025 | $633,000 | Currawong Gr |
Median House Sale Prices by Street (5)
| Street | Date | Median sale value |
|---|---|---|
| Albatross Ct | 06 Dec 2025 | $902,500 |
| Cannons Creek Rd | 06 Dec 2025 | $687,100 |
| Currawong Gr | 06 Dec 2025 | $1,268,000 |
| Glenalva Pde | 06 Dec 2025 | $779,800 |
| Hardy Ave | 06 Dec 2025 | $730,700 |
LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Casey |
Planning Applications: Other (4)
| Headline | Place | Date |
|---|---|---|
| Development of Extension/Alterations to Existing Dwelling and Shed, Carport and Verandah - Casey City Council PA25-0157 | 15 Bluff Road Cannons Creek VIC 3977 | 16 Apr 2025 |
| Development of Alterations and Additions to an existing Dwelling (Extension to Garage) - Casey City Council PA24-0045 | 65 Cannons Creek Road Cannons Creek VIC 3977 | 14 Feb 2024 |
| Development of Dependent Persons Unit - Casey City Council PA22-0051 | 80 Cannons Creek Road Cannons Creek VIC 3977 | 31 Jan 2022 |
| Development of Alterations and Additions to an existing Dwelling (Carport) - Casey City Council PA21-0941 | 12 Currawong Grove Cannons Creek VIC 3977 | 27 Oct 2021 |
Planning Applications: Dwellings (14)
| Headline | Place | Date |
|---|---|---|
| Development of Extension/Alterations to Existing Dwelling and Shed, Carport and Verandah - Casey City Council PA25-0157 | 15 Bluff Road Cannons Creek VIC 3977 | 16 Apr 2025 |
| Proposed Second Dwelling, Outbuilding and Extension to a Dwelling - Casey City Council PA24-0264 | 7 Pivato Court Cannons Creek VIC 3977 | 31 May 2024 |
| Development of Alterations and Additions to an existing Dwelling (Extension to Garage) - Casey City Council PA24-0045 | 65 Cannons Creek Road Cannons Creek VIC 3977 | 14 Feb 2024 |
| VICSMART Amendment to VICSMART Planning Permit VS22-0082 (Development of Alterations and Additions to an existing Dwelling) - Casey City Council VSA23-0002 | 35 Cannons Creek Road Cannons Creek VIC 3977 | 26 Sep 2023 |
| VICSMART - Development of Alterations and Additions to an existing Dwelling - Casey City Council VS22-0082 | 35 Cannons Creek Road Cannons Creek VIC 3977 | 23 Jun 2022 |
Businesses (8)
| Name | Address |
|---|---|
| Pool & Tank Excavations | |
| Eco Tanks Pty Ltd | |
| PWC Concreting | |
| Pool & Tank Excavations | |
| Southern Farm Services Pty Ltd |
Recently Sold Houses (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 54 Cannons Creek Rd | Price Withheld | 4.0 | 2.0 | 4.0 | 13 Nov 2025 | 0 | On Market |
| 54 Cannons Creek Rd | Price Withheld | 4.0 | 2.0 | 13 Nov 2025 | 0 | On Market | |
| 60 Glenalva Pde | $750,000 | 4.0 | 2.0 | 2.0 | 25 Aug 2025 | 0 | On Market |
| 49 Hardy Ave | Price Withheld | 4.0 | 1.0 | 4.0 | 06 Aug 2025 | 0 | On Market |
| 4 Albatross Ct | Price Withheld | 3.0 | 1.0 | 2.0 | 15 Jul 2025 | 0 | On Market |
Percent of Renters by Street (18)
| Percent of Renters | Street |
|---|---|
| 0.0% | Adeneys Rd |
| 0.0% | Albatross Ct |
| 0.0% | Baxter-Tooradin Rd |
| 19.8% | Bluff Rd |
| 0.0% | Bronze Wing Ct |
Turnover Rate by Street (18)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 50.0% | May St | very tightly held | Every 20.0 years (very tightly held) | 2025 |
| 63.1% | Hardy Ave | quite tightly held | Every 15.9 years (quite tightly held) | 2025 |
| 77.8% | Irene Pde | average turnover | Every 12.9 years (average turnover) | 2025 |
| 63.0% | Glenalva Pde | quite tightly held | Every 15.9 years (quite tightly held) | 2025 |
| 94.1% | Currawong Gr | high turnover | Every 10.6 years (high turnover) | 2025 |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| 3 Iris Ct | $580 | 4 | 2 | 2 | 01 Oct 2025 | 0 |
| 3 Iris Ct | $580 | 4 | 2 | 2 | 01 Oct 2025 | 0 |
| 3 Iris Ct | $580 | 4 | 2 | 2 | 01 Oct 2025 | 0 |
| 3 Iris Ct | $580 | 4 | 2 | 2 | 01 Oct 2025 | 0 |
| 3 Iris Ct | $580 | 4 | 2 | 2 | 01 Oct 2025 | 0 |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| 4 Currawong Gr | Price Withheld | 3.0 | 2.0 | 4.0 | 20 Feb 2025 | On Market |
| 4 Currawong Gr | Price Withheld | 3.0 | 2.0 | 4.0 | 20 Feb 2025 | On Market |
| 4 Currawong Gr | Price Withheld | 3.0 | 2.0 | 4.0 | 20 Feb 2025 | On Market |
| 4 Currawong Gr | Price Withheld | 3.0 | 2.0 | 4.0 | 20 Feb 2025 | On Market |
| 4 Currawong Gr | Price Withheld | 3.0 | 2.0 | 4.0 | 20 Feb 2025 | On Market |
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