Check another suburbYour suburb, scored · Data as of Oct 2026
Cannons Creek, VIC
R-Score 93 / 100 — ranked #1,180 of 15,286 suburbs this month
Among the strongest markets in the country right now
Current buyer and rental conditions here rank in the top tier of the 15,000 suburbs we measure this month.
Scores describe measured market conditions — not personal advice, and not a forecast.
Suburb averages hide a lot. Check how your street compares with the rest of Cannons Creek →
Is Cannons Creek a buy right now? Get our verdict + the 5 best streets
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- Our read: is Cannons Creek a buy right now?
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- Unlocks every Street Score report in Cannons Creek
Best Streets in Cannons Creek, VIC
Compare every street in Cannons Creek (VIC) on the Street Score →
Other High-Scoring Suburbs in Casey (VIC)
- Blind BightR-Score 100/100 · Streets →
- Devon MeadowsR-Score 100/100 · Streets →
- HarkawayR-Score 100/100 · Streets →
- Lysterfield SouthR-Score 100/100 · Streets →
- PearcedaleR-Score 97/100 · Streets →
- Botanic RidgeR-Score 96/100 · Streets →
| Indicator | Cannons Creek Reading | Context & Benchmark |
|---|---|---|
| Ripehouse R-Score | 93 / 100 | Ranked #1,180 of 15,286 Australian suburbs (Oct 2026) |
| Median House Price | $600,000 | -11.8% over the past 12 months of settled sales |
| Median Weekly Asking Rent | $450/wk | Implies a 3.9% gross rental yield at the current median price |
| Rental Vacancy Rate | 4.5% | Above the 1.5% tight-supply threshold |
| Median Days on Market | 150 days | Part of Casey (VIC) council area (LGA avg R-Score 91/100) |
Buyer's Agent & Quantitative Due Diligence
Considering buying an investment property in Cannons Creek, VIC?
Since 2011, Ripehouse Advisory has helped Australian investors screen 15,000 suburbs and 518,000+ streets to avoid high-public-housing blocks, flood/overlay traps, and underperforming pockets. Speak with our team before you make an offer.
Cannons Creek VIC FAQs
Frequently Asked Questions: Investing in Cannons Creek, VIC
Is Cannons Creek VIC a good suburb for property investment in 2026?
As of Oct 2026, Cannons Creek (VIC 3977) scores 93/100 on the Ripehouse R-Score, ranking #1,180 out of 15,286 Australian suburbs. Among the strongest markets in the country right now. Key fundamentals include a median price of $600,000, median rent of $450/wk, gross yield of 3.9%, and vacancy of 4.5%.
What is the median house price and 12-month growth in Cannons Creek VIC?
The current median property price in Cannons Creek (VIC) is $600,000 (Oct 2026), representing a -11.8% change over the past 12 months. Properties in Cannons Creek currently spend a median of 150 days on market.
What is the rental yield and vacancy rate in Cannons Creek VIC?
In Cannons Creek (VIC), the median weekly asking rent is $450/wk, producing a gross rental yield of 3.9%. The suburb vacancy rate is 4.5% as of Oct 2026.
What are the best streets in Cannons Creek VIC?
Ripehouse Advisory scores every G-NAF street in Cannons Creek against the suburb average for owner-occupancy, public housing, rent, and yield. Use the Cannons Creek Street Score tool on this page to compare individual streets.
Which council area (LGA) is Cannons Creek VIC located in?
Cannons Creek (VIC, postcode 3977) is located in the Casey council area (LGA) within Greater Melbourne. Across Casey, the council-wide average R-Score is 91/100 across 28 suburbs.
R-Score and all figures are drawn from Ripehouse's research engine — 15,000 suburbs measured across 27 indicators, refreshed monthly (data as of Oct 2026). Scores describe past and current measured market conditions only. Past performance is not a reliable indicator of future performance. Nothing on this page is personal financial advice.