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Investment Property Canning Vale, WA, 6155

Suburb Snapshot

Canning Vale is a suburb in the Canning Region of Western Australia. Canning Vale has a population of 33,059 people and 15.97% of its occupants live in rental accommodation. The median listing price for houses is $929,000 and this has changed 25.54% over the past year and changed 37.62% over 2 years.

The median rent in Canning Vale for houses is $750 per week and the median rental yield is 4.19%. Stock on the market for houses/townhouses has changed 23.53% compared to last year and the average time to sell a house/townhouse is 63 days.The median listing price for units is $552,000 and this has changed 20.00% over the past year. The average unit takes 39 days to sell and the median rent for a unit in Canning Vale is $580 per week, producing a rental yield of 5.46%.

Supply & Demand in Canning Vale, Canning

0.50%

Current vacancy rate


58

Rental stock available


33,059

Population


15.97%

Rental population


0.65%

Current vacancy rate


325

Rental stock available


90,188

Population


26.48%

Rental population


0.63%

Current vacancy rate


7,731

Rental stock available


2,474,414

Population


23.98%

Rental population


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Statistical data for Canning Vale, Canning

  House Townhouses Units
Median listing price $929,000 NA $552,000
Median price change - last quarter 3.44% NA NA
Median price change - 1 year 25.54% NA 20.00%
Median price change - 2 years 37.62% NA NA
  House Townhouses Units
Median weekly rent $750 NA $580
Median yield % 4.19% NA 5.46%
Median rent change - 1 year 7.91% NA 31.81%
  House Units
Previous month sales 19 1
Stock on market previous month 126 4
Stock variance vs. last year 23.53% 100.00%
Average days on market 63 39

Canning Vale investment property listings

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