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Investment Property Cannington, WA, 6107

Suburb Snapshot

Cannington is a suburb in the Canning Region of Western Australia. Cannington has a population of 5,929 people and 41.58% of its occupants live in rental accommodation. The median listing price for houses is $596,500 and this has changed 29.67% over the past year and changed 32.55% over 2 years.

The median rent in Cannington for houses is $650 per week and the median rental yield is 5.66%. Stock on the market for houses/townhouses has changed -7.89% compared to last year and the average time to sell a house/townhouse is 71 days.The median listing price for units is $475,000 and this has changed 19.04% over the past year. The average unit takes 117 days to sell and the median rent for a unit in Cannington is $600 per week, producing a rental yield of 6.56%.

Supply & Demand in Cannington, Canning

1.04%

Current vacancy rate


35

Rental stock available


5,929

Population


41.58%

Rental population


0.67%

Current vacancy rate


338

Rental stock available


90,188

Population


26.48%

Rental population


0.61%

Current vacancy rate


7,509

Rental stock available


2,474,414

Population


23.98%

Rental population


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Statistical data for Cannington, Canning

  House Townhouses Units
Median listing price $596,500 $534,500 $475,000
Median price change - last quarter 8.45% 6.90% 5.55%
Median price change - 1 year 29.67% 33.95% 19.04%
Median price change - 2 years 32.55% 46.63% 32.31%
  House Townhouses Units
Median weekly rent $650 $620 $600
Median yield % 5.66% 6.03% 6.56%
Median rent change - 1 year 25.00% 24.00% 20.00%
  House Units
Previous month sales 4 4
Stock on market previous month 35 29
Stock variance vs. last year -7.89% 7.41%
Average days on market 71 117

Cannington investment property listings

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