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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 $599,000 and this has changed 26.10% over the past year and changed 33.11% over 2 years.

The median rent in Cannington for houses is $650 per week and the median rental yield is 5.64%. Stock on the market for houses/townhouses has changed 8.82% compared to last year and the average time to sell a house/townhouse is 105 days.The median listing price for units is $475,000 and this has changed 19.04% over the past year. The average unit takes 127 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

0.83%

Current vacancy rate


28

Rental stock available


5,929

Population


41.58%

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 Cannington, Canning

  House Townhouses Units
Median listing price $599,000 $549,500 $475,000
Median price change - last quarter 8.45% 6.90% 5.55%
Median price change - 1 year 26.10% 37.71% 19.04%
Median price change - 2 years 33.11% 47.71% 31.94%
  House Townhouses Units
Median weekly rent $650 $635 $600
Median yield % 5.64% 6.00% 6.56%
Median rent change - 1 year 23.80% 22.11% 20.00%
  House Units
Previous month sales 2 4
Stock on market previous month 37 25
Stock variance vs. last year 8.82% 0.00%
Average days on market 105 127

Cannington investment property listings

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