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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


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

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

Showing 2 of 2 investment properties found in Cannington on realestateinvestar.com.au

15/79-81 George Way, Cannington

$779,000

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Stylish, low-maintenance living in a prime location.

Beautifully presented and thoughtfully designed, this impressive home offers the perfect blend of comfort, style and convenience. Ideally suited to modern city living, it is perfectly positioned close to Carousel Shopping Centre and the vibrant Albany Highway precinct in Cannington, with shopping, ...

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WA 6107


601/17 Pattie St, Cannington

$0

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Elevated Living in the Modern Velocity Apartments

Positioned on Level 6 of the sought after Velocity Apartments Cannington complex, this stylish apartment offers modern comfort with elevated views and low maintenance living. Built in 2021, this contemporary residence is ideal for first home buyers, downsizers or investors seeking a quality ...

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WA 6107


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