Property investors who have had real estate in Canning Vale, 6155 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.24%
Over the longer term, Canning Vale has seen property prices show investors a -5.83% return over the last 3 years. This is an improvement over the last 12 months
Property investors looking for a bargain in Canning Vale should be aiming for at least -7.06% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 1.44%, investors should hope to achieve an overall return of 3.96%