Suburb Profile Report for Canning Vale WA (6155)

Canning Vale House: Median price $565,000, Annual capital growth 1.34%, Number of sales 385, Weekly median advertised rent $420

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Over the last year, property investments in Canning Vale, 6155 have given investors a capital gain of -1.74%. This compares averagely with the -2.60% for WA as a whole.

While Canning Vale,6155 ranked number 118th in WA for increase in median house value (annualised) increase, it is ranked 179th over the last 5 years.

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.08% offered to property buyers. Sellers in Canning Vale itself are offering an average vendor discount of -7.10% to real estate investors.

On average over the past year, suburb has had 32.08 sales per month, which equates to 385 per year.

Canning Vale, 6155’s gross rental yield is 3.87%

Metrics i HOUSE UNIT
$565,000 N/A
0.89% N/A
-1.74% N/A
1.34% N/A
$420 N/A
385 N/A
3.87% N/A
87.93 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 30665
Median household income ($/weekly) 2022
Median age of persons 32
Median housing loan repayment ($/monthly) 2167
Average household size 3.2
  • Census Count Percent(%)
    5-14 years 4877 15.9
    25-34 years 4397 14.3
    35-44 years 5131 16.7
    45-54 years 4480 14.6
    55-64 years 2860 9.3
    Others 8920 29.1
    Age Group
    Census Count Percent(%)
    Registered Married 12534 58.8
    Not Married 7399 34.7
    Defacto Relationship 1373 6.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 14984 51.1
    Indonesia 1154 3.9
    Malta 1811 6.2
    United Kingdom 3014 10.3
    Other 2425 8.3
    Others 5954 20.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 1722 6.2
    Christianity 17190 61.8
    Hinduism 1023 3.7
    Islam 1419 5.1
    No Religion 6076 21.8
    Others 398 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 602 7.6
    $1,500-$1,999 1235 15.5
    $2,000-$2,499 1044 13.1
    $2,500-$2,999 1257 15.8
    $3,000-$3,499 833 10.5
    Others 2981 37.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 10386 45.6
    Not in the labour force 6126 26.9
    Employed, worked part-time 4672 20.5
    Employed, away from work 906 4.0
    Unemployed, looking for work 665 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 1973 12.4
    Professionals 3358 21.0
    Technicians & trades workers 2506 15.7
    Clerical & administrative workers 2846 17.8
    Sales 1560 9.8
    Others 3723 23.3
    Occupation
    Census Count Percent(%)
    Pre-school 485 5.6
    Infants/Primary 3360 38.6
    Secondary 2225 25.5
    Technical or Further Educational Institution 740 8.5
    University or other Tertiary Institutions 1712 19.6
    Others 193 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 27897 98.7
    Semi-detached, row or terrace house, townhouse 273 1.0
    Flat, unit or apartment 94 0.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 5280 59.0
    Fully owned 2220 24.8
    Rented 1352 15.1
    Other tenure type 90 1.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals