Property value increases in Canning Vale have tracked close to the WA average of -5.25% over the last 12 months.
If we look at median property appreciation over just the last three months, Canning Vale has given property investors a paper return of -1.71%. This puts Suburb as 262 on a list of fastest fasting appreciating suburbs in WA
Canning Vale6155 is located in WA which offers an average discount of -8.22% to property investors. Canning Vale itself is showing figures that indicate -6.27% is the average achievable by property buyers investing in the suburb.
In the last year 413 properties changed hands in Canning Vale, which puts it as the 2nd most active market in WA when comparing the number of sales per suburb.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 4.07%, without taking into account capital value appreciation, which has been averaging out at 3.52%.