With a capital gain of 3.64% for the last 12 months, Canning Vale, 6155 has performed for property investments than its average annual 0.79% property growth over the last 5 years.
Across a shorter period, Canning Vale, 6155 has seen a median price increase of 1.79% over the last quarter.
Property investors looking for a bargain in Canning Vale should be aiming for at least -3.93% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Canning Vale being $570000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 4.11%
Canning Vale is in the bottom 10% in WA when comparing median price capital growth over the last year. Canning Vale gave property investors a dismal capital gain figure when compared to the rest of the state, with -12.82%.
Comparing Canning Vale,6155 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period