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CanningtonCannington - SUBURB PROFILE REPORT
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The suburb’s capital gain of 8.93% for the past year is higher than average compared to its -20% growth within a five-year period.
Also in CANNINGTON, the median home price is sitting at $366,000, and the average rent at $350, this suggests property owners could potentially earn a 4.97% increase in gross rental yield.
Property investors have seen a 1.67% gain in CANNINGTON based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a -0.2% decrease over a ten-year period. It ranks 3946th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $366,000 | $297,500 |
| GROWTH REPORT | ||
| Median Quarterly | 1.67% | -0.5% |
| Median 12 month | 8.93% | -8.46% |
| Median 3 years | -10.18% | -19.59% |
| Median 5 years | -20% | -28.73% |
| 10 years average annual | -0.2% | -2.48% |
| Weekly media advert. rent | $350 | $345 |
| Time on Market | 60.9 days | 57.8 days |
| Gross Rental Yield Percent | 4.97% | 6.03% |
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