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Cannington
AREA REPORTS

Cannington

Cannington - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6107

house
unit
CANNINGTON ranks 424th in WA when it comes to estimated capital gains experienced by property investors over the past three years.

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.

Data report can be found below

Cannington
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%
demographics (median values)*
Total Population
43605
Weekly Household Income
1469
Household Size
2.80
Age
32
Monthly Loan Repayment
1950
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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