State's number one suburb revealed

By Staff Reporter

The suburb which is most popular with potential buyers in Western Australia has been uncovered by a real estate portal. 

Western Australia’s most-searched suburb is a mortgage-belt community about 20 kilometres from the PerthPerth, TAS Perth, WA CBD.

Canning Vale has been the most-searched suburb on the website since 1 January, according to the Real Estate Institute of Australia.

It has registered more than 700,000 unique property searches in that time.

REIWA president David Airey said Canning Vale appeals to home buyers because of its great lifestyle.

“Canning Vale is the biggest suburb in Perth and has been the top-selling suburb for a number of years, which is reflected in the volume of unique searches we have had through so far this year,” Mr Airey said.

According to CoreLogic RP Data, the median house price in Canning Value reached $615,000 at the end of March.

That came after 4.4 per cent growth over the previous year, 16.0 per cent growth over the previous three years and 23.2 per cent growth over the previous five years.

The weekly median advertised rent was $530 at the end of March, while the gross rental yield was 4.5 per cent.

Mr Airey forecast that Canning Vale would eventually relinquish its most-searched statys to Baldivis, a semi-rural suburb about 45 kilometres from the CBD.

“As Canning Vale matures it would appear that Baldivis is taking over Canning Vale’s mantle in terms of size and sales, so I would expect Baldivis, which came in at number 12 for the year to date, will start to dominate our searches more and more,” he said.

Thank you.

Your enquiry has been sent to a local Aussie Mortgage Broker.

We will be in contact with you shortly.

error occurred.
Unfortunately Aussie cannot attend to your home loan related enquiry at this stage as you must be a citizen or permanent resident.
Do you need help finding the right loan for your investment?
What Aussie do for you:
  • Give expert mortgage advice to help you find great investment loan deals
  • Help you maximise return by lowering financing costs
  • Save you time and effort by helping with the paperwork
First name
Last name
Mobile Number
Are you an Australian Resident?
promoted stories

Top Suburbs

Highest annual price growth - click a suburb below to view full profile data:
BLUE BAY 49.18%
State's number one suburb revealed
SPI logo