Suburb Profile

Suburb profile for,

Cannington, WA

Located in the dynamic state of WA (postcode 6107), CANNINGTON is a vibrant real estate market. This suburb holds a median house price of $440,000 and has demonstrated an average buying growth of Down -3.8%. Last month, 37 houses were available, with 65 transactions completed in the past year. Properties spend around 58 days on the market, reflecting the area's demand with 810 interested buyers. The average rental yield stands at 5.3%, with a weekly median rent of $440 per week and an average rent growth of Up 18.8%. Rental properties usually stay on the market for 15 days. The population in 2016 was 5930, which changed by +12.40% in the past five years. The median weekly household income is $1,297, reflecting an income change of +10.85% over the past five years. Residents have a median age of 31 years, and the suburb has an average annual growth for houses of +0.80%. To fully take advantage of CANNINGTON's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in CANNINGTON, Handle provides end-to-end property investment services, backed by data and experts.

SUBURB DATA

Quantitative data for,

Cannington, WA

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.
State
WA
Suburb
CANNINGTON
Postcode
6107
Median price for all dwellings
$440,000
Last 12 months growth return
Down -3.8%
Avg. dwellings for sale in the suburb every month
37
Avg. dwellings sold in the suburb in previous 12 months
65
Avg days on market for a dwelling listing to sell
58 days
Avg. number of people searching in this suburb every month
810
Avg. rental yield per annum
5.30%
Weekly median rent for all dwellings
$440 per week
Median price for all houses
$440,000
Avg. rental yield growth in the previous 12 months
5.30%
Avg. days for a rental listing to find a tennant
15 days
Total suburb population in 2016
5930
Total suburb population change in 5 years up to 2016
12.40%
Avg. household income per week
$1,297
Median age of the population in the suburb
31
Historic avg annual growth return per annum in the suburb
0.80%

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