Canley Vale is a well-established suburb in New South Wales within the Fairfield local government area (postcode 2166). With a population of 10,300, the suburb has an established demographic with a median age of 39. Households earn a median income of $69K per year, with an average household size of 3.1 people. The most common occupations are professionals, labourers, machinery operators & drivers. The top ancestries reported are Vietnamese, Chinese, Australian.
The median house price in Canley Vale is $750,000, having dropped significantly 46.9% over the past year. Units have a median price of $572,000 (+19.2% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,694.
Canley Vale is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 973, which is around the national average of 1,000. Public transport access includes 2 rail stations, 28 bus stops. The crime rate in the Fairfield LGA is below average at 2,226 incidents per 100,000 population.
From an investment perspective, Canley Vale offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($750K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.8x is considered stretched. House prices have moved -46.9% year-on-year.
Canley Vale is a well-established suburb in New South Wales within the Fairfield local government area (postcode 2166). With a population of 10,300, the suburb has an established demographic with a median age of 39. Households earn a median income of $69K per year, with an average household size of 3.1 people. The most common occupations are professionals, labourers, machinery operators & drivers. The top ancestries reported are Vietnamese, Chinese, Australian.
The median house price in Canley Vale is $750,000, having dropped significantly 46.9% over the past year. Units have a median price of $572,000 (+19.2% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,694.
Canley Vale is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 973, which is around the national average of 1,000. Public transport access includes 2 rail stations, 28 bus stops. The crime rate in the Fairfield LGA is below average at 2,226 incidents per 100,000 population.
From an investment perspective, Canley Vale offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($750K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.8x is considered stretched. House prices have moved -46.9% year-on-year.