Canning Vale is a large suburb in Western Australia within the Gosnells local government area (postcode 6155). With a population of 34,504, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $118K per year, with an average household size of 3.1 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Chinese, Australian.
The median house price in Canning Vale is $822,000, having surged 18.3% over the past year. Units have a median price of $495,000 (+36.2% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $2,000.
Canning Vale is served by 8 schools, including 6 primary, 1 secondary, 1 special. The average ICSEA score is 1081, which is above the national average of 1,000. Public transport access includes 173 bus stops.
From an investment perspective, Canning Vale offers a gross rental yield of 4.7%, rated as moderate yield. Property prices are near the state median ($822K/$951K). The price-to-income ratio of 6.9x is considered moderate. House prices have moved +18.3% year-on-year.
Canning Vale is a large suburb in Western Australia within the Gosnells local government area (postcode 6155). With a population of 34,504, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $118K per year, with an average household size of 3.1 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Chinese, Australian.
The median house price in Canning Vale is $822,000, having surged 18.3% over the past year. Units have a median price of $495,000 (+36.2% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $2,000.
Canning Vale is served by 8 schools, including 6 primary, 1 secondary, 1 special. The average ICSEA score is 1081, which is above the national average of 1,000. Public transport access includes 173 bus stops.
From an investment perspective, Canning Vale offers a gross rental yield of 4.7%, rated as moderate yield. Property prices are near the state median ($822K/$951K). The price-to-income ratio of 6.9x is considered moderate. House prices have moved +18.3% year-on-year.