Canning Vale is Perth's major southern growth suburb, popular with Chinese-Australian and Indian-Australian communities for its modern homes, good schools and lifestyle amenity. The opening of the Ranford Road METRONET station will further boost its connectivity. At the current $620k median house price, an 80% loan at 6.25% over 30 years is about $3,054 per month.
| Median house price | $620,000 |
|---|---|
| Median unit price | $415,000 |
| Estimated monthly repayment | $3,054 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 10.8% |
| Gross rental yield | 4.7% |
| Typical days on market | 14 |
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