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Canley Vale suburb profile

Canley Vale is a culturally diverse suburb located in Sydney's south-west, approximately 30km from the CBD. Known for its vibrant community and multicultural atmosphere, Canley Vale offers a rich tapestry of cultural experiences, reflected in its variety of international cuisines and local businesses. The suburb is well-served by public transport, with a train station providing easy access to the city and surrounding areas. Canley Vale is home to several parks and recreational facilities, making it a family-friendly area. Its blend of cultural diversity, accessibility, and community spirit makes it an appealing choice for residents seeking a dynamic suburban lifestyle.

Canley Vale property market performance

Current median dwelling price$830,000Past 3 months

Property growth+11.9%Past 12 months

Canley Vale’s property market has shown positive trends over the past 12 months. House values have increased by 11.2%, bringing the median house price to approximately $1.41 million. Although there’s no defined median unit price, unit values have seen an increase of 11.5%, indicating robust demand.

Sales activity has been moderate, with 12 houses and 5 units sold in the past year. Houses are selling relatively quickly, with a median of 30 days on market, whereas units take longer at 43 days, suggesting varied demand.

The rental market in Canley Vale has experienced gradual growth over the last 12 months, with average rents for houses increasing by 3.2% and units experiencing a 4.7% hike, indicating steady demand in the rental sector.

HousesUnits
Median price
Past 3 months
$1.13MN/A
Change in value
Past 12 months
11.6%12.2%
Sold
Past 3 months
112
Median days on market
Past 12 months
3534
Average rent
Past 12 months
$650$450
Change in rent
Past 12 months
3.2%3.4%

5 year median price trend for houses and units

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Canley Vale demographics

Canley Vale, located in the southwestern suburbs of Sydney, is a diverse and family-oriented community. With a population of 10,300, the suburb is characterized by its multicultural atmosphere and strong sense of community. The median age of 39 suggests a mature population, with many families and long-term residents enjoying the area's suburban lifestyle. The suburb's proximity to Cabramatta and Fairfield provides residents with access to a variety of cultural experiences, dining options, and shopping facilities.

Family life is a significant aspect of Canley Vale, with nearly half of the families being couple families with children, accounting for 47.7% of the population. This is complemented by 22.4% of couple families without children and 26.6% of one-parent families, reflecting a diverse range of family structures. The suburb's community-oriented environment is further supported by local schools, parks, and recreational facilities, making it an attractive location for families seeking a balanced lifestyle.

In terms of housing, Canley Vale offers a mix of ownership and rental opportunities. Approximately 31% of properties are owned outright, while 26.3% are owned with a mortgage, indicating a stable housing market with opportunities for both established homeowners and new buyers. Additionally, 42.7% of properties are rented, providing flexibility for those who prefer not to commit to home ownership. The median total household income of $1,330 per week reflects the suburb's working-class roots, with many residents employed in various sectors across Sydney.

Suburbs near Canley Vale

Some popular suburbs near Canley Vale include:

How does Canley Vale compare to nearby suburbs?

  • Median house prices: Canley Vale’s median house price is 16.9% lower than Cabramatta’s.
  • Median unit prices: Canley Vale’s median unit price is 9.1% higher than Cabramatta’s.
  • House price growth: Over the past 12 months, house prices in Canley Vale have grown 8.6% higher than in Lansvale.
  • Unit price growth: Over the past 12 months, unit prices in Canley Vale have grown 3.1% higher than in Cabramatta.
  • Selling speed for houses: Properties in Canley Vale are selling 14.6% faster than in Cabramatta.
  • Selling speed for units: Properties in nearby Cabramatta are selling 20.6% faster than in Canley Vale.
  • Investment considerations: In Canley Vale, the rental yield for house is 28.6% lower than the Sydney average, while the rental yield for units is 42.5% lower.
  • House price growth: Over the past 12 months, house prices in Canley Vale have grown 27.3% lower than the average rate of growth across Sydney.
  • Unit price growth:Over the past 12 months, unit prices in Canley Vale have grown 49.2% lower than the average rate of growth for units across Sydney.

Choose the right real estate agents in Canley Vale

Choosing the right real estate agent in Canley Vale can have a big impact on your sale. While there are 45 real estate agents working in the suburb, but just 5 of them were responsible for 34.6% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.82% to 2.33%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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