FOR SALE
Best Offers Over $479,000

24/16 Grey Street
Cannington WA 6107

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Perfect for Investors

Welcome to Insite Real Estate, where we present premier investment opportunities like 24/16 Grey St, Cannington—a prime choice for both first-home buyers and investors.
**Investment Opportunity:** Make the shift from passive savings to active earnings with this exceptional property, a smart entry point for those looking to begin or expand their property investment journey. Whether you’re a savvy investor aiming to tap into the rental market or a first-time buyer ready to own a smart asset, this property offers strong potential. Seize the chance to start building your portfolio or secure your ideal first home in a growing, high-demand location.
Property Features
Built in 2016
Complex of 71
Key-locked windows and doors
Complex has CCTV surveillance
Inside Living area approx. 69m2.
Secured parking with remote gate access
Lockable private storeroom
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Property Details for 24/16 Grey St, Cannington

24/16 Grey St, Cannington is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for sale with INSITE PROPERTY.

Building Type
Apartment

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About Cannington 6107

The size of Cannington is approximately 4.1 square kilometres. It has 21 parks covering nearly 23.2% of total area. The population of Cannington in 2011 was 5,274 people. By 2016 the population was 5,930 showing a population growth of 12.4% in the area during that time. The predominant age group in Cannington is 20-29 years. Households in Cannington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cannington work in a professional occupation. In 2011, 46.7% of the homes in Cannington were owner-occupied compared with 44.8% in 2016.

Cannington has 4,139 properties. Over the last 5 years, Houses in Cannington have seen a 83.57% increase in median value, while Units have seen a 84.79% increase. As at 30 November 2024:

  • The median value for Houses in Cannington is $678,739 while the median value for Units is $517,047.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 52 properties listed for sale, and 14 properties listed for rent in Cannington on OnTheHouse. According to CoreLogic's data, 245 properties were sold in the past 12 months in Cannington.

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Suburb Insights for Cannington 6107

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Andrew Patterson
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Kevin Broughton
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