FOR SALE
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296 Railway Parade
East Cannington WA 6107

Bedrooms: 7
Bathrooms: 2
Car spaces: 6
Floor area: 350m2
Land area: 1072m2
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Investors' first choice, large block, excellent location.

Unique developer wanted 7x2 home, sitting on 1072sqm land, reroofed and rewired. Located only 11km from Perth CBD, 5min walk to Cannington Station and 10min walk to Carousel Shopping Centre.
High ceiling, timber floor, BGpool and parking spaces are only some of the features.
You will enjoy the high rental return. The property is good for Airbnb, short-term or long-term lease, share house or motel. You could change use from residential dwelling to residential building. If the application is approved, the house will be allowed to accommodate up to ten people. The rent potential can be great.
The current zoning is R17.5/R40. Potential subdivision 3 or 4 Lots.
Viewing the property would not disappoint you. Please contact agent for further information.

Property Details for 296 Railway Pde, East Cannington

296 Railway Pde, East Cannington is a 7 bedroom, 2 bathroom House with 6 parking spaces. The property has a land size of 1072m2 and floor size of 350m2. The place is currently for sale with ANDO Real Estate.

Building Type
House
Floor Size
350m2
Land Size
1072m2

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About East Cannington 6107

The size of East Cannington is approximately 2.8 square kilometres. It has 15 parks covering nearly 11.2% of total area. The population of East Cannington in 2011 was 4,300 people. By 2016 the population was 5,446 showing a population growth of 26.7% in the area during that time. The predominant age group in East Cannington is 20-29 years. Households in East Cannington are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Cannington work in a trades occupation. In 2011, 65% of the homes in East Cannington were owner-occupied compared with 62.4% in 2016.

East Cannington has 3,105 properties. Over the last 5 years, Houses in East Cannington have seen a 85.79% increase in median value, while Units have seen a 89.33% increase. As at 31 October 2024:

  • The median value for Houses in East Cannington is $749,611 while the median value for Units is $537,387.
  • Houses have a median rent of $673 while Units have a median rent of $590.
There are currently 34 properties listed for sale, and 8 properties listed for rent in East cannington on OnTheHouse. According to CoreLogic's data, 167 properties were sold in the past 12 months in East cannington.

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Angela Sheng
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ANDO Real Estate
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