OFF MARKET

7/211 Bannister Road
Canning Vale WA 6155

Bedrooms: -
Bathrooms: -
Car spaces: 6
Floor area: 340m2
Land area: 340m2
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Last updated 11 Nov 2024
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Property Details for 7/211 Bannister Rd, Canning Vale

7/211 Bannister Rd, Canning Vale is a 0 bedroom, 0 bathroom Unit with 6 parking spaces and was built in 1989. The property has a land size of 340m2 and floor size of 340m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
1989
Floor Size
340m2
Land Size
340m2
Local Government
Canning
Lot/Plan
8/S017976

Last Listing description (February 2023)

Properties on the market today are already priced at today's values and banks are lending at today's valuation. Interest rates are the lowest they have ever been. In fact paying off a loan today is less than what it would be by paying rent.
The benefits for this location is that Canning Vale is known as the best modern Industrial area south of the river. You have easy access to all major freeways, north, south, east and west. Only 15km to the CBD. Most of all it is surrounded by blue color workers.
Flexible use Industrial building offering huge warehouse space, suitable for Manufacturing and other. This Commercial/Industrial building has previously been had many uses such as Retail, Dance Studio, Mechanic. Several uses are available.

Currently the Property is vacant.
The building consists of 350sqm internal, plus a mezzanine section not included in the size of the of the partly air conditioned 350sqm building. includes Office, lunch room and 2 wc's .
Features
Building: Strata Title
Construction: Concrete Walls, Metal roof
Parking : Shared
Zoning Industrial / Warehouse
This Commercial Building is perfect for an Owner Occupier to operate their own Business or an investment with a good rental return.
Business Address:211 Bannister rd, Canning Vale WA 6155
Canning Vale's Features:
- 1. Home median price ranks No.166 among 504 suburbs of West Australia.
- 2. Home median rent ranks No.145 among 504 suburbs of West Australia.
- 3. Top primary school Caladenia Primary School, Canning Vale Primary School, Orana Catholic Primary School are in this suburb.
- 4. Top secondary school Willetton Senior High School is in this suburb.
- 5. Top combined school Goldthorpe School is in this suburb.
- 6. Many houses in this suburb are Fully Owned(40%).
- 7. People are well-educated (University or Tertiary education 6%).
- 8. People from India(2%) like to live in this suburb.
- 9. People from Singapore(2%) like to live in this suburb.
- 10. Many houses in this suburb are Purchasing(42%).
- 11. Many people in this suburb are Professionals(9%).
- 12. People from Malaysia(5%) like to live in this suburb.
- 13. The percentage of age 5 to 19 people(27%) is high.
- 14. There are more Separate houses (92%) in this suburb.

Property History for 7/211 Bannister Rd, Canning Vale, WA 6155

A timeline of how this property has performed in the market
Last Sold
$650,000
08 Oct 2021
Listed for Rent
$709/w
10 May 2022
  • 08 Oct 2021
    Sold for $650,000
  • 11 Feb 2019
    Listed for Rent $37,000 / year
  • 20 Sep 2018
    Listed for Rent - Price not available
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About Canning Vale 6155

The size of Canning Vale is approximately 25.4 square kilometres. It has 71 parks covering nearly 17.1% of total area. The population of Canning Vale in 2011 was 30,665 people. By 2016 the population was 33,069 showing a population growth of 7.8% in the area during that time. The predominant age group in Canning Vale is 40-49 years. Households in Canning Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Canning Vale work in a professional occupation. In 2011, 82.8% of the homes in Canning Vale were owner-occupied compared with 81% in 2016.

Canning Vale has 13,475 properties. Over the last 5 years, Houses in Canning Vale have seen a 81.72% increase in median value, while Units have seen a 77.94% increase. As at 31 October 2024:

  • The median value for Houses in Canning Vale is $962,392 while the median value for Units is $597,179.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 81 properties listed for sale, and 23 properties listed for rent in Canning vale on OnTheHouse. According to CoreLogic's data, 454 properties were sold in the past 12 months in Canning vale.

Suburb Insights for Canning Vale 6155

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.