211 Bannister RoadCanning Vale WA 6155
Property Details for 211 Bannister Rd, Canning Vale
Last Listing description (June 2019)
YOU can OWN YOUR OWN WORKSHOP when you borrow money, one day you will own it, instead of leasing and never owning. With renting you may think of it as a tax benefit, whereas with owning it you have the same tax benefit and it is yours. When you lease a commercial or retail premise there is an increase in the rent on a yearly basis. It could be CPI which at the moment is at its lowest at 1.3%, but as you may know in the past it has reached 8%+. Or it could range from CPI plus 2, to 5 %. 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. This Commercial/Industrial building has previously been had many uses such as Retail, Dance Studio, Mechanic. Several uses are available.
The building consists of 350sqm internal, plus a mezzanine section not included in the size of the of the partly air conditioned 350sqm building. Plus an Office 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 Woodthorpe 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 house(92%) in this suburb.
Property History for 211 Bannister Rd, Canning Vale, WA 6155
- 08 Jun 2019Listed for Sale $690,000
- 23 Mar 2019Listed for Sale $690,000
Recent sales nearby
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About Canning Vale 6155
The size of Canning Vale is approximately 25.4 square kilometres. There are 71 parks, covering nearly 17.1% of the total area. The population of Canning Vale in 2016 was 33059 people. By 2021 the population was 34504 showing a population growth of 4.4% 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 2021, 79.30% of the homes in Canning Vale were owner-occupied compared with 81.00% in 2016.
Canning Vale has 13,509 properties. Over the last 5 years, Houses in Canning Vale have seen a 102.02% increase in median value, while Units have seen a 113.93% increase. As at 30 April 2026:
- The median value for Houses in Canning Vale is $1,215,384 while the median value for Units is $778,506.
- Houses have a median rent of $820 while Units have a median rent of $660.
Suburb Insights for Canning Vale 6155
Market Insights
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