30 Magnet Road, Canning Vale, WA 6155 | Property Value & History | OnTheHouse
 
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30 Magnet Road
Canning Vale WA 6155

Bedrooms: -
Bathrooms: -
Car spaces: 30
Floor area: 2650m2
Land area: 5650m2
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Property Details for 30 Magnet Rd, Canning Vale

Building Type
Commercial
Year Built
1987
Floor Size
2650m2
Land Size
5650m2
Local Government
Canning
Lot/Plan
55/P012346

Last Listing description (June 2022)

Situated in the premier southern district of Canning Vale on the corner of Magnet Road and Madison Street, this fully leased property offers an outstanding opportunity for astute property investors.Positioned within a food production and processing precinct, close to Market City - Perth's main fresh produce and wholesale market - this property is leased to two tenants on secure 10-year leases with a net income of $310,000 per annum net and 3% fixed annual rental growth.Other features include:- Land area: 5,700 sqm- Total building area: 2,459 sqm- 10 year WALE commencing 1st July 2021- Major CAPEX refurbishment upgraders recently completed- Suitable opportunity for investors, syndicators and SMSFTo obtain a copy of the IM or to arrange an inspection please contact the exclusive selling agent, Wayne Chorley.

Property History for 30 Magnet Rd, Canning Vale, WA 6155

A timeline of how this property has performed in the market
Last Sold
$5,150,000
14 Feb 2022
Listed for Rent
07 Feb 2020
  • 14 Feb 2022
    Sold for $5,150,000
  • 10 Sep 2021
    Listed for Sale Offers Invited
  • 17 Sep 2019
    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 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 13,498 properties. Over the last 5 years, Houses in Canning Vale have seen a 97.75% increase in median value, while Units have seen a 112.90% increase. As at 31 December 2025:

  • The median value for Houses in Canning Vale is $1,120,064 while the median value for Units is $730,441.
  • Houses have a median rent of $800 while Units have a median rent of $655.
There are currently 36 properties listed for sale, and 16 properties listed for rent in Canning vale on OnTheHouse. According to Cotality's data, 472 properties were sold in the past 12 months in Canning vale.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
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