FairSquare analyses every Australian suburb for property investors — score, yield, risk and a full investment verdict.
FairSquare's model rates Cannington, Western Australia 7.3 out of 10 (Hidden Gem) as of May 2026.
Cannington, WA, offers investors a robust combination of capital appreciation and income stability, with 22% price growth over the past year. The suburb's extremely tight rental market, evidenced by a 0.7% vacancy rate and strong $699 weekly rents, reflects high tenant demand and ensures consistent cash flow. Its strategic proximity to the CBD further solidifies Cannington as a strong performing asset. The market has started re-rating this location — 12-month growth of +22.0% puts it ahead of the broader Western Australia median.
The median price is derived, not estimated. Every number on this page traces back to the model's proprietary yield surface — calibrated for each part of the country and resolved against distance from CBD. The price falls out of the formula.
Inputs for this suburb sit at the top of our calibration tier. The model is not guessing.
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Unlock 9 signals — A$25 →FairSquare's model rates Cannington, Western Australia 7.3 out of 10 (Hidden Gem) as of May 2026. Cannington, WA, offers investors a robust combination of capital appreciation and income stability, with 22% price growth over the past year. The suburb's extremely tight rental market, evidenced by a 0.7% vacancy rate and strong $699 weekly rents, reflects high tenant demand and ensures consistent cash flow. Its strategic proximity to the CBD further solidifies Cannington as a strong performing asset.
The median house price in Cannington, WA is $775K. Weekly rent of $699 against a 4.7% gross yield underpins this figure.
Cannington has a gross rental yield of 4.7%, with a median weekly rent of $699. 12-month price growth is tracking at +22.0%.
Based on its market signals, Cannington aligns with: Yield Play, Growth Play, SMSF.