City of Canada Bay Council, NSW

The City of Canada Bay is a local government area in Sydney’s Inner West. The property market in the LGA is extremely diverse, with a wide range of properties available at different prices.

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There are many affordable apartments and townhouses available, as well as a number of luxury properties. The area is popular with families and young professionals, and there is a strong demand for housing.

The economy in the City of Canada Bay is based on a mix of light industry, retail and commercial businesses, and a wide range of professional services. There is also a significant amount of public sector employment. The area has a well-educated population, with a high proportion of residents holding university degrees. The median household income is above the Sydney metropolitan average.

Professionals (33.1 %), Managers (18.4 %), Clerical and Administrative Workers (14.8 %), Sales Workers (9.1 %), and Technicians and Trades Workers (8.7 %) are the most frequent jobs in Canada Bay. In Canada Bay, the median weekly personal income for those aged 15 years and above was $882.

The area is well-served by public transport, with a number of buses and ferries available. There are also a number of schools and hospitals in the area, and a variety of shops and restaurants.

There are a number of waterfront properties available in the area, and these tend to be the most expensive. The rental market is also very diverse, with a wide range of properties available to rent at different prices. The prices can vary significantly depending on the size and location of the property. In Canada Bay, 38.6 % of occupied private residences are detached houses, 9.3 % are semi-detached, row or terrace houses, townhouses, or other buildings, 50.7 % are flats or apartments, and 1.0 % are other dwellings.

The Canada Bay, NSW property market for investors is currently stable, with a healthy mix of new and established developments. The area is seeing a lot of interest from young professionals and families, so investors can expect good rental yields and capital growth potential in the future.

Discover the latest trends in Canada Bay real estate market with the help of interactive dashboard on this page.

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Capital Growth Heatmap

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent 

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield 

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy 

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent 

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield 

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Yield chart
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Demand chart
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unit to houses pie charts
Renters to owners pie chart
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IRSAD chart
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Index chart
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GRC chart

Confidence: High, Medium, Low

Supply

Stock on Market

Inventory

Hold Period

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SOM chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

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DOM chart
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Inventory chart
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Auction chart

All Supply / Demand cards and graphs on this page are published under a preliminary Beta release.
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Property Market in City of Canada Bay Council, NSW

What other property markets are there near City of Canada Bay Council, NSW?

City of Canada Bay Council is surrounded by 4 other council areas – Burwood, Inner West, Strathfield, Parramatta.

Suburbs/localities in this Local Government Area: Concord 2137, Concord West 2138, Drummoyne 2047, Five Dock 2046, Liberty Grove 2138, Mortlake 2137, Abbotsford 2046, North Strathfield 2137, Rhodes 2138, Rodd Point 2046, Russell Lea 2046, Wareemba 2046, Breakfast Point 2137, Cabarita 2137, Canada Bay 2046, Chiswick 2046

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