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Cannum, VIC 3393
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$390,000
Median Unit
$250,000
list-price estimate
Gross Yield (houses)
5.4%
1yr Growth
-
Investment snapshot for Cannum
Cannum has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Cannum market and investor summary
Cannum (VIC 3393) runs a median house price of $390K, with houses yielding a gross 5.4%. At 1.6% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price maths here leans toward cashflow: a gross house yield near 5.4% does more of the early heavy lifting than capital growth usually would at this price point.
Living in Cannum: people, income and schools
Cannum is home to around 45 people, a count that has slipped about 5% over five years. The median age is 53, an older, established demographic, and 76% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $59,000 a year, or roughly $1,140 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). At current prices a median house runs to about 6.6 times local household income, in line with much of metropolitan Australia. Incomes have risen about 32% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 45
- -5% over 5yr
- Median age
- 53 years
- Median household income
- $59,000/yr
- Households renting
- 19%
- Family households
- 59%
- Socio-economic rank
- 2/10
- ABS advantage index
- Unemployment
- 2.4%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Cannum
No properties currently listed in Cannum
Search Cannum listings →Frequently asked questions about Cannum
What should I check before investing in Cannum?
Cannum has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid house gross rental yield of 5.4%, giving a stronger rent-to-price starting point than many suburbs. Tight rental market (1.6% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Cannum?
The median property price in Cannum, VIC 3393 is $390K for houses.
What rental yield does Cannum show?
The gross rental yield in Cannum is 5.4% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Cannum?
The current vacancy rate in Cannum is 1.6%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Cannum?
Cannum has a population of approximately 45 residents, with a median age of 53.
Is Cannum affordable to buy in?
A median house in Cannum costs about 6.6 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Cannum's population growing?
The population of Cannum has fallen about 5% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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