Canada Bay, NEW-SOUTH-WALES Real Estate & Suburb Profile
Comprehensive property market insights and live data for Canada Bay.
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Property Market Snapshot & Data for Canada Bay
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About Canada Bay Real Estate
Canada Bay is a suburb in the Inner West of Sydney, in the state of New South Wales, Australia. It is 11 kilometres (6.8 mi) west of the Sydney central business district, in the local government area of City of Canada Bay.
Canada Bay is also a bay on Parramatta River between Concord and Five Dock. The suburb of Canada Bay sits on the southern shore and is bordered by the suburbs of Burwood, Croydon and Five Dock. The City of Canada Bay takes its name from the bay but its administrative centre is located in the suburb of Drummoyne.
Property Investment Potential
When analyzing the local real estate landscape, Canada Bay presents a dynamic opportunity. With median property prices sitting around $1,829,000 and delivering an average rental yield of 4.1%, the area caters nicely to both owner-occupiers and savvy investors. Properties typically spend an average of 24 days on the market, underscoring the consistent demand in this part of New South Wales. For accurate financial planning, check out our investment calculators to estimate your potential returns.
Local Demographics & Lifestyle in Canada Bay
Frequently Asked Questions about Canada Bay Real Estate
What is the median house price in Canada Bay?
The median house price in Canada Bay, New South Wales is currently estimated at $1,829,000.
Is Canada Bay a good place to invest?
With a capital growth of 3.9% over the last 12 months and an average rental yield of 4.1%, Canada Bay presents a solid opportunity for property investors.
What is the postcode for Canada Bay?
The postcode for Canada Bay in New South Wales is 2046.