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Wanneroo

POSTAL CODE: WA, 6065
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 66.03% capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $828,500

The augmented property values in the suburb are trailing above the territorial average of 13.93% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $680.

Home owners selling their properties and realtors in WANNEROO usually have to wait an average of 21.3 days days before their assets are lifted off the market.

The WA suburb ranks 207th on the list of best yielding suburbs for rental properties in WA, posting a 4.27% return.

It also places places 157th in Australia based on median property value growth during the quarter.

Surburb overview

Wanneroo, located approximately 25 kilometres north of Perth's central business district, is a well-established suburb within the City of Wanneroo. Spanning about 20 square kilometres, it features developed residential areas and some undeveloped land in its eastern sector. 

As of the 2021 census, Wanneroo had a population of 12,113, marking a modest increase from previous years. The median age of residents is 41 years, with households averaging 2.5 people. The community comprises a mix of families, couples, and singles, reflecting a diverse demographic profile. 

Several Transperth bus routes facilitate public transportation in Wanneroo. Route 389 operates along Wanneroo Road, connecting the suburb to Perth Busport. Routes 467 and 468 link Wanneroo to Whitfords and Joondalup Stations, providing access to the train line. These services offer residents convenient options for commuting to the city and surrounding areas. 

Essential establishments are readily accessible within and near Wanneroo. The Wanneroo Central Shopping Centre offers a variety of retail stores, supermarkets, and dining options. Medical services, including general practitioners and dental clinics, are available within the suburb. Educational institutions comprise three primary schools—Wanneroo Primary School, East Wanneroo Primary School, and St Anthony's Catholic Primary School—and Wanneroo Secondary College, catering to the educational needs of local families. 

Recreational activities abound in Wanneroo, with numerous parks and natural attractions. Yellagonga Regional Park, adjacent to Lake Joondalup, provides walking trails, picnic areas, and opportunities for wildlife observation. The Wanneroo Showgrounds host various community events, including the annual Wanneroo Agricultural Show. Additionally, the suburb's proximity to the Indian Ocean allows residents to enjoy coastal activities within a short drive. 

Wanneroo's blend of residential amenities, educational facilities, and recreational opportunities contributes to its appeal as a suburban community within the Perth metropolitan area. 

 

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