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Wannanup
AREA REPORTS

Wannanup

Wannanup - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6210

house
unit

Property investors enjoyed capital gains of 32.53% over the last 12 months in WANNANUP, translating to lower returns compared with its peers in WA.

A survey of average capital gains or median home price increase in suburbs across the country shows that the WA suburb obtained a 3.37% growth over a ten-year period. It ranks 2789th on our list of suburbs that property investors should look into.

WANNANUP, 6210 has a capital gain of 32.53% for the past year, which is higher than average compared to its 23.25% growth within a five-year period.

With the median home price in WANNANUP sitting at $550,000, and the average rent at $445, property owners could potentially earn a 4.21% increase in gross rental yield.

A 32.53% increase in median property prices in WANNANUP, 6210 has allowed this suburb to join the ranks of best performing suburbs in WA, settling at number 36th.

Figures from the previous quarter show that capital gains for real estate buyers in WANNANUP are high, as opposed to average gains per annum over the past five years.

WANNANUP, 6210 in WA belongs to the local government area of Mandurah (C).

Data report can be found below

Wannanup
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $550,000 $535,000
GROWTH REPORT
Median Quarterly 6.8% -2.73%
Median 12 month 32.53% -1.83%
Median 3 years 29.41% 0%
Median 5 years 23.25% N/A
10 years average annual 3.37% -12.79%
Weekly media advert. rent $445 $400
Time on Market 58.3 days 53.0 days
Gross Rental Yield Percent 4.21% 3.89%
demographics (median values)*
Total Population
68316
Weekly Household Income
1127
Household Size
2.40
Age
44
Monthly Loan Repayment
1777
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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