Fraud Blocker

Wanneroo, WA 6065

Home » WA Real Estate Data » City of Wanneroo, WA » Wanneroo, WA 6065

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Wanneroo, WA 6065 located in Perth to help you make an informed decision about your property choice in this suburb.





Market Snapshot

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

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Wanneroo, WA 6065”

  1. The total adult population (15 years or older) of Wanneroo 6065 WA is 9,901, with a median age of 41. Of those, 45.99% are married, 14.48% are divorced or separated, 33.14% are single and 6.39% are widowed.

    The average household size is 2.5 people per dwelling, and the median household monthly income is estimated to be $7,892. The median monthly mortgage repayment for households in this suburb is $1,736 which is 22.00% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in Western Australia, the suburb of Wanneroo 6065 is home to an estimated 5,843 households. As of Q3 2023, property data indicates that houses in Wanneroo 6065 typically sell for $556,359 and rent at a median price of $495 per week. This results in an indicative yield of 4.63%, marking the area as an attractive option for cashflow-focused property investors.

    Wanneroo scores an impressive 968 out of a possible 1217 on the IRSAD (socio-economic score), denoting a favourable socio-economic status in the area. Furthermore, the suburb boasts a relatively low renter to owner ratio of 21%, which is ideal for investors as it implies less competition and potential for higher long-term returns.

    The units to houses ratio stands at 2%, which infers that the property market in Wanneroo is dominated by houses. Markets with such a ratio typically attract families, thus fostering longer tenancy periods and less competition among landlords.

    The affordability index for Wanneroo is located at 28 years, suggesting the market is reasonably affordable when considering variables such as interest rates, median family income, and typical property prices.

    With reference to supply metrics in Wanneroo, the suburb’s stock on market Percentage for houses is relatively low at 0.26%, making it an attractive prospect for investors due to limited supply. Additionally, the inventory level for houses stands at 0.9 months, indicating a favourable market condition owing to the low number of sales per month. Despite this, the building approvals Ratio for houses is a tad high at 2.85%, flagging a potential influx of new dwellings in the near future.

    In terms of demand metrics, Wanneroo houses remain on the market for an average of 30 days, hinting at a high demand within the suburb. This impression is reinforced by a very low vacancy rate of 0.5%, which signals a high tenant demand. Furthermore, with a buy search index of 4 for houses, Wanneroo finds itself on the radar of many prospective buyers.

    To sum up, the suburb of Wanneroo 6065 presents a promising opportunity for property investors looking to capitalise on a high-demand, low-supply market. Bearing in mind that it’s alright to have some metrics in unfavourable ranges if the majority are favourable, potential investors should always use tools like the HtAG Analytics’ RCS metric to fully understand the property market trends in the area.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment