Property value increases in Wannanup have tracked higher than the WA average of -4.46% over the last 12 months.
If we look at median property appreciation over just the last three months, Wannanup has given property investors a paper return of 7.55%. This puts Suburb as 15 on a list of fastest fasting appreciating suburbs in WA
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.25% offered to property buyers. Sellers in Wannanup itself are offering an average vendor discount of -9.98% to real estate investors.
Often selling an investment property can take time, and in Wannanup the average time real estate has been on the market is 106.17 days.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 3.84%, without taking into account capital value appreciation, which has been averaging out at 0.89%.