With a capital gain of -10.50% for the last 12 months, Wandi, 6167 has performed for property investments than its average annual 11.51% property growth over the last 5 years.
A 74.69% growth in median value for property investors in Wandi,6167 puts this suburb at number 374th in terms of best performing suburbs in WA
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.07% offered to property buyers. Sellers in Wandi itself are offering an average vendor discount of -9.79% to real estate investors.
The WA suburb of Wandi, 6167 is in the Kwinana local government area.
With WA still in the throes of its downturn period, Wandi is one of the suburbs suffering as a result, with house values falling over the last three yearsFull summary
Information supplied by:
Supply of houses drops with prices
Median house price: $512,500
Stock on market: -36.7%
12-month growth: -6.0%
With WA still in the throes of its downturn period, Wandi is one of the suburbs suffering as a result, with house values falling over the last three years.
The number of houses listed on the market has also dropped by over 50 properties. With the suburb being located just over half an hour’s drive from the Perth CBD, its affordability could help stir up some demand once the state’s economic troubles settle.
Wandi is a fairly new suburb, having been gazetted in 1978. It is primarily composed of bushland, and it is part of the Jandakot Regional Park. Public transport is not offered here, but Kwinana Freeway forms the western boundary of the suburb, and is one of the routes commuters can take to the city.Close