Investment property in Wandi has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.95%
When looking at the potential capital gains offered to property investors over the last 3 years, Wandi comes in at number 370th in WA.
Wandi, 6167 is offering WA ‘s 337th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this WA.
Wandi, 6167’s gross rental yield is 3.80%
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
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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