Over the last year, property investments in Wandi, 6167 have given investors a capital gain of -0.96%. This compares averagely with the -1.63% for WA as a whole.
A 79.44% growth in median value for property investors in Wandi,6167 puts this suburb at number 28th in terms of best performing suburbs in WA
Property investors looking for a bargain in Wandi should be aiming for at least -8.57% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 2.58 sales per month, which equates to 31 per year.
Situated 26.42km from the CBD, Wandi is one of Kwinana localities in the postcode 6167.
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