Wandi is in the bottom 40% in WA when comparing median price capital growth over the last year. Wandi gave property investors a disappointing capital gain figure when compared to the rest of the state, with -5.66%.
Comparing Wandi,6167 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Wandi are currently offering property investors an average price cut of -8.69% below the asking price at the moment.
Wandi, 6167’s gross rental yield is 4.58%
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