Suburb Profile Report for Wandi WA (6167)

Wandi House: Median price $490,000, Annual capital growth 1.41%, Number of sales 47, Weekly median advertised rent $380

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report

If you compare the increase in value of investment property in Wandi, 6167 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -5.54%.

When looking at the potential capital gains offered to property investors over the last 3 years, Wandi comes in at number 217th in WA.

At number 88th of WA’s most discounted properties, Wandi is in the bottom 30% of the state/territory when listing in order of most discounted to least.

Information supplied by:


January 2018

M
O

W
E

Supply of houses drops with prices

Postcode: 6167

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.

Metrics i HOUSE UNIT
$490,000 N/A
-5.31% N/A
-5.54% N/A
1.41% N/A
$380 N/A
47 N/A
4.03% N/A
139.736842105263 N/A

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Balanced (U)
Find a mortgage broker in Wandi WA
Demographics
Total population 809
Median household income ($/weekly) 2027
Median age of persons 43
Median housing loan repayment ($/monthly) 1733
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 112 13.8
    15-19 years 75 9.3
    35-44 years 105 13.0
    45-54 years 163 20.1
    55-64 years 137 16.9
    Others 217 26.8
    Age Group
    Census Count Percent(%)
    Registered Married 360 58.7
    Not Married 205 33.4
    Defacto Relationship 48 7.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 608 77.5
    New Zealand 10 1.3
    Papua New Guinea 13 1.7
    United Kingdom 98 12.5
    Other 18 2.3
    Others 38 4.8
    Country of Birth
    Census Count Percent(%)
    Christianity 521 71.5
    No Religion 198 27.2
    Buddhism 4 0.5
    Hinduism 3 0.4
    Other Religious Groups 3 0.4
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 18 8.3
    $1,500-$1,999 36 16.7
    $2,000-$2,499 27 12.5
    $2,500-$2,999 33 15.3
    $4,000 or more 24 11.1
    Others 78 36.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 279 43.7
    Not in the labour force 172 27.0
    Employed, worked part-time 148 23.2
    Employed, away from work 25 3.9
    Unemployed, looking for work 14 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 51 11.3
    Professionals 63 13.9
    Technicians & trades workers 111 24.5
    Community & personal service workers 50 11.0
    Clerical & administrative workers 83 18.3
    Others 95 21.0
    Occupation
    Census Count Percent(%)
    Pre-school 12 5.6
    Infants/Primary 66 30.8
    Secondary 64 29.9
    Technical or Further Educational Institution 22 10.3
    University or other Tertiary Institutions 47 22.0
    Others 3 1.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 778 99.4
    Caravan, cabin, houseboat 5 0.6
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 118 48.2
    Fully owned 100 40.8
    Rented 24 9.8
    Other tenure type 3 1.2
    Tenure Type
Census 2011, ABS
Chart Table