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Wannanup, WA 6210

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental Market

Median House

$835,000

list-price estimate

Median Unit

$1,000,000

market range $925K-$1.1M

Gross Yield (houses)

3.6%

1yr Growth (units)

+15.8%

market range +12.5% to +20.0%

Investment snapshot for Wannanup

Wannanup has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Wannanup market and investor summary

In Wannanup, WA 6210, houses show a gross rental yield of 3.6%. At 1.4% vacancy, it is a tight rental market that favours landlords.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.6% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.4% and a resident base that is not shrinking.

Living in Wannanup: people, income and schools

Wannanup is home to around 4,142 people, and the area has been growing steadily, up about 16% over five years. At a median age of 47, it reads as skewed a little older, and 76% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

The typical household income runs to around $76,000 a year (about $1,460 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). Locally, around 33% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

Families have 4 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. Wannanup sits about 75 km from the CBD. It is fairly car-dependent; the suburb scores 6 for walkability out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
4,142
+16% over 5yr
Median age
47 years
Median household income
$76,000/yr
Households renting
20%
Family households
78%
Socio-economic rank
4/10
ABS advantage index
Schools within 5km
4
avg ICSEA 994
Unemployment
3.3%
Distance to CBD
75 km
Walk score
6/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Wannanup

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Frequently asked questions about Wannanup

What should I check before investing in Wannanup?

Wannanup has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.4% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Wannanup?

The median property price in Wannanup, WA 6210 is $1M for units.

What rental yield does Wannanup show?

The gross rental yield in Wannanup is 3.6% for houses and 3.8% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

How tight is the rental market in Wannanup?

The current vacancy rate in Wannanup is 1.4%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Wannanup?

Wannanup has a population of approximately 4,142 residents, with a median age of 47.

What schools are near Wannanup?

There are 4 schools within roughly 5km of Wannanup. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Wannanup's population growing?

The population of Wannanup has grown about 16% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Wannanup from the CBD?

Wannanup is about 75 km from the CBD.

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