Thinking about buying in Wanneroo? Now could not be a better time, with 3233 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,000,000 with prices in this suburb ranging from $151,000 to $7,095,000. Wanneroo is located fairly close to the coast at just 7Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Wanneroo Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Wanneroo ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Wanneroo classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Wanneroo requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Wanneroo

	61 dellamarta rd, wangara, wa, 6065				Price by Negotiation
	factory 3, 34 prindiville dr, wangara, wa, 6065				$99,000 No GST Plus Stock
	unit 2, 1 dellamarta rd, wangara, wa, 6065				Expressions of Interest

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General Points of Interest

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