Thinking about buying in Wonthella? Now could not be a better time, with 1370 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $356,000 with prices in this suburb ranging from $145,000 to $1,309,000. Wonthella is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Wonthella Real Estate Market Outlook

In Wonthella there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Wonthella due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Wonthella leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. High density population in Wonthella 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 Wonthella

	51 phelps st, wonthella, wa, 6530	3	1	2	Under Contract
	241b sixth st, wonthella, wa, 6530	2	1	1	Offers Above $250,000
	241a fifth st, wonthella, wa, 6530	2	1	2	Under Contract
	290a sixth st, wonthella, wa, 6530	3	1	0	285000
	unit 1, 210 sixth st, wonthella, wa, 6530	2	1	2	350000

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General Points of Interest

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