Wanneroo is a well-established suburb in Western Australia within the Wanneroo local government area (postcode 6065). With a population of 12,113, the suburb has an established demographic with a median age of 41. Households earn a median income of $81K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Wanneroo is $634,000, having surged 25.4% over the past year. Units have a median price of $490,000 (+33.3% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,736.
Wanneroo is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 999, which is around the national average of 1,000. Public transport access includes 59 bus stops.
From an investment perspective, Wanneroo offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($634K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 7.8x is considered moderate. House prices have moved +25.4% year-on-year.
Wanneroo is a well-established suburb in Western Australia within the Wanneroo local government area (postcode 6065). With a population of 12,113, the suburb has an established demographic with a median age of 41. Households earn a median income of $81K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Wanneroo is $634,000, having surged 25.4% over the past year. Units have a median price of $490,000 (+33.3% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,736.
Wanneroo is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 999, which is around the national average of 1,000. Public transport access includes 59 bus stops.
From an investment perspective, Wanneroo offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($634K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 7.8x is considered moderate. House prices have moved +25.4% year-on-year.