Get a property report and suburb profile for any property in Wannanup

Wannanup sits where the Peel-Harvey estuary and the Dawesville Channel meet the Indian Ocean, so life centres on beaches, boating and fishing. The shoreline and dunes set a relaxed, holiday-style tone, while streets just inland mix family homes and newer waterfront properties, many with water views and private boat access. Local cafés and shops are nearby, there are easy road links into Mandurah for larger services, and Port Bouvard Marina plus public boat-launch facilities support boating. A new coastal walking and cycling route is planned to run from Mercedes Avenue (Falcon) to Cesia Lane in Wannanup.

About 4,142 people live in Wannanup; the median age is 47 and the typical household income is $1,461 a week (roughly $76,000 a year). Housing is mostly owner-occupied — about four in five homes — and couple families without children are the largest family type. That mix and the suburb’s maritime character mean it particularly suits people after a seaside lifestyle and outdoor recreation; whether it fits you comes down to what you want from a suburb.

Against what a typical local household earned at the last Census, buying in Wannanup sits well above local incomes: a median house price of $1,200,000 is about 15.8 times a typical local household's annual income. Renting is also stretched, with a median house rent of $678 a week taking roughly 46.4% of a typical local household's weekly income, a large share. If you're renting rather than buying, the rent share is the figure most relevant to you.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

House values in Wannanup climbed 19.1% over the past 12 months, a strong rise in the capital value of houses. Over the same period, house rents increased 4.3%, a modest rise in the rental income those properties earn, so on the figures available capital growth has outpaced rental growth for houses this year.

Whether that balance fits your investment goals depends on whether you are prioritising capital growth or rental income and on your own circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.