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

Wanneroo is an established northern Perth suburb that blends suburban streets with semi-rural pockets and market gardening. The area centres on Wanneroo Road and a modest town heart with shopping, community facilities and a long-running weekend market. Housing ranges from older single-storey homes on larger blocks to newer suburban estates, and there are numerous parks, reserves and pockets of native bushland plus reliable road links to nearby coastal and metropolitan centres.

Home to 12,113 people with a median age of 41, Wanneroo is weighted towards families and is predominantly owner-occupied (a combined 78.1% owned outright or with a mortgage). The City is progressing several local civic projects, including a replacement and refurbishment of the recreation centre, an emergency services precinct in detailed design, and upgrades to Showgrounds and leisure facilities. That practical, low-rise suburb tends to suit families, tradespeople and anyone wanting extra outdoor space — whether that suits you comes down to what you’re looking for.

At about $950,000, the median house in Wanneroo works out to roughly 11.7 times a typical local household's annual income as recorded at the most recent Census (median weekly household income $1,561, annualised to $81,172). Renting a house at around $700 a week would use about 44.8% of that weekly household income, which is a large share.

On these figures, buying sits well above what a typical local household earned at the last Census, and renting a house would also take a substantial portion of a typical household's income. Whether that feels expensive will depend on your own income and circumstances.

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

The standout movement here is unit values, which climbed 26.2% over the past year, a strong rise. Wanneroo's house values also rose substantially, up 20.0% over 12 months, so capital growth has been sizable for both property types. House rents increased 7.7% over the year, a solid gain, meaning rental income for houses rose more modestly than their prices did over the same period. Whether that balance between capital growth and rental growth fits your plans depends on your own goals and 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.