WANNANUP MARKET SNAPSHOT – JULY 2025

Wannanup saw a quieter July, with a sharp drop in sales and rentals, though median prices held strong and buyer competition remained steady.

SALES

There were 5 residential sales recorded during the month — down from earlier in the year and 76% lower than July 2024. The median house price remained high at $840,000, representing 13.5% annual growth despite a slight monthly dip.

LISTINGS

Listings ticked up slightly to 14 properties for sale at the end of July. That’s a 16.7% increase year-on-year, offering a bit more choice for active buyers.

LAND

Land activity was limited, with 2 sales for the month and a median price of $500,000. Ten blocks were listed for sale at month’s end — down from June but still higher than last year.

SALES TIME ON MARKET

Homes sold in a median of 21 days, which is three days quicker than the same time last year. Unit sales took longer, averaging 61 days on market.

RENTALS

The rental market remained quiet, with just 4 leases signed in July. Median rent for houses dropped slightly to $595 per week but remains competitive.

RENTALS TIME ON MARKET

There was just 1 rental property listed at the end of July. Homes leased in a median of 19 days — still quick, though activity levels remain subdued.