WANNANUP MARKET SNAPSHOT – OCTOBER 2025

Wannanup saw a modest decline in sales during October, but prices held firm across houses, units, and land. Rental values remained strong, while the number of leases signed dropped.

Sales
There were 12 residential sales recorded for the month, down 14.3 percent from September and 7.7 percent lower than the same time last year. The overall median price rose slightly to $880,000, reflecting 0.3 percent monthly growth and 12.8 percent annual growth

Listings
There were 23 properties listed for sale at the end of October, up 35.3 percent from the previous month.
While listings have increased, they remain slightly below last year’s levels.

Land
Two land sales were recorded in October, with a median price of $517,000. This represents a 1.5 percent
monthly increase and a significant 36.2 percent growth year on year. Land sold in a median of 14 days,
showing steady demand despite fewer transactions.

Sales Time on Market
Homes sold in a median of 10 days overall. Houses took 42 days, units 77 days, and land 14 days. The median across all dwellings improved by 9 days compared to September, reflecting faster turnover for newly listed properties

Rentals
There were 4 residential leases signed during October, the same as the previous month. The median rent
across all dwellings held at $670 per week, while houses averaged $670 and units rose to $715 per week.

Rental Time on Market
There were 3 rental listings at the end of the month. Properties leased in a median of 28 days, consistent with recent trends and slightly quicker than a year ago.