WANNANUP MARKET SNAPSHOT – SEPTEMBER 2025

Wannanup saw a moderate lift in market activity during September, with more sales recorded and stable prices across houses, units, and land. Listings remained low, and rentals moved at a steady pace.

Sales
There were 14 residential sales recorded during the month, up slightly from August and 27.3 percent higher than the same time last year. The overall median dwelling price held steady at $850,000, with houses sitting at $840,000, units at $900,000, and land at $505,000.

Listings
There were 17 properties listed for sale at the end of September, slightly higher than August but still 5.6 percent lower than last year. Stock remains tight across all dwelling types, with houses and units in particularly short supply.

Land
Land sales held at 4 transactions for the month, with a median price of $505,000, up 33.1 percent over the year. Land sold quickly in a median of 22 days, showing ongoing demand for vacant blocks.

Sales Time on Market
Overall, homes sold in a median of 19 days, down 18 days from August. Houses took a median of 108 days, units 63 days, and land 22 days, though some outliers likely skewed the average for houses.

Rentals
Rental activity picked up with 4 leases signed in September, triple the activity from August. The median rent for houses was $620 per week, while units rose to $665 per week, both reflecting solid values in the current rental market.

Rental Time on Market
There were only 3 rental listings available at the end of September. Properties leased in a median of 30 days, which is consistent with last month and just slightly quicker than this time last year.