The Wannanup property market continued to sit above the $1 million mark in September, recording a median dwelling price of $1.09 million, up 24.1% over 12 months.
Four sales were recorded and 31 properties were listed for sale. The median selling period was 40 days.
The Wannanup land market recorded a median price of $550,000, while the Wannanup rental market recorded a median rent of $665 per week. Four properties were leased, with a median leasing period of 16 days.
What This Means
Sellers considering Wannanup real estate remain in a market where the median dwelling price exceeds $1 million, but the 40-day median selling period is worth noting. Buyers have more choice, while investors have a higher median rental benchmark and relatively short leasing period.
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