April 06, 2016
The suburb of Wanneroo is 30km from the Perth CBD and started as an established township back in 1902. It is approximately 24 square kilometres in size and has 15 parks covering nearly 8% of its total area.
While once upon a time Wanneroo was at the outer reaches of suburbia, urban sprawl has progressed so much that there are now many well established suburbs further North. There is a great infrastructure surrounding the town, with a newly refurbished shopping centre, many places to eat, lots of community organisations and local schools and clubs.
January 2014 saw median sale prices at a high of $545,000, which stayed relatively steady throughout the year, before reaching $455,000 in January 2015 and then $450,000 in January 2016.
The numbers of houses sold per annum in Wanneroo hit a peak around 2012 – 2014, staying around the 230 – 250 mark, before lowering to 196 in 2015.
The recent upgrades to the main shopping and community district of Wanneroo are certainly making it a more attractive place to live, and we think it holds plenty of value for the future. Quite aside from that, it's a beautiful place to live, particularly if you can find a place close to Lake Joondalup.
To make an appointment to discuss purchasing property in this area, call Tim and the Team on 9309 4780!
This suburb profile has been created using information from one of the really useful reports produced by CoreLogic RP Data. To read more on how these different reports could be of benefit to you, and how Mortgage Choice in Kingsley can supply you with one free of charge, then check out this blog post or give us a call on 9309 4780.