Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Wonnerup are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Wonnerup provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Wonnerup requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
|92 LAYMAN RD, WONNERUP, WA, 6280||3||2||2||$1,490,000|
None within suburb boundary(While the above schools are located with the suburb of Wonnerup there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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