All About Wanerie, Gingin, WA, 6503

Wanerie, located in the Shire of Gingin in Western Australia, offers a unique and serene housing market distinct from the bustling metropolitan areas. The market here is characterized by its rural charm and spacious properties, often appealing to those seeking a quieter lifestyle or hobby farmers looking for larger plots of land. Housing prices in Wanerie tend to be more affordable compared to urban counterparts, making it an attractive option for families and individuals eager to escape the high prices and fast pace of city life. The real estate offerings mainly consist of country-style homes shaded by natural greenery and hectares of undisturbed land, providing ample space for gardening or setting up small agriculture-based ventures.

Living in Wanerie is ideal for those who appreciate a strong sense of community and a slower, more relaxed pace of life. The area is known for its beautiful natural surroundings, including nearby nature reserves and parks, which provide plenty of opportunities for outdoor activities like hiking and bird watching. Residents often enjoy a lifestyle that blends modern conveniences with the perks of rural living, such as local farmer's markets and community events that foster a close-knit environment. The nearby town of Gingin offers essential services, schools, and shopping facilities, ensuring that you don’t feel isolated despite the rural setting. Overall, Wanerie is perfect for individuals or families seeking tranquility, community, and connection to nature.

Wanerie Real Estate Market Outlook

Thinking about buying in Wanerie? Now could not be a better time, with just 123 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,655,000 with prices in this suburb ranging from $473,000 to $7,273,000. The aproximate distance to the coast is 10 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Wanerie due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Wanerie leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Wanerie necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

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