Real Estate Wagin WA 6315

Real Estate Market: Is Wagin WA 6315 a Good Suburb to Buy Into?

Housing Market in Wagin

Key Wagin Metrics & Forecast to 2028

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Regional WA	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$383	Bottom 1%	155% to Mar 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Wagin

Wagin Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2002 - 2023

Wagin

59.2%

Regional WA

53.5%

Compare
Suburbs

Field	Value	VS Regional WA	Trend
Development applications	0	Bottom 38%	Data for Jun 2025
Developments	2.1	Bottom 45%	Data for Jul 2023
Housing Stock Quality Indicator	0.8	Top 28%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	12	Top 13%	1100% to Mar 2025

Housing Stock Quality in Wagin

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Regional WA	Trend
Houses	92.8%	Bottom 24%	0% to Jan 2021
Average bedrooms - all homes	2.1	Bottom 20%	8% to Jan 2021
NBN connection: fibreoptic cable to node	1.4%	Top 20%	Data for Jun 2023

Development Restrictions in Wagin

Wagin Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Wagin

26.6%

Regional WA

28.5%

Compare
Suburbs

	Field	Value	VS Regional WA	Trend
	Total area	64.0 sq km	Top 18%	Data for Jan 2021
	Residential density	7040 sqm per resident	Top 20%	Data for Jan 2021

Risk in Wagin

Wagin Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Wagin

40.5%

Regional WA

51.6%

Compare
Suburbs

Field	Value	VS Regional WA	Trend
% Owner Occupied	94.7%	Top 39%	1% to May 2023
% Rentals	5.3%	Bottom 39%	17% to May 2023
Housing Affordability Index	12	Bottom 1%	Data for Jun 2023
Median monthly mortgage	$998	Bottom 9%	4% to May 2023
Rent Affordability Index (Houses)	88	Top 4%	Data for Jun 2023
Rent Affordability Index (Units)	83	Top 9%	Data for Jun 2023
Mortgage as a percent of income	20.0%	Bottom 37%	22% to Jan 2021
Mortgaged Dwellings	32.3%	Bottom 32%	8% to May 2023

Housing Demand in Wagin

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030

Wagin

20.9%

Regional WA

40.5%

Compare
Suburbs

Field	Value	VS Regional WA	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	4490	Bottom 13%	10% to Dec 2031
Historical Population (SA3)	20100	Bottom 8%	4% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	1900	Bottom 19%	1% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium

Unit Market in Wagin

Wagin Unit Investor Report

Sample Graphic

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Regional WA	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$323	Bottom 6%	115% to Dec 2024
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	87.6%	Top 27%	49% to Dec 2024

Accommodation Options (8)

Median House Rental Prices by Street (1)

Level_0	Street	Date	Median rent (per week)
144736	Etelowie St	30 Mar 2025	$280

LGA Details (1)

Headline	Place	Datetime
Local government area	Wagin

Percent of Renters by Street (87)

Percent of Renters	Street
0.0%	Beaufort St
0.0%	Arnott St
0.0%	Arthur Rd
0.0%	Ballagin Rd
0.0%	Ballagin St

Turnover Rate by Street (75)

Turnover rate	Street	Turnover Label	Turnover Years	Year
108.0%	Tudor St	very high turnover	Every 9.3 years (very high turnover)	2025
70.4%	Ware St	average turnover	Every 14.2 years (average turnover)	2025
30.0%	Warwick St	very tightly held	Every 33.3 years (very tightly held)	2025
60.0%	Mitchell St	quite tightly held	Every 16.7 years (quite tightly held)	2025
89.7%	Ballagin St	high turnover	Every 11.2 years (high turnover)	2025

Median Unit Sale Prices by Street (33)

Date	Median sale value	Street
10 May 2024	$39,000	Nalder St
31 Jul 2024	288900.0	Tudor St
31 May 2024	287600.0	Tudor St
30 Jun 2024	288100.0	Tudor St
30 Jun 2024	288000.0	Tudor St

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
49 Omdurman St	Price Withheld	3.0	1.0		28 Feb 2025	On Market
49 Omdurman St	Price Withheld	3.0	1.0	2.0	28 Feb 2025	On Market
10 Upland St	Price Withheld	2.0	2.0	3.0	24 Feb 2025	On Market
3 Randall St	Price Withheld	3.0			17 Dec 2024	On Market
Lot 1 Rifle St	$455,000	5.0	2.0	3.0	12 Dec 2024	On Market

Median House Sale Prices by Street (100)

Street	Date	Median sale value
Upland St	10 May 2024	$214,500
Warwick St	10 May 2024	$244,000
Urban St	10 May 2024	$320,000
Trimdon St	10 May 2024	$205,000
Trenton St	10 May 2024	$325,000

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
6c Strickland St	Price Withheld	1.0	1.0	1.0	16 Nov 2021
6c Strickland St	Price Withheld	1.0	1.0	1.0	16 Nov 2021
6c Strickland St	Price Withheld	1.0	1.0	1.0	16 Nov 2021
6c Strickland St	Price Withheld	1.0	1.0	1.0	16 Nov 2021
6c Strickland St	Price Withheld	1.0	1.0	1.0	16 Nov 2021

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Lot 1 Rifle St	$455,000	5.0	2.0	3.0	12 Dec 2024	On Market
Lot 1 Rifle St	$455,000	5.0	2.0	3.0	12 Dec 2024	On Market
Lot 1 Rifle St	$455,000	5.0	2.0	3.0	12 Dec 2024	On Market
Lot 1 Rifle St	$455,000	5.0	2.0	3.0	12 Dec 2024	On Market
Lot 1 Rifle St	$455,000	5.0	2.0	3.0	12 Dec 2024	On Market

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Date
139 Tudor St	$230	3	1	31 Jan 2024
139 Tudor St	$230	3	1	31 Jan 2024
139 Tudor St	$230	3	1	31 Jan 2024
139 Tudor St	$230	3	1	31 Jan 2024
139 Tudor St	$230	3	1	31 Jan 2024