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Suburb Insights · WA 6505

Wannamal, WA 6505 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Wannamal is a regional centre in Western Australia, Australia, with a population of approximately 134, making it a boutique locality. Located approximately 92 km from the Perth CBD, Wannamal is a regional area in Western Australia. The median household income is $88,816 per year.

Investment Score

41 / 100 Moderate

Household incomes in Wannamal sit in a comfortable mid-range for the Western Australia market. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Perth
Wannamal
Western Australia · 6505
92 km from Perth CBD
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Key Indicators

Postcode
6505

Official Australia Post postcode for Wannamal. A postcode may cover multiple suburbs.

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Population
134

Usual resident population at the most recent census.

Median weekly rent
$243/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$88,816/yr

Annual median household income (before tax) across all households.

Distance to CBD
92 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$2,000/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
74% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Wannamal is a smaller community of 134 — about 2% of the Western Australia suburb median (5,605) — so investors should factor in the narrower buyer pool and longer average time-on-market. Household income of $88,816/year is 11% below the Western Australia median of $99,736, typically translating into lower entry prices and a tenant base more sensitive to rent increases. Median rent of $243/week (~$1,053/month) covers only 53% of the median mortgage of $2,000/month — the remaining $947/month must be funded from other income, so this suburb tilts toward capital growth rather than yield. Wannamal is 92 km from Perth, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Wannamal vs Western Australia Median

How Wannamal stacks up against the median of all Western Australia suburbs in our dataset. Positive values mean Wannamal sits above the state median; negative means below.

MetricWannamalWA medianΔ vs state
Population1345,605-98%
Median household income$88,816/yr$99,736/yr-11%
Median rent (weekly)$243$350-31%
Median mortgage (monthly)$2,000$1,902+5%
Distance to CBD92 km20 km+360%
Separate houses74%79%-5pp

Investor Checklist

Pre-inspection briefing for Wannamal — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 134 means liquidity is thin and capital growth tends to lag the wider Western Australia market over full cycles.

Rental Yield

Weak cash flow: $243/week rent covers only 53% of the $2,000/month median mortgage — a $947/month gap that must be funded from other income. This suburb is a capital-growth play, not a yield play.

⚠️
Renovation / Flip

With 74% houses in a 134-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Wannamal property

Full Property Analysis

30-year projections for Wannamal

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Wannamal are modest for 2026 — incomes 11% below the WA median of $99,736 and a population of 134 suggest gains will lag headline metro markets. Rental coverage runs at ~53% of the typical mortgage ($1,053/month rent vs $2,000/month repayment), meaning investors will rely on capital growth rather than yield. The EquitySight investment score of 41/100 places Wannamal in the mid tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

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Frequently Asked Questions

Is Wannamal a good suburb for investment?

Wannamal scores 41/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 134, median household income of $88,816/year and median weekly rent of $243. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Wannamal?

The main demand drivers in Wannamal are a median household income of $88,816/year, a dwelling mix that is 74% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Wannamal?

Wannamal has a usual resident population of approximately 134, compared with a Western Australia suburb median of 5,605 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Wannamal from the Perth CBD?

Wannamal sits 92 km straight-line from the Perth CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Wannamal?

The most recent census recorded a median weekly rent of $243 in Wannamal, equating to approximately $12,636/year in gross rental income (state median $350/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Wannamal?

The median monthly mortgage repayment in Wannamal is $2,000, or approximately $24,000/year (vs $1,902/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Wannamal cash-flow positive for investors?

A median weekly rent of $243 works out to $1,053/month, covering 53% of the median mortgage repayment of $2,000/month. That leaves a $947/month shortfall (around $11,364/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Wannamal?

The main risks are a thin buyer pool (134 residents), interest-rate sensitivity on the $2,000 median mortgage, the broader Western Australia market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Wannamal profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

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Western Australia Property Resources