Jerramungup WA Property Investment

Jerramungup has compounded at 1.0%/yr over 5 years. Median sits in the $287,905 (pending peer validation) band today. Properties are sitting on market for 45 days (roughly balanced conditions).

• Median house: $287,905 (pending peer validation) | Units: $0
• Gross yield: 2.9% | Net yield: 1.4%
• 5yr price CAGR: 1.0%/yr | 3yr forecast: 13.5%/yr
• Population: 353 | Owner-occupier rate: 48% | Affluence: Above Average

• Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline

• Vacancy: 3.0% (stable) | Rental demand: Moderate
• Median weekly rent: $160/wk | Days on market: 45 (stable)
• Tenant market — vacancy elevated, negotiate hard on rent.

• Median nightly rate: $245/night | Occupancy: 42%
• Estimated annual STR gross: ~$37,539/yr
• vs long-term rent: $8,320/yr (+351% STR premium — factor in higher management costs)

• No major confirmed infrastructure projects on record.
• Transport: Pingrup station 58.9km away

If Jerramungup maintains 3%+ annual growth and vacancy stays below 2.1%, median prices could reach $331,091 within 3 years with yields compressing slightly as capital values rise.

A market correction or interest rate shock could see prices in Jerramungup pull back 10-15% from $287,905, with vacancy rising to 5.0% and rental yields softening as tenants gain leverage.

• Distance from CBD may limit long-term capital growth potential

• Frankland River (WA): $342,634 median, 2.4% yield, 9.3% 1yr growth
• Kambalda East (WA): $209,982 median, 9.9% yield, 15.0% 1yr growth
• Useless Loop (WA): $322,000 median, 3.5% yield, 0.0% 1yr growth

Jerramungup offers balanced fundamentals but does not present an urgent buying signal. The market is in a recovery phase with moderate vacancy risk. Monitor vacancy trends and price movements over the next 6-12 months. Only enter if a property can be acquired at or below median pricing with yields exceeding 4.0%.

• Entry range: $259,114 – $316,696
• Minimum gross yield to target: 4.5%
• Watch signal: vacancy dropping below 2% and days on market falling below 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.