Pannawonica WA Property Investment
Ashburton · 6716 · Score: 52/100 · Hold
Pannawonica Short-Term Rental (Airbnb) Market
Pannawonica WA Investment Brief
HOLD — 0.7% gross yield on a $222,725 (pending peer validation) median.
THE MARKET
Pannawonica has compounded at 1.6%/yr over 5 years. Median sits in the $222,725 (pending peer validation) band today. Properties are sitting on market for 45 days (roughly balanced conditions).
- Median house: $222,725 (pending peer validation) | Units: $323,411
- Gross yield: 0.7% | Net yield: -0.8%
- 5yr price CAGR: 1.6%/yr | 3yr forecast: 1.8%/yr
- Population: 685 | Owner-occupier rate: 0% | Affluence: Average
- Supply pipeline: Moderate — Strong population growth likely attracting new development approvals
RENTAL SNAPSHOT
- Vacancy: 3.0% (stable) | Rental demand: Moderate
- Median weekly rent: $28/wk | Days on market: 45 (stable)
- Tenant market — vacancy elevated, negotiate hard on rent.
SHORT-TERM RENTAL
- Median nightly rate: $230/night | Occupancy: 28%
- Estimated annual STR gross: ~$23,773/yr
- vs long-term rent: $1,456/yr (+1533% STR premium — factor in higher management costs)
INFRASTRUCTURE & CATALYSTS
- No major confirmed infrastructure projects on record.
- Transport: Standard suburban transport access
BULL CASE
If Pannawonica maintains 8%+ annual growth and vacancy stays below 2.1%, median prices could reach $256,134 within 3 years with yields compressing slightly as capital values rise.
BEAR CASE
A market correction or interest rate shock could see prices in Pannawonica pull back 10-15% from $222,725, with vacancy rising to 5.0% and rental yields softening as tenants gain leverage.
KEY RISKS
- Distance from CBD may limit long-term capital growth potential
COMPARABLE MARKETS
- Kambalda East (WA): $209,982 median, 9.9% yield, 15.0% 1yr growth
- Morawa (WA): $190,000 median, 5.2% yield, 20.0% 1yr growth
- Leonora (WA): $221,049 median, 3.8% yield, 12.9% 1yr growth
THE PLAY
Pannawonica offers balanced fundamentals but does not present an urgent buying signal. The market is in a growth 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: $200,452 – $244,998
- 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.
Gentrification Index
Growth Forecast
low confidenceBasis: National long-run average (no local data)
- +Strong population growth (7.6%/yr) driving demand
- −Moderate supply pipeline (63 approvals)
Suburb Metric Thresholds
Macro Environment
Macro Indicators
Cash Rate
4.35%
▲ 0.25%Cash rate as at 2026-05-06 · Credit data 2026-04
Suburb Supply & Demand
Suburb Supply Pipeline — New Dwelling Approvals
2
2020
14
2021
10
2022
20
2023
17
2025
New dwelling approvals — higher numbers mean more future supply
Socio-Economic Profile
Source: ABS Census 2021SEIFA Index · Postcode 6716
Decile 6 of 10 — Average
Population
1,084
Education (IEO)
2/10
Econ. Resources (IER)
2/10
10-Year Investment Projection
Modelled on Pannawonica WA data — rent, capital growth, tax, and depreciation over 10 years.
Pre-filled: $28/wk median rent for Pannawonica. Capital growth and rent increase are editable assumptions.
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Analyse a Property →Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.