Free market report · Data to July 2026

Nannup property market

Nannup is one of the 453 council areas we track on the Momentum Dial, our property clock. This page is the plain-numbers read: where it sits in the cycle, who lives there, what's being built, and the suburbs inside it.

Nannup is home to 1,743 people. On the Buyers First Momentum Dial its house market currently reads Slowing. The number that matters most here: population is compounding at +2.4% a year. People arriving is the rawest form of housing demand. Here's the rest of the picture, in plain numbers.

Houses · cycle position

Slowing

The Nannup house market is still growing, but the pace has come off its fastest point. Slowing markets often keep rising for years, just less quickly.

0% to +11%

Modelled 12-month price range

0.0%

Modelled 12-month rent change

Units · cycle position

Not enough unit sales in Nannup for a reliable cycle reading. That's common outside the cities, and honest beats guessed.

At a glance · houses

$983,122

Typical house, August 2026

+4.6% a year since 2010

+7.9%

Growth a year, last 10 years

+13.1% a year over the last 5

$524

Rent a week

2.8% gross yield

6 of 15

Years prices fell since 2010

Worst: 2011, -5%

The clock measures growth momentum, not price. Peak means growing fastest, not about to fall. Cycle data and projections sourced from HtAG Analytics. See Nannup on the clock.

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Want all of this written up for Nannup?

The full report is this data as a written document, plus the current price, rent, yield and growth on one suburb inside Nannup, and the numbers that cut against the area. I write them by hand, so it comes from me rather than out of a system.

Leave your details and I'll get in touch about it myself, by email or phone, usually within one business day. It comes from dan@buyersfirstagency.com.au, and it lands in junk more often than it should, so check there if you don't see it. You'll also go on the Market Pulse mailing list, one email a month on where the market is actually heading. Unsubscribe whenever you like, and I never pass your details to anyone else.

The numbers, explained

Nannup in charts.

The typical house in Nannup went from $463,202 in 2010 to $983,122 in August 2026. That is +112% in total, +4.6% a year. It went backwards 3 years in a row at one point. Any market can have a bad year. The ones that stack them are the ones that hurt, and this is the number we weigh most.

Houses · price change each year · 2011 to 2026

Prices in Nannup fell in 6 of the last 15 years

Watch this
-4.8% '11 -0.9% '12 -0.5% '13 '14 -0.3% 2015 -0.6% '16 '17 -0.1% '18 '19 2020 '21 '22 '23 18.0% '24 2025 9.0% '26 ytd

+112%

Since 2010

+7.9%

Per year, last 10 years

6 of 15

Years going backwards

-4.8%

Worst year (2011)

What this shows. How much the typical house price in Nannup went up or down each year. Teal bars are up years, red bars are down years, and the faded bar is this year so far.

Why it matters. The size of a good year matters less than how many bad years there were and whether they came in a row. Boring? Absolutely. But the length of the down stretch is what decides whether you get out the other side. Typical price at December each year, data from HtAG Analytics.

You don't need to know property to read this. Every chart below opens with the point in one line, then says what it shows and why we care. Teal is a good sign, amber is okay, red means watch it.

The scorecard · 7 things we check

Nannup scores 23 out of 35. Solid.

Good sign
Cycle 3Down years 1Supply 5People 5Jobs 5Affordability 1Rentals 3 5 = best
Where it is in the cycle

prices are still rising but more slowly

Years prices fell since 2010

6 of 15 years

New homes being built

0.7 new homes approved per 100 that exist

People moving in

population growing 2.4% a year

Jobs

3.1% unemployed, Australia 4.2%

Can locals afford it

a house costs 14.6 years of a local household's income

Empty rentals

1.6% of rentals are empty, so about 2 in every 100

What this shows. Seven quick checks on Nannup, each scored out of five. Five is the reading we most want to see.

Why it matters. No single number tells you whether an area is a good buy. Together they show whether the pieces line up. These are bands, not rules: a council outside a band can still be the right buy for the right person, and one inside every band can still be wrong for you.

House prices since 2010 · Nannup vs the 5 most similar councils in WA

Nannup has outgrown similar councils over ten years

Good sign
$243k $487k $730k $974k Nannup $902k 20102012201420162018202020222024
NannupSimilar councils (middle of 5)

+13.1% vs +13.2%

A year, last 5 years

+7.9% vs +4.7%

A year, last 10 years

+5.2% vs +2.8%

A year, last 15 years

What this shows. The typical house price in Nannup every year, in teal, next to the middle of the five councils in WA closest to it in size and starting price: Chapman Valley, Beverley, Boddington, Wagin, Kojonup. The small "vs" number in each tile is those councils.

Why it matters. Beating its peers over a whole decade is worth more than any single hot year. It usually means something real is pulling people here.

Momentum · the last 36 months

Prices in Nannup are picking up speed right now

Good sign
$596k $802k $1.01m 0 7 sold September '23March '24September '24March '25September '25March '26
Last 3 months' priceLast 12 months' priceHouses sold each month

$978,289

3-month price, August 2026

+4.9%

3-month price vs 12-month price

27 vs 44

Houses sold, last 12 months vs the 12 before

What this shows. Two versions of the same price. The dotted teal line averages the last three months, so it reacts fast. The grey line averages the last twelve, so it moves slowly. The bars are how many houses sold each month.

Why it matters. The last three months are running ahead of the last twelve. That is what speeding up looks like before it shows in the yearly number.

New homes · approvals as a share of all the homes here

Not many new homes are being built in Nannup

Good sign
balanced · 1.5% to 3% a year above this, a lot of building 1% 2% 3% 4% 5% 1.6% FY24 · 13 approved 2.4% FY25 · 20 approved 0.7% FY26 · 6 approved · now

What this shows. For every 100 homes already in Nannup, how many new ones the council approved each year. The teal band is the range we call balanced.

Why it matters. Fewer new homes means the ones that exist stay in demand. It can also mean building here is hard or slow, which cuts the same way. The home count is the population divided by the average household size, so treat the rate as a guide rather than a census.

Affordability · house price in years of local household income

A house in Nannup costs 14.6 years of a local family's income

Watch this
expensive · over 8 years stretched · 6 to 8 years affordable · under 6 years 9.6 2016 9.4 2017 9.1 2018 8.9 2019 8.9 2020 9.6 2021 10.1 2022 10.8 2023 12.4 2024 13.8 2025 14.6 2026 so far

What this shows. Take the typical house price and divide it by what a typical household here earns in a year. A bar of 7 means seven years of the whole household's income buys one house.

Why it matters. Expensive for the people who live here. Prices at this level need outside buyers to keep moving, and outside buyers are the first to leave when things wobble. Income is the 2021 Census figure carried forward at 3.5% a year, so it is an estimate, not a measurement.

Rents · typical weekly house rent, last 36 months · and how many rentals sit empty

Rent in Nannup is $524 a week, up 8.5% in a year

Good sign
$366 $461 $555 $524 a week now September '23March '24September '24March '25September '25March '26

$524

A week, August 2026

+8.5%

Change in the last year

1.6%

Rentals sitting empty (balanced)

What this shows. What a typical house in Nannup rents for each week, month by month. The empty-rentals number is the share of rental homes with nobody in them: under 1.5% is tight, over 3% means tenants have plenty of choice.

Why it matters. Rents rising faster than inflation means more people want to live here than there are homes to rent. That pressure eventually shows up in prices.

Rental yield · a year of rent as a share of the price, Nannup vs similar councils

Rent covers 2.8% of the price each year in Nannup

2.3% 3.9% 5.6% 202120232025
NannupSimilar councils

What this shows. Yield is simple: a whole year of rent divided by the house price. A $500,000 house renting for $500 a week earns $26,000 a year, which is a 5.2% yield.

Why it matters. Lower than similar councils, which are around 3.8%. Prices have run ahead of rents, so you are paying more of the loan yourself while you wait for growth. We don't buy on yield alone and we never set a yield cut-off; it is one piece of the picture, next to growth.

The people

Who lives in Nannup.

The population has grown +2.4% a year over the last five years, which is quick by national standards. The growth is mostly people moving in from elsewhere in Australia, 113 of them on net over the last three years. Internal migration is the strongest kind of housing demand, because those people chose here on purpose. The median age is 56 and the median household brings in $1,094 a week (Census 2021). 77% of households own or are paying off their home. Owner-occupier markets like this tend to hold their nerve through the cycle, because nobody is forced to sell an address they live at.

Population · ABS estimates 2015 to 2025

Nannup is growing fast: 1,743 people, up +2.4% a year

Good sign
1,352 1,743 201520202025

1,743

People, 2025

+2.4% vs +1.5%

A year, last 5 years · typical WA council

+2.6%

A year, last 10 years

Why it matters. People arriving is the rawest form of housing demand. Every new household needs somewhere to live before anything else happens.

Where the growth came from · last 3 years

Most new residents chose Nannup on purpose: 113 moved in from elsewhere in Australia

Good sign
Births minus deaths
-3
Moved from elsewhere in Australia
+113
Moved from overseas
+31

Net change: +141 people over three years.

What this shows. Three ways a place gains or loses people: babies born minus people who died, people who moved here from another part of Australia, and people who arrived from overseas. Bars to the right add people, bars to the left take them away.

Why it matters. People who move here from another part of Australia are the strongest kind of demand. They compared it with somewhere else and picked here.

Age and households · Census 2021

Nannup is older than the typical WA council: median age 56 vs 42

Older
Median age 56 vs 42
People per household 2.1 vs 2.4

Nannup Typical WA council (middle of 103)

Why it matters. An older area leans on retirees and downsizers. Single-level homes near health services do best, and turnover tends to be lower.

Income and who owns the homes · Census 2021

Most homes in Nannup are owner-occupied: 77% own or are paying off, 19% rent

Owner market
Household income a week $1,094 -26% vs typical
Who lives in the homes 77% own · 19% rent

Own or paying off Renting Other

Why it matters. Owner-occupier markets hold their nerve through the cycle, because nobody is forced to sell the address they live at.

New supply

What's being approved to build.

6 dwellings were approved in FY26, 6 of them houses. Approvals have been roughly steady year to year.

Homes approved · ABS, by financial year

Not much new is being built in Nannup: 6 homes approved in FY26

Good sign
FY24
13
FY25
20
FY26
6

Houses Units, townhouses and other

6

Homes approved, FY26

100%

Of them houses

0.7%

New homes per 100 that exist

What this shows. How many new homes the council approved each financial year, split into houses and everything else. Approved is not built, but it is the earliest warning of supply on the way.

Why it matters. When little gets built, the homes already here do not have much competition. Good for prices, as long as people keep arriving.

Non-residential building approved · ABS

$541k of non-residential building was approved in Nannup in FY26

Okay
FY24
$854k
FY25
$823k
FY26
$541k

Government projects All non-residential

$541k

All sectors, FY26

$200k

Government, FY26

$334k

Schools and health, last 3 years

What this shows. The dollar value of shops, offices, schools, hospitals and other non-home buildings approved each year. The darker bar is the government's share.

Why it matters. Governments build where they expect people. Schools and hospitals are the most honest signal they give about where families are heading. For the named projects behind these numbers, ask for the full report.

Jobs

Who's working in Nannup.

Work here runs on agriculture (21% of jobs), ahead of manufacturing and health care and social assistance. Unemployment sits at 3.1%, comfortably under the national 4.2%.

Jobs · SALM, March 2026

929 residents of Nannup are in work

Okay

929

Residents in work

3.1% vs 4.2%

Unemployed · Australia

n/a

Jobs change, 5 years

Unemployment rate 3.1% vs 3.4% typical WA council

Nannup Australia

Why it matters. Employment is close to flat, so housing demand here leans on other drivers: lifestyle, retirees, or people commuting out.

Who employs people here · Census 2021

Agriculture is the biggest employer in Nannup, 21% of jobs

Advantage 6 of 10
Agriculture
21%
Manufacturing
12%
Health care and social assistance
10%
Hospitality
9%
Education and training
8%

What this shows. The five industries that employ the most residents, as a share of all jobs. The pill is the ABS advantage score: Nannup sits in decile 6 of 10 nationally, where 10 is the most advantaged.

Why it matters. One industry carrying a fifth or more of the jobs is a concentration risk. If it wobbles, the whole town feels it.

The outlook

Is Nannup worth buying into?

Put the drivers together and the case for Nannup is: a population that keeps growing, net internal migration in its favour, public building spend trending up. None of this guarantees anything. It tells you where to look harder, which is what a report like this is for.

Free · Written by hand · One per person

This page is the public data. The full report is that written up as a document, plus the current price, rent, yield and growth on one suburb inside Nannup. One per person.

Name, email and phone. I write these by hand, one per person, and the conversation afterwards is the only thing the report costs.

Leave your details and I'll get in touch about it myself, by email or phone, usually within one business day. It comes from dan@buyersfirstagency.com.au, and it lands in junk more often than it should, so check there if you don't see it. You'll also go on the Market Pulse mailing list, one email a month on where the market is actually heading. Unsubscribe whenever you like, and I never pass your details to anyone else.

Inside the LGA

The suburbs of Nannup.

Next step. See what's for sale in Nannup on realestate.com.au or Domain. Then send me the address before you make an offer. That is the part the data cannot do.

All 12 suburbs and localities in Nannup

Barrabup · Biddelia · Carlotta · Cundinup · Darradup · Donnelly River · East Nannup · Jalbarragup · Lake Jasper · Nannup · Peerabeelup · Scott River East

Free · Written by hand · One per person

Want the full workup on Nannup?

This page is the public data. The full report is the written workup: current price, rent, gross yield and vacancy, growth over 1, 3, 5 and 10 years, days on market and demand, and the supply coming down the pipe, for Nannup or any suburb in it. Same data we run for clients. I pull it and email it through, usually within a business day. One per person, no charge, and no 14-part email sequence afterwards. All I ask is that if it lands, you take the fifteen minute call at the end of it.

Name, email and phone. I write these by hand, one per person, and the conversation afterwards is the only thing the report costs.

Leave your details and I'll get in touch about it myself, by email or phone, usually within one business day. It comes from dan@buyersfirstagency.com.au, and it lands in junk more often than it should, so check there if you don't see it. You'll also go on the Market Pulse mailing list, one email a month on where the market is actually heading. Unsubscribe whenever you like, and I never pass your details to anyone else.

Keep comparing

Markets of a similar size in WA.

A council only makes sense in context. These are the WA markets closest to Nannup in population, each with its own written report.

General information only, not financial or investment advice. Cycle positions and projections are modelled LGA-level figures to July 2026, sourced from HtAG Analytics. Population and approvals are ABS estimates; employment is SALM smoothed data; income, age and tenure are Census 2021. None of it can see street quality, flood maps, zoning or the contract, which is where deals are actually won and lost. Get advice on your own situation before acting.

Data finds the area. It doesn't buy the house.

We narrow 15,000 suburbs to the top 5 for each client, then find the street and the property. If Nannup is on your list, that's a conversation worth having early.

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