Bannister, WESTERN-AUSTRALIA Real Estate & Suburb Profile

About Bannister Real Estate

Bannister is a rural locality, predominately located within the Shire of Boddington in the Peel Region of Western Australia. A smaller part of the locality, located on the eastern side of the Albany Highway, is within the Shire of Wandering in the Wheatbelt region of the state. The locality is also home to the majority of the Boddington Gold Mine operations.
Bannister is on the traditional land of the Wiilman people of the Noongar nation.
The name Bannister was originally applied to another townsite between Williams and Narrogin, which was surveyed in 1844 but no subdivision was carried out and the reserve cancelled in 1910. The modern Bannister locality is named after the Bannister River.
The site of the original police station house and coach house on Albany Highway is now occupied by the Riverside Roadhouse, which is a stop on the Transwa bus services to Albany and Esperance.

Property Investment Potential

When analyzing the local real estate landscape, Bannister presents a dynamic opportunity. With median property prices sitting around $617,000 and delivering an average rental yield of 7.9%, the area caters nicely to both owner-occupiers and savvy investors. Properties typically spend an average of 21 days on the market, underscoring the consistent demand in this part of Western Australia. For accurate financial planning, check out our investment calculators to estimate your potential returns.