Property value increases in Waramanga have tracked just higher than the ACT average of 5.72% over the last 12 months.
If we look at median property appreciation over just the last three months, Waramanga has given property investors a paper return of 2.54%. This puts Suburb as 22 on a list of fastest fasting appreciating suburbs in ACT
LACK OF BUYER INTEREST may well be the reason that Waramanga is offering property investors an average of -5.15. This rate of discount on properties puts Suburb at number 18th in terms of most discounted suburbs in ACT
In the last year 30 properties changed hands in Waramanga, which puts it as the 63th most active market in ACT when comparing the number of sales per suburb.
Advertised rents are around the $480 mark per week – giving a return of 4.27% based on the median price in Suburb
Waramanga is in the TOP 30% in ACT when comparing median price capital growth over the last year. Waramanga gave property investors a good capital gain figure when compared to the rest of the state, with 4.90%.
Waramanga is 8th on a list of best yielding suburbs for rents in ACT with a 5.72% return