Suburb Profile Report for Waramanga ACT (2611)

Waramanga House: Median price $585,000, Annual capital growth 4.23%, Number of sales 30, Weekly median advertised rent $480

Waramanga Unit: Median price $375,000, Annual capital growth 8.17%, Number of sales 11, Weekly median advertised rent $413

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

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

HOUSE UNIT
$585,000 $375,000
2.54% N/A
9.35% 4.90%
4.23% 8.17%
$480 $413
30 11
4.27% 5.72%
71.13 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 2596
Median household income ($/weekly) 1681
Median age of persons 39
Median housing loan repayment ($/monthly) 2000
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 309 11.9
    25-34 years 354 13.6
    35-44 years 440 16.9
    45-54 years 300 11.6
    55-64 years 296 11.4
    Others 898 34.6
    Age Group
    Census Count Percent(%)
    Registered Married 941 49.1
    Not Married 792 41.3
    Defacto Relationship 184 9.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1908 77.5
    Indonesia 29 1.2
    Papua New Guinea 28 1.1
    United Kingdom 135 5.5
    Other 130 5.3
    Others 233 9.5
    Country of Birth
    Census Count Percent(%)
    Christianity 1487 62.8
    Hinduism 26 1.1
    Islam 51 2.2
    Other Religious Groups 20 0.8
    No Religion 759 32.1
    Others 25 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 79 8.2
    $1,500-$1,999 121 12.6
    $2,000-$2,499 91 9.5
    $2,500-$2,999 127 13.3
    $3,000-$3,499 77 8.0
    Others 463 48.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 858 42.6
    Not in the labour force 654 32.4
    Employed, worked part-time 389 19.3
    Employed, away from work 77 3.8
    Unemployed, looking for work 38 1.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 187 14.1
    Professionals 411 31.0
    Technicians & trades workers 141 10.6
    Community & personal service workers 127 9.6
    Clerical & administrative workers 278 21.0
    Others 182 13.7
    Occupation
    Census Count Percent(%)
    Pre-school 27 4.5
    Infants/Primary 216 36.2
    Secondary 138 23.1
    Technical or Further Educational Institution 65 10.9
    University or other Tertiary Institutions 133 22.3
    Others 18 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2060 84.9
    Semi-detached, row or terrace house, townhouse 312 12.9
    Flat, unit or apartment 55 2.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 374 36.9
    Rented 335 33.1
    Fully owned 304 30.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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