Suburb Profile Report for Wanniassa ACT (2903)

Wanniassa House: Median price $548,500, Annual capital growth 4.28%, Number of sales 110, Weekly median advertised rent $480

Wanniassa Unit: Median price $407,500, Annual capital growth 3.93%, Number of sales 18, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Wanniassa, 2903 have given investors a capital gain of 1.11%. This compares very badly with the 7.20% for ACT as a whole.

Across a shorter period, Wanniassa, 2903 has seen a median price increase of 2.05% over the last quarter.

State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -3.89% offered to property buyers. Sellers in Wanniassa itself are offering an average vendor discount of -1.50% to real estate investors.

Residents and property investors in Wanniassa have been waiting around 57.89 days to sell a property.

With the median price for a house in Wanniassa being $548500 and the advertised rent reaching $480 the gross rental yield for property investors calculates out to be 4.55%

Wanniassa, 2903 ranked 46th in ACT when comparing growth in median property values or capital gain over the last 12 months. Wanniassa is one of 126 in our list for ACT

If we look at median property appreciation over just the last three months, Wanniassa has given property investors a paper return of -2.98%. This puts Suburb as 56 on a list of fastest fasting appreciating suburbs in ACT

Using the current median advertised rental of $360 and the average annual increase in value of a median property of 3.93%, investors should hope to achieve an overall return of 4.59%

Metrics i HOUSE UNIT
$548,500 $407,500
2.05% -2.98%
1.11% -0.85%
4.28% 3.93%
$480 $360
110 18
4.55% 4.59%
57.89 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
Find a mortgage broker in Wanniassa ACT
Demographics
Total population 7786
Median household income ($/weekly) 1896
Median age of persons 37
Median housing loan repayment ($/monthly) 2000
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 950 12.2
    25-34 years 1033 13.3
    35-44 years 1023 13.1
    45-54 years 1134 14.6
    55-64 years 1202 15.4
    Others 2444 31.4
    Age Group
    Census Count Percent(%)
    Registered Married 2957 50.7
    Not Married 2305 39.5
    Defacto Relationship 570 9.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 5991 79.5
    Indonesia 70 0.9
    Papua New Guinea 96 1.3
    United Kingdom 411 5.5
    Other 314 4.2
    Others 656 8.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 128 1.8
    Christianity 4748 65.3
    Hinduism 56 0.8
    Islam 130 1.8
    No Religion 2153 29.6
    Others 58 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 366 14.3
    $2,000-$2,499 328 12.8
    $2,500-$2,999 316 12.3
    $3,000-$3,499 245 9.6
    $4,000 or more 204 8.0
    Others 1102 43.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2872 47.1
    Not in the labour force 1645 27.0
    Employed, worked part-time 1167 19.1
    Employed, away from work 277 4.5
    Unemployed, looking for work 134 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 585 13.6
    Professionals 1112 25.8
    Technicians & trades workers 500 11.6
    Community & personal service workers 439 10.2
    Clerical & administrative workers 855 19.8
    Others 824 19.1
    Occupation
    Census Count Percent(%)
    Pre-school 107 5.6
    Infants/Primary 585 30.8
    Secondary 562 29.6
    Technical or Further Educational Institution 202 10.6
    University or other Tertiary Institutions 375 19.7
    Others 69 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7013 93.9
    Semi-detached, row or terrace house, townhouse 258 3.5
    Flat, unit or apartment 190 2.5
    House or flat attached to a shop, office 4 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1181 42.5
    Fully owned 925 33.3
    Rented 666 24.0
    Other tenure type 6 0.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals