Suburb Profile Report for Wanniassa ACT (2903)

Wanniassa House: Median price $545,000, Annual capital growth 4.62%, Number of sales 93, Weekly median advertised rent $453

Wanniassa Unit: Median price $410,000, Annual capital growth 2.53%, Number of sales 15, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Wanniassa have tracked just higher than the ACT average of 5.72% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Wanniassa comes in at number 68th in ACT.

Wanniassa2903 is located in ACT which offers an average discount of -5.15% to property investors. Wanniassa itself is showing figures that indicate -2.98% is the average achievable by property buyers investing in the suburb.

In the last year 93 properties changed hands in Wanniassa, which puts it as the 8th most active market in ACT when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $5430 per annum or $452.5 every week.

Property investors who have had real estate in Wanniassa, 2903 should be ok with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.76%

The five-year average increase in median property values for Wanniassa,2903 has given property investors a potential capital gain of 8.18% across each of those five years.

A $360 per week rent on the median house gives suburb investors a gross yield of circa 4.57%, without taking into account capital value appreciation, which has been averaging out at 2.53%.

HOUSE UNIT
$545,000 $410,000
0.46% -0.24%
6.76% 2.76%
4.62% 2.53%
$453 $360
93 15
4.32% 4.57%
66.47 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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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
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Recent sales & rentals