Wanniassa has had a quite poor year for property investment returns compared to the rest of ACT, giving investors a capital gain of 1.80% to date .
Wanniassa,2903 was ranked 2606 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -2.67% to buyers in Wanniassa at the moment, which is less than average for the rest of ACT.
With the median price for a house in Wanniassa being $538000 and the advertised rent reaching $480 the gross rental yield for property investors calculates out to be 4.64%
If you compare the increase in value of investment property in Wanniassa, 2903 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this ACT suburb was 2.19%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wanniassa has increased when compared to the 5 year average annual rate.