Over the last year, property investments in Wanniassa, 2903 have given investors a capital gain of 1.90%. This compares badly with the 4.86% for ACT as a whole.
Across a shorter period, Wanniassa, 2903 has seen a median price increase of -1.64% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Wanniassa is offering property investors an average of -4.38. This rate of discount on properties puts Suburb at number 45th in terms of most discounted suburbs in ACT
On average over the past year, suburb has had 8.83 sales per month, which equates to 106 per year.
Renters in Suburb are facing rents around $5640 per annum or $470 every week.
With a capital gain of 0.62% for the last 12 months, Wanniassa, 2903 has performed for property investments than its average annual 3.55% property growth over the last 5 years.
Across a shorter period, Wanniassa, 2903 has seen a median price increase of -0.61% over the last quarter.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 4.59%, without taking into account capital value appreciation, which has been averaging out at 3.55%.