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%.