Suburb Profile Report for Wanniassa ACT (2903)

Wanniassa House: Median price $538,000, Annual capital growth 4.38%, Number of sales 113, Weekly median advertised rent $478

Wanniassa Unit: Median price $407,500, Annual capital growth 3.57%, Number of sales 10, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Wanniassa has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.36%

Across a shorter period, Wanniassa, 2903 has seen a median price increase of -0.09% over the last quarter.

Sellers are offering property buyers an average discount of -2.53% to buyers in Wanniassa at the moment, which is less than average for the rest of ACT.

A $477.5 per week rent on the median house gives suburb investors a gross yield of circa 4.62%, without taking into account capital value appreciation, which has been averaging out at 4.38%.

Over the last year, property investments in Wanniassa, 2903 have given investors a capital gain of -0.61%. This compares averagely with the 0.57% for ACT as a whole.

Wanniassa,2903 was ranked 1122 in Australia by increase in median property value over the quarter.

Wanniassa is 56th on a list of best yielding suburbs for rents in ACT with a 4.47% return

Metrics i HOUSE UNIT
$538,000 $407,500
-0.09% -0.61%
1.36% -0.61%
4.38% 3.57%
$478 $350
113 10
4.62% 4.47%
59.09 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Very good (U)
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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
Chart Table
Recent sales & rentals