Suburb Profile Report for Wanniassa ACT (2903)

Wanniassa House: Median price $542,500, Annual capital growth 4.42%, Number of sales 109, Weekly median advertised rent $470

Wanniassa Unit: Median price $408,750, Annual capital growth 3.63%, Number of sales 11, Weekly median advertised rent $355

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

Source: CoreLogic

  • House Report
  • Unit Report

ACT has seen average median house prices change by 5.15% which means that Wanniassa, 2903 has done well for property investors by showing a capital gain of 1.71% over the last year

Over the longer term, Wanniassa has seen property prices show investors a 7.43% return over the last 3 years. This is worse than over the last 12 months

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Wanniassa, 2903. Typically our figures indicate that -2.53% is being offered, which puts this ACT suburb at 3661th most discounted overall in Australia.

Situated 13.66km from the CBD, Wanniassa is one of Unincorporated ACT localities in the postcode 2903.

Over the last year, property investments in Wanniassa, 2903 have given investors a capital gain of 0.93%. This compares averagely with the -0.94% for ACT as a whole.

If we look at median property appreciation over just the last three months, Wanniassa has given property investors a paper return of -0.30%. This puts Suburb as 41 on a list of fastest fasting appreciating suburbs in ACT

A $355 per week rent on the median house gives suburb investors a gross yield of circa 4.52%, without taking into account capital value appreciation, which has been averaging out at 3.63%.

Metrics i HOUSE UNIT
$542,500 $408,750
-0.46% -0.30%
1.71% 0.93%
4.42% 3.63%
$470 $355
109 11
4.51% 4.52%
59.45 N/A

Source: CoreLogic

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