Waramanga is an average performer in ACT when comparing median price capital growth over the last year. Waramanga gave property investors a average capital gain figure when compared to the rest of the state, with 4.45%.
Taking the average capital gain, or increase in median house value, Waramanga,2611 has racked up an average of 4.45% over the period. This ranks it number 1510th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Waramanga are currently offering property investors an average price cut of -1.82% below the asking price at the moment.
Situated 10.22km from the CBD, Waramanga is one of Unincorporated ACT localities in the postcode 2611.
Established in the 1960s and named after the Warumungu people, an Aboriginal tribe in Central Australia, this suburb is home to a relatively small population of around 2,700Full summary
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Affordable suburb enhanced by state growth
Median house price: $669,000
Stock on market: 0.0%
12-month growth: 17.3%
Established in the 1960s and named after the Warumungu people, an Aboriginal tribe in Central Australia, this suburb is home to a relatively small population of around 2,700.
Waramanga is one of the more affordable suburbs in the ACT, with a median house price of $677,000, after growth of 18.8% over the last 12 months. Situated 15 minutes’ drive from Canberra, the suburb is close to popular attractions such as the Royal Australian Mint, the National Zoo and Aquarium, the Museum of Australia and the National Library.
Surrounded by numerous nature reserves, such as Cooleman Ridge, Mount Taylor and Oakley Hill, as well as plenty of schools, colleges, churches, a hospital, a medical centre and a popular shopping mall, Waramanga is popular with families, and for those looking to rent, houses are more sought after than apartments.Close