Giving property investors a an average capital gain of 4.41% for the last year, Waramanga, 2611 is the 2276th highest performer in Australia in this respect.
A 30.76% growth in median value for property investors in Waramanga,2611 puts this suburb at number 67th in terms of best performing suburbs in ACT
The ACT suburb of Waramanga, 2611 is in the Unincorporated ACT local government area.
Information supplied by:
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.