Over the last year, property investments in Wanniassa, 2903 have given investors a capital gain of 1.35%. This compares badly with the 4.46% for ACT as a whole.
While Wanniassa,2903 ranked number 79th in ACT for increase in median house value (annualised) increase, it is ranked 68th over the last 5 years.
Property buyers and investors in Wanniassa 2903 should be seeing an average reduction in asking price of around 0.00% . This means that Wanniassa is holding prices well when compared to other suburbs in ACT.
Using the current median advertised rental of $520 and the average annual increase in value of a median property of 3.35%, investors should hope to achieve an overall return of 4.66%
ACT has seen average median house prices change by 1.93% which means that Wanniassa, 2903 has done well for property investors by showing a capital gain of 16.48% over the last year
The five-year average increase in median property values for Wanniassa,2903 has given property investors a potential capital gain of 3.80% across each of those five years.
Wanniassa2903 is located in ACT which offers an average discount of -3.82% to property investors. Wanniassa itself is showing figures that indicate -2.97% is the average achievable by property buyers investing in the suburb.
Wanniassa, 2903’s gross rental yield is 4.82%