Property investors who have had real estate in Wanniassa, 2903 should be ok with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.59%
When looking at the potential capital gains offered to property investors over the last 3 years, Wanniassa comes in at number 61th in ACT.
LACK OF BUYER INTEREST may well be the reason that Wanniassa is offering property investors an average of -3.63. This rate of discount on properties puts Suburb at number 28th in terms of most discounted suburbs in ACT
On average over the past year, suburb has had 9.25 sales per month, which equates to 111 per year.
Advertised rents are around the $490 mark per week – giving a return of 4.47% based on the median price in Suburb
If you compare the increase in value of investment property in Wanniassa, 2903 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this ACT suburb was 6.10%.
Wanniassa,2903 was ranked 418 in Australia by increase in median property value over the quarter.