Investment property in Wanniassa has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.44%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wanniassa has increased when compared to the 5 year average annual rate.
At number 15th of ACT’s most discounted properties, Wanniassa is in the middle of the state/territory when listing in order of most discounted to least.
Situated 13.80km from the CBD, Wanniassa is one of Unincorporated ACT localities in the postcode 2903.
Wanniassa has had a pretty good year for property investment returns compared to the rest of ACT, giving investors a capital gain of 4.88% to date .
Taking the average capital gain, or increase in median house value, Wanniassa,2903 has racked up an average of 4.88% over the period. This ranks it number 698th in the whole country for real estate investors looking at median house price increases.
Using the current median advertised rental of $440 and the average annual increase in value of a median property of 3.00%, investors should hope to achieve an overall return of 5.32%