Suburb Profile Report for Wanniassa ACT (2903)

Wanniassa House: Median price $570,000, Annual capital growth 3.95%, Number of sales 111, Weekly median advertised rent $490

Wanniassa Unit: Median price $435,000, Annual capital growth 4.21%, Number of sales 13, Weekly median advertised rent N/A

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$570,000 $435,000
2.43% 3.57%
4.59% 6.10%
3.95% 4.21%
$490 N/A
111 13
4.47% N/A
66.04 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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Demographics
Total population 7786
Median household income ($/weekly) 1896
Median age of persons 37
Median housing loan repayment ($/monthly) 2000
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 950 12.2
    25-34 years 1033 13.3
    35-44 years 1023 13.1
    45-54 years 1134 14.6
    55-64 years 1202 15.4
    Others 2444 31.4
    Age Group
    Census Count Percent(%)
    Registered Married 2957 50.7
    Not Married 2305 39.5
    Defacto Relationship 570 9.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 5991 79.5
    Indonesia 70 0.9
    Papua New Guinea 96 1.3
    United Kingdom 411 5.5
    Other 314 4.2
    Others 656 8.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 128 1.8
    Christianity 4748 65.3
    Hinduism 56 0.8
    Islam 130 1.8
    No Religion 2153 29.6
    Others 58 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 366 14.3
    $2,000-$2,499 328 12.8
    $2,500-$2,999 316 12.3
    $3,000-$3,499 245 9.6
    $4,000 or more 204 8.0
    Others 1102 43.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2872 47.1
    Not in the labour force 1645 27.0
    Employed, worked part-time 1167 19.1
    Employed, away from work 277 4.5
    Unemployed, looking for work 134 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 585 13.6
    Professionals 1112 25.8
    Technicians & trades workers 500 11.6
    Community & personal service workers 439 10.2
    Clerical & administrative workers 855 19.8
    Others 824 19.1
    Occupation
    Census Count Percent(%)
    Pre-school 107 5.6
    Infants/Primary 585 30.8
    Secondary 562 29.6
    Technical or Further Educational Institution 202 10.6
    University or other Tertiary Institutions 375 19.7
    Others 69 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7013 93.9
    Semi-detached, row or terrace house, townhouse 258 3.5
    Flat, unit or apartment 190 2.5
    House or flat attached to a shop, office 4 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1181 42.5
    Fully owned 925 33.3
    Rented 666 24.0
    Other tenure type 6 0.2
    Tenure Type
Census 2011, ABS
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