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AREA REPORTS

Wanniassa

Suburb Profile

Wanniassa - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2903

house
unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $602,000.

The upward trend in home prices in WANNIASSA, 2903 averaged 3.42% per annum over a 3-year period.

Average weekly rents on listings have reached the $547.5 mark, reflecting a 4.73% increase in returns based on the current median price in WANNIASSA.

An average of 9 real estate transactions take place per month in WANNIASSA which translates to 108 per annum.

108 properties were sold in WANNIASSA in 2016, making it the 91st most active market in ACT based on total real estate transactions.

WANNIASSA, 2903 places 47th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $602,000 $440,000
GROWTH REPORT
Median Quarterly -0.17% 1.5%
Median 12 month 4.7% 4.76%
Median 3 years 10.26% 8.98%
Median 5 years 20.4% 10.28%
10 years average annual 2.76% 3.45%
Weekly media advert. rent $547.5 $440
Time on Market 46.7 days 0.0 days
Gross Rental Yield Percent 4.73% 5.2%
demographics (median values)
Total Population
7929
Weekly Household Income
1482
Household Size
2.70
demographics
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