Powered by MOMENTUM MEDIA
AREA REPORTS

Wanniassa

Suburb Profile

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

house

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 $589,375.

The upward trend in home prices in WANNIASSA, 2903 averaged 3.73% per annum over a 3-year period.

Average weekly rents on listings have reached the $550 mark, reflecting a 4.85% increase in returns based on the current median price in WANNIASSA.

An average of 10 real estate transactions take place per month in WANNIASSA which translates to 120 per annum.

120 properties were sold in WANNIASSA in 2016, making it the 88th most active market in ACT based on total real estate transactions.

WANNIASSA, 2903 places 35th 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 $589,375 N/A
GROWTH REPORT
Median Quarterly 1.18% N/A
Median 12 month 1.62% N/A
Median 3 years 11.2% N/A
Median 5 years 18.71% N/A
10 years average annual 3.26% N/A
Weekly media advert. rent $550 N/A
Time on Market 45.0 days N/A
Gross Rental Yield Percent 4.85% N/A
demographics (median values)
Total Population
7929
Weekly Household Income
1482
Household Size
2.70
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Auction ban drives up withdrawal rates

Auction ban drives up withdrawal rates

The number of owners withdrawing their property from auction soared to 40 per cent last week, following the introduction of a ban on auction...

Grant Mifsud

‘Double trouble’: What the health crisis means for strata communities

As strata communities deal with a double dose of the coronavirus (COVID-19) pandemic impact, how can investors make sure to stay afloat in t...

Dan Creevey

COVID-19 could be a game changer for leases: expert

Amid uncertainties brought about by the ongoing health crisis, rental property owners are advised to be more cautious to avoid significant l...

Household wealth spikes

Household wealth spikes ahead of COVID-19 drag

Property prices grew over the last quarter of 2019, the latest ABS data reveals, spurring a record-high improvement in household wealth. ...

Industry reacts to straightforward rent pause

‘Overwhelmed and confused’: Industry reacts to ‘straightforward’ rent pause

States and territories will be placing a moratorium on evictions of persons as a result of financial distress very soon, but yesterday’s a...

housing

‘Sharp rebound’ expected for housing: La Trobe Financial

La Trobe Financial has announced it anticipates a “strong and sharp” rebound for the housing market, as well as for employment condition...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.