All About Wanniassa, Unincorporated ACT, ACT, 2903

Wanniassa, located in the Tuggeranong district of Canberra, ACT, presents a dynamic housing market characterized by a mix of established homes and modern developments. The suburb offers a range of housing options, from mid-century family homes to contemporary townhouses, catering to diverse preferences and budgets. Over recent years, the area has seen a steady increase in property values, driven by its appeal among families and young professionals seeking proximity to Canberra's city amenities while enjoying the serenity of suburban life. The housing market remains competitive, reflecting broader trends in the Canberra region, with demand being fueled by the quality of local schools, parks, and recreational facilities. Despite the rising prices, Wanniassa is often regarded as a relatively affordable option compared to some of Canberra’s inner suburbs, making it attractive for first-time homebuyers.

Living in Wanniassa affords residents a balanced lifestyle with the advantages of suburban tranquility and urban convenience. The area is dotted with parks and green spaces, such as Wanniassa Hills Nature Reserve, providing ample opportunities for outdoor activities and family picnics. Additionally, the Tuggeranong Hyperdome, a major shopping center, lies nearby, offering a variety of retail and dining options. Community spirit thrives in Wanniassa, with local events and markets fostering a sense of belonging among residents. Families particularly appreciate the suburb's well-regarded schools and community facilities, which contribute to a family-friendly atmosphere. The suburb's strategic location with easy access to main roads and public transport ensures that the rest of Canberra is just a short commute away, making it an ideal place for those who work in the city but prefer a quieter, suburban home life.

Wanniassa Real Estate Market Outlook

Thinking about buying in Wanniassa? Now could not be a better time, with 3607 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $813,000 with prices in this suburb ranging from $72,000 to $8,034,000. The aproximate distance to the coast is 103 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Wanniassa are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Wanniassa classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Wanniassa requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!