Wanniassa ACT Property Investment

THE MARKET

Wanniassa recorded 5.4% annual price growth over the past 5 years — a $911,000 house bought in 2019 would be worth approximately $700,350 today. Properties are sitting on the market for 36 days (roughly balanced conditions).

- **Median house:** $911,000 | **Units:** $491,691 - **Gross yield:** 3.8% | **Net yield:** 2.3% - **Vacancy:** 2.2% (improving) | **Rental demand:** High - **5yr price growth:** 5.4%/yr | **3yr forecast:** 6.1%/yr - **Days on market:** 36 (stable)

STR potential: $170/night at 67% occupancy = ~$41,574/yr gross. That's a **19% premium** over long-term rent — but factor in higher management costs and council rules.

BULL CASE

If Wanniassa maintains 3%+ annual growth and vacancy stays below 1.5%, median prices could reach $1,047,650 within 3 years with yields compressing slightly as capital values rise.

Notable infrastructure: **Athllon Drive Duplication** (under construction). Plus 3 more projects in the pipeline.

BEAR CASE

A market correction or interest rate shock could see prices in Wanniassa pull back 10-15% from $911,000, with vacancy rising to 4.0% and rental yields softening as tenants gain leverage.

WHAT TO DO

Wanniassa presents a compelling investment opportunity. The combination of solid fundamentals and high rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 3.8% and prioritise properties with value-add potential. Consider timing entry around the current growth phase of the market cycle.

- Entry range: $819,900 – $1,002,100 - Minimum yield to target: 4.5% - Watch signal: vacancy dropping below 2% and days on market falling below 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.