Wanniassa Property Market & Buyers Agents 2026

The Wanniassa property market presents a compelling case for stability and family-oriented value within the broader Canberra landscape. With a median house price of $920,000, it remains a relatively accessible entry point for detached housing compared to Canberra's inner suburbs, attracting consistent demand from first-home buyers and young families. The market has demonstrated solid capital growth, with a 7.9% increase over the past year, building on a significant five-year growth trajectory of over 38%. This upward trend is underpinned by the suburb's fundamental appeal: generous block sizes, a family-friendly environment, and established amenities.

Supply in Wanniassa is relatively constrained, with limited new land releases and low levels of high-density development. This dynamic, coupled with a consistently high owner-occupier rate of over 77%, contributes to price stability and insulates the market from excessive volatility. Properties typically spend around 38 days on the market, indicating a well-balanced and active sales environment. For investors, the fundamentals are sound. Houses generate a rental yield of approximately 4.0%, supported by strong demand from families drawn to the area's schools and lifestyle. The unit market, while smaller, offers a more affordable entry point with a median price of $520,000, though it has experienced a recent contraction with a -6.9% change in the last year, suggesting a potential opportunity for counter-cyclical buyers. The suburb's infrastructure, including the Erindale Centre and direct bus routes to Woden and the CBD, anchors its long-term appeal and supports sustained demand.

Wanniassa is a well-established suburb in the Tuggeranong Valley, located approximately 15 kilometres south of Canberra's CBD. Gazetted in 1974, its design reflects a focus on community and outdoor living. The suburb is home to an impressive 24 parks, which cover nearly a quarter of its total area, providing ample space for recreation and leisure.

Education is a major drawcard, with a fantastic range of schooling options. These include Wanniassa Hills Primary School, St Anthony's Parish Primary School, and the comprehensive Wanniassa School, which uniquely caters for students from Preschool to Year 10 across separate junior and senior campuses. Trinity Christian School offers a private K-12 alternative. For senior secondary students, the highly-regarded Erindale College is located within the suburb.

Residents are well-serviced by two main shopping precincts. The Wanniassa Shops on Langdon Avenue features a Coles supermarket and local businesses, while the larger Erindale Centre on Comrie Street provides a Woolworths, cafes, restaurants, and the popular Erindale Vikings Club.

Public transport is convenient, with the Erindale Interchange acting as a hub for numerous ACTION bus routes. The Rapid Route R5 offers a direct and frequent service connecting Wanniassa to the Woden Town Centre and Civic, making the commute straightforward for professionals. Proximity to major roads like Athllon Drive and Sulwood Drive also ensures easy car access across Canberra.