All About Waramanga, Unincorporated ACT, ACT, 2611

Waramanga, located within the district of Weston Creek in the Australian Capital Territory (ACT), offers a distinctive suburban living experience with a blend of natural beauty and urban convenience. The housing market in Waramanga is characterized by its mix of older, established homes and modern developments, which cater to a variety of potential homeowners. The suburb is known for its leafy streets, spacious blocks, and well-maintained properties that attract families looking for a serene environment. Recently, the housing market in Waramanga has seen considerable interest due to its proximity to Canberra's city center and the desirable lifestyle it offers. Prices have been relatively stable, but like many parts of the Canberra region, demand has been on the rise, leading to competitive buying situations. The market's appeal is further enhanced by the suburb's access to quality amenities, schools, and public transport, making it a sought-after location for those seeking a balanced lifestyle.

Living in Waramanga offers residents a peaceful and community-oriented atmosphere with plenty of green spaces and parks for recreation, such as the popular Cooleman Ridge Nature Reserve. The suburb fosters a sense of community with local events and active neighborhood associations. Its convenient location provides easy access to the amenities of the larger Weston Creek area, including shopping centers, dining options, and healthcare facilities, which adds to the overall quality of life. Waramanga's residents enjoy a suburban lifestyle that does not sacrifice access to the bustling features of Canberra, thanks to efficient public transport links. The combination of tranquility, convenience, and a strong community feel makes Waramanga an attractive suburb for families, young professionals, and retirees alike, offering something for everyone seeking a harmonious blend of relaxation and accessibility.

Waramanga Real Estate Market Outlook

Thinking about buying in Waramanga? Now could not be a better time, with 1338 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $923,000 with prices in this suburb ranging from $100,000 to $2,724,000. The aproximate distance to the coast is 108 Km.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Waramanga are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Waramanga changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Waramanga to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Waramanga we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Waramanga a better buying opportunity than it may have been in the past.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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