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Struggling to Break Into The Housing Market in Canberra, Then Look no Further

By George Southwell

First time homebuyers are struggling to break into the housing market now more than ever. And, as house prices continue to rise across Australia, it’s become an unrealistic goal for many. But this four bedroom property in Wanniassa could be your chance to finally purchase your first home. Wanniassa is a suburb in Canberra’s south, right near Tuggeranong. It’s an up and coming market that’s relatively untapped. The current owners purchased this home in 2019 and have spent the past three years renovating it. George Southwell from Ray White Rural Canberra/Yass said ”it’s the perfect opportunity for a first home buyer, small family or savvy investor. “All the hard work is done. The current owners have already poured blood, sweat and tears into this renovation so all you have to do is arrive and unpack,” he said.

Mr Southwell said there’s been increased interest in the Wanniassa area over the past two years especially with families. “Wanniassa has always been a bit of a hidden gem but that’s not going to last long. We have seen in recent times lots of young families looking for their next home in the area as they become priced out of suburbs closer to Civic,” he said. “The current owners are only leaving because they are transitioning to a more country lifestyle in nearby Yass.” To be presented at auction, interested parties are invited to contact George Southwell at Ray White Rural Canberra/Yass for further information and to arrange an inspection.

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