Question 1

Is Wamboin a nice place to live?

Accepted Answer

Wamboin sits on the outskirts of Canberra as a rural-residential locality of large bush blocks, hobby farms and horse paddocks set among native eucalypt country. Properties are mostly acreage with a mix of older timber cottages and newer brick and contemporary homes, giving privacy and bushland outlooks. The area is reached by regional roads and unsealed local lanes and is valued for birdlife, walking opportunities and a quiet country atmosphere.

The community numbers 1,805 people, with a median age of 46 and a median household income of $3,461 a week, roughly $180,000 a year. Households are weighted towards couple families, and homes are overwhelmingly owner-occupied at about 94.0% owned while 6.0% are rented. Local civic assets include the Wamboin Community Hall and the Wamboin Crown Reserve. It tends to suit families and professionals seeking a quieter, semi-rural lifestyle while relying on nearby towns for shops and schools.

Question 2

Is it expensive to live in Wamboin?

Accepted Answer

If you're renting in Wamboin, the average house rent of $695 a week would take about 20.1% of a typical local household's weekly income at the last Census. On those figures, house rent represents a moderate share of local income, so for renters the cost sits around a fifth of what a typical household earned at the last Census.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Wamboin a good place to invest?

Accepted Answer

House values in Wamboin edged up 0.4% over the past 12 months, a slight increase in capital value. For someone weighing Wamboin as an investment, that change in house values is the capital-growth figure to note.

There isn't enough recent data to show how unit values or rents moved over the same period, so the 0.4% rise in house values is the only 12-month movement available to consider. Whether that slight lift fits your investment goals depends on your objectives and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	0.4%	N/A
Sold Past 3 months	2	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	$695	N/A
Change in rent Past 12 months	N/A	N/A

Get a property report and suburb profile for any property in Wamboin

Wamboin suburb profile

Wamboin property market performance

Wamboin demographics

Suburbs near Wamboin

Get a head start and compare top local agents in Wamboin

Not quite ready to sell?

Suburb and property report

Digital estimate for your property

Navigate the market