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Weetangera suburb profile

Weetangera is a peaceful suburb located in the Belconnen district of Canberra, ACT, known for its leafy streets and family-friendly atmosphere. Situated approximately 10km northwest of Canberra's city centre, Weetangera offers a blend of suburban tranquility and urban convenience. The suburb is home to a mix of established homes and modern developments, with local amenities including schools, parks, and shopping centres nearby. Its proximity to the Belconnen Town Centre and excellent public transport links make Weetangera an attractive choice for families and professionals seeking a balanced lifestyle in the nation's capital.

Weetangera property market performance

Property growth-9.6%Past 12 months

Weetangera's property market has remained stable over the past 12 months, with no change in the median house value, maintaining at $1.17 million. The unit market remains inactive with no significant data available. Over the last three months, 20 houses have been sold, while units have seen minimal activity.

The market time for houses has been moderate, with a median of 47 days on the market. The unit sector has shown minimal movement, indicating a lack of demand or supply in this segment.

The rental market for houses in Weetangera has experienced some growth, with a 5.2% increase in average rent, now standing at $810 over the past year. The unit rental market has seen no changes, reflecting little to no activity.

HousesUnits
Median price
Past 3 months
$1.17MN/A
Change in value
Past 12 months
-5.4%N/A
Sold
Past 3 months
201
Median days on market
Past 12 months
47N/A
Average rent
Past 12 months
$810N/A
Change in rent
Past 12 months
5.2%N/A

5 year median price trend for houses and units

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Weetangera demographics

Weetangera, a suburb located in the Australian Capital Territory, offers a serene and family-friendly environment. With a population of 2,795, it is a close-knit community that enjoys the benefits of suburban living while being in proximity to Canberra's city center. The median age of 41 suggests a mature population, likely comprising established families and professionals who appreciate the suburb's peaceful ambiance and accessibility to urban amenities.

The suburb is characterized by a high percentage of couple families with children, accounting for 51.4% of the population, indicating a strong family presence. Additionally, 38.4% of households are couple families without children, reflecting a mix of young couples and empty nesters. The presence of one-parent families is relatively low at 9.4%, while other family types make up a mere 0.8%, highlighting the suburb's traditional family structure.

Property ownership in Weetangera is predominantly stable, with 47.1% of homes owned outright and 38.1% owned with a mortgage. This suggests a community with long-term residents who have invested in their homes. The rental market is minimal, with only 14.8% of properties being rented, which may appeal to those seeking a more permanent residence. The suburb's high median household income of $3,349 per week reflects the affluence and economic stability of its residents, making Weetangera an attractive option for families and professionals seeking a comfortable and secure lifestyle.

Weetangera infrastructure, key developments and investment opportunities

Weetangera benefits from its location within the broader Belconnen area, where ongoing renewal of commercial and civic precincts, including upgrades around the Belconnen Town Centre and employment hubs, supports local housing demand by improving access to jobs, retail and services.[5][8] The suburb’s established low-density character, tree-lined streets and proximity to nature reserves continue to be key drawcards for families and upsizers, reinforcing price resilience relative to some newer neighbouring areas.[8]

Local schools in and around Weetangera remain well regarded, which typically underpins strong demand from family buyers seeking stable catchments and access to education options.[8] Major arterial roads such as Belconnen Way and Coulter Drive provide efficient links to the city and other employment centres, but there are currently no widely publicised, suburb-specific infrastructure or planning changes that would materially alter connectivity, density or amenity in the near term.[5][8]

Weetangera rental market trends

In Weetangera, the rental market shows moderate growth, with house rents increasing 5.2% over the past year to $810 per week. There is no change in unit rent, remaining at $0, indicating minimal activity in that segment. The suburb’s appeal continues for house renters, with strong demand maintaining steady rental returns.

Suburbs near Weetangera

Some popular suburbs near Weetangera include:

How does Weetangera compare to nearby suburbs?

  • Median house prices: Weetangera’s median house price is 35.9% higher than Hawker’s.
  • House price growth: Over the past 12 months, house prices in Weetangera have grown 17.8% higher than in Hawker.
  • Unit price growth: Over the past 12 months, unit prices in Weetangera have grown 9.9% higher than in Macquarie.
  • Selling speed for houses: Properties in Weetangera are selling 14.5% faster than in Macquarie.
  • House price growth: Over the past 12 months, house prices in Weetangera have grown 20.6% higher than the average rate of growth across Canberra.
  • Unit price growth:Over the past 12 months, unit prices in Weetangera have grown 44.1% higher than the average rate of growth for units across Canberra.

Common questions about Weetangera

  • Is Weetangera a nice place to live?

    Weetangera is a charming suburb that offers a delightful blend of tranquility and convenience, making it a wonderful place to call home. Nestled in the Belconnen district, it is known for its leafy streets and serene atmosphere, providing a peaceful retreat from the hustle and bustle of city life. The suburb's strong community vibe is evident in its welcoming environment, where families can enjoy a safe and nurturing setting. With its proximity to Canberra's city centre, residents have easy access to a range of amenities, including shopping centres, cafes, and parks, ensuring that everything you need is within reach.

    Families will find Weetangera particularly appealing due to its excellent local schools and abundance of green spaces, perfect for outdoor activities and family outings. The suburb's established homes and modern developments offer a variety of housing options, catering to both young families and those looking to upsize. While Weetangera provides a serene lifestyle, it does come with a few trade-offs. The peaceful ambiance means that nightlife and entertainment options are limited, so those seeking a vibrant social scene might need to venture into the city for more excitement. Additionally, the suburb's desirability and established nature can result in higher property prices compared to some newer areas.

    Safety is generally not a concern in Weetangera, contributing to its appeal as a family-friendly suburb. The strong sense of community and stable property ownership create a secure and welcoming environment for residents. While the suburb may not offer the same level of urban excitement as inner-city areas, it more than compensates with its peaceful charm and convenient access to essential amenities. For those seeking a balanced lifestyle with a focus on family and community, Weetangera is a delightful choice.

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  • Is it expensive to live in Weetangera?

    Living in Weetangera can be quite costly, especially when it comes to housing. The median house price is around $1,169,000, which is on the higher end compared to other areas. If you're considering renting, the average rent for houses is about $810 per week. These figures suggest that a significant portion of one's income would need to be allocated towards housing expenses.

    When you compare these costs to the average weekly wage in the ACT, which is approximately $2,050, or about $107,000 annually, it becomes clear that living in Weetangera could be a financial stretch for many. The median total household income in Weetangera is $3,349 per week, which is above the ACT average, indicating that residents generally have a higher earning capacity. However, the high property prices and rental costs mean that even with a decent income, managing expenses could be challenging.

    Overall, while Weetangera offers a pleasant living environment with its proximity to Canberra and a strong sense of community, the cost of living, particularly in terms of housing, is relatively high. If you are thinking of living in Weetangera, it's important to consider your financial situation carefully to ensure it aligns with the expenses associated with residing in this suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Weetangera a good place to invest?

    Weetangera presents a unique investment opportunity, particularly for those seeking stable rental income. While the median house and unit values have remained steady over the past year, the suburb has experienced a notable 5.2% increase in house rents. This suggests a strong demand for rental properties, making it an appealing option for investors looking to capitalize on consistent rental returns.

    The suburb's stability in property values indicates a low-risk environment, which can be attractive for investors who prefer a more predictable market. Although there hasn't been a change in unit rents, the steady demand for housing suggests that Weetangera maintains a solid rental market. This stability, combined with the potential for rental income growth, makes Weetangera a viable choice for those interested in long-term investment strategies.

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Choose the right real estate agents in Weetangera

Currently, there are 17 real estate agents working in Weetangera—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 17 agents sold 61.3% of all properties in Weetangera over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Weetangera typically charge a commission of 2.06% to 2.55%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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