22 Maltby Circuit, Wanniassa ACT 2903
22 Maltby Circuit, Wanniassa ACT 2903
4-bed family house | 4-car parking edge | established Wanniassa block | family-demand suburb | older-era build
This is a solid, family-oriented detached house sitting comfortably within Wanniassa’s established residential character. The four-bedroom, two-bathroom layout serves the suburb’s core buyer well, and the four-car parking provision is a genuine point of difference in an area where two-car homes are far more common. That extra parking flexibility adds practical appeal for households with multiple vehicles, a trailer or workshop needs, and it broadens the property’s appeal beyond standard family buyers to include those wanting more utility from a suburban block. The house is best suited to owner-occupiers seeking space, parking and a stable neighbourhood over something modern or turnkey. Its position within a mature, leafy suburb with schools and reserves nearby reinforces that family-first dynamic.
The older-era construction and finishes may affect how the property compares against more updated listings in the area. A buyer should weigh possible renovation costs, heating and cooling efficiency, and the condition of the roof, windows and kitchen when forming a price view. The generous block and parking layout might justify a premium over more conventional homes, but only where the house itself is structurally sound. Presentation and any recent upgrades would likely influence final value more than location alone, given the suburb’s consistent family demand.
Detailed Independent Property Report prepared by PropCred Analyst team for 22 Maltby Circuit, Wanniassa ACT 2903
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Wanniassa, in Tuggeranong, southern Canberra, is a family-dominated market positioned near South.Point Tuggeranong, Erindale, and local school catchments. Demand is driven by established households, many with mortgages, seeking access to these amenities. House prices are stable around $911,000 with 6.83% annual growth; units average $520,000 at 3.40% growth. Market conditions show steady turnover: 109 house sales in 12 months and a 36-day median listing period. Rental pressure is tight with only four vacancies last month, supporting gross yields of 4.13% for houses and 5.17% for units. Future growth is anchored by limited supply—three listings last month—and sustained owner-occupier interest, though affordability constraints and rate sensitivity remain key risks at these price levels.
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PropCred Estimated Value
Comparable Sales: 106 Maltby Circuit sold at $850,000 with a 928m² block | 14 Osmand Street asking above $1.1M on 977m² | Property Price Band: $900,000–$1,000,000 | Value Drivers: land size, parking capacity, condition and presentation
Bedrooms
4
Bathroom
2
Parking
-
Land
834m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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