Home owners push ahead with renovation work
Despite the coronavirus pandemic, home owners are pushing ahead with their renovation projects, according to new research. ...
Based on its average 5-year and quarterly capital gains BELCONNEN, 2617 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that the ACT suburb obtained a 0.42% growth over a ten-year period. It ranks 1360th on our list of suburbs that property investors should look into.
BELCONNEN, 2617 in ACT belongs to the local government area of Unincorporated ACT.
BELCONNEN, 2617 has a capital gain of 4.03% for the past year, which is higher than average compared to its -7.74% growth within a five-year period.
With the median home price in BELCONNEN sitting at $387,500, and the average rent at $440, property owners could potentially earn a 5.9% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BELCONNEN are high, as opposed to average gains per annum over the past five years.
A 4.03% increase in median property prices in BELCONNEN, 2617 has allowed this suburb to join the ranks of best performing suburbs in ACT, settling at number 24th.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | N/A | $387,500 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | 1.44% |
| Median 12 month | N/A | 4.03% |
| Median 3 years | N/A | -1.96% |
| Median 5 years | N/A | -7.74% |
| 10 years average annual | N/A | 0.42% |
| Weekly media advert. rent | N/A | $440 |
| Time on Market | N/A | 81.4 days |
| Gross Rental Yield Percent | N/A | 5.9% |
Despite the coronavirus pandemic, home owners are pushing ahead with their renovation projects, according to new research. ...
COVID-19 has changed the way Australians live, work and play, and the effects are set to stick with us for years to come. ...
As the world adapts to a “new normal” following the COVID-19 outbreak, find out how the Melbourne property market will fare in the comin...
In a positive sign for property markets, Australians are looking to cut their spending rather than sell investment properties to manage the ...
Melbourne’s property market is currently experiencing the largest decline out of Australia’s capitals with fears new lockdown laws could...
In good news for Perth investors, experts are predicting a “major blowout” for rent prices in the capital city once the ban on rental in...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
