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Belconnen

Suburb Profile

Belconnen - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2617

unit

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.

Data report can be found below

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%
demographics (median values)
Total Population
3055
Weekly Household Income
1109
Household Size
1.90
demographics
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