AREA REPORTS

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 decrease 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 1.62% growth over a ten-year period. It ranks 1345th 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 -4.25% for the past year, which is lower than average compared to its -6.01% growth within a five-year period.

With the median home price in BELCONNEN sitting at $383,000, and the average rent at $410, property owners could potentially earn a 5.57% 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 -4.25% 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 52nd.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price N/A $383,000
GROWTH REPORT
Median Quarterly N/A -0.52%
Median 12 month N/A -4.25%
Median 3 years N/A -7.71%
Median 5 years N/A -6.01%
10 years average annual N/A 1.62%
Weekly media advert. rent N/A $410
Time on Market N/A 87.3 days
Gross Rental Yield Percent N/A 5.57%
demographics (median values)
Total Population
3055
Weekly Household Income
1109
Household Size
1.90
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Property investor computing

How property investors can claim $9k in deductions

Claiming tax back can be a tricky minefield to navigate, but one depreciation specialist believes new property investments can hold almost $...

Digital house

The 6 trends evolving the future of housing revealed

The expectations of renters are set to evolve as urban residential design does. Here are what investors need to know about what’s in the p...

New South Wales map pin

Positive signs for Spring NSW market in new data

The warmer weather has driven Sydney vacancy rates down, new data from the Real Estate Institute of NSW reveals. ...

Investment journey

Buyer’s agent shares how his own investment journey began

After getting his tips as a buyer's agent, Smart Property Investment had a chat to Ben Handler about his personal property portfolio and hi...

Empty pocket

First-home buyers ‘hurt’ by tighter lending environment

While experts believe that most property investors will be fine as lending interventions are implemented, first-home buyers could be taking ...

Hand holding Australian dollars

Millions released to first home buyers through new scheme

Over 1,000 requests to access superannuation have been made to the Tax Office by first home buyers, under a scheme first introduced in last ...