Dunlop has had a pretty average year for property investment returns compared to the rest of ACT, giving investors a capital gain of 6.00% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Dunlop comes in at number 66th in ACT.
At number 48th of ACT’s most discounted properties, Dunlop is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Situated 13.43km from the CBD, Dunlop is one of Unincorporated ACT localities in the postcode 2615.
Over the last year, property investments in Dunlop, 2615 have given investors a capital gain of 4.89%. This compares favourably with the 3.57% for ACT as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Dunlop has increased when compared to the 5 year average annual rate.
Using the current median advertised rental of $440 and the average annual increase in value of a median property of 4.26%, investors should hope to achieve an overall return of 5.61%
A suburb of the Belconnen district of Canberra, Dunlop is located at the far north-west edge of Canberra, near the border with the state of New South Wales. It has home-protected parklands like the Dunlop Grasslands Nature Reserve, and several waterways, such as the West Belconnen Pond.Full summary
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Median unit price: $386,000
Stock on market: -38.5%
12-month growth: 7.22%
A suburb of the Belconnen district of Canberra, Dunlop is located at the far north-west edge of Canberra, near the border with the state of New South Wales. It has home-protected parklands like the Dunlop Grasslands Nature Reserve, and several waterways, such as the West Belconnen Pond.
Properties with views to these natural wonders attract a premium, and although the suburb is popular with families, there are no schools within Dunlop’s borders. In the nearby suburbs of Charnwood, Fraser and Macgregor, there are several public and independent schools. There are also eight childrens’ playgrounds and several walking and cycling paths.
Over the last 12 months the available stock on market has decreased considerably, which has driven price growth of more than 7%. Local agents point to Dunlop’s peace and quiet as the main drawcards for buyers and renters alike, particularly established families who are seeking affordable larger homes.Close