Investment property in Belconnen has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -6.01%
Over the longer term, Belconnen has seen property prices show investors a -3.36% return over the last 3 years. This is worse than over the last 12 months
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.44% offered to property buyers. Sellers in Belconnen itself are offering an average vendor discount of -6.09% to real estate investors.
Residents and property investors in Belconnen have been waiting around 86.35 days to sell a property.
Property investors should expect to get $380 weekly from the median priced house in this suburb.