Giving property investors a an unimpressive capital gain of -2.23% for the last year, Belconnen, 2617 is the 1292th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Belconnen,2617 has racked up an average of -2.23% over the period. This ranks it number 1380th in the whole country for real estate investors looking at median house price increases.
Belconnen2617 is located in ACT which offers an average discount of -4.07% to property investors. Belconnen itself is showing figures that indicate -6.10% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Belconnen the average time real estate has been on the market is 100.32 days.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 3.50%, investors should hope to achieve an overall return of 4.97%