Suburb Profile Report for Belconnen ACT (2617)

Belconnen Unit: Median price $399,900, Annual capital growth 3.74%, Number of sales 208, Weekly median advertised rent $380

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • Unit Report

ACT has seen average median house prices change by -0.95% which means that Belconnen, 2617 has not done well for property investors by showing a capital gain of -2.44% over the last year

If we look at median property appreciation over just the last three months, Belconnen has given property investors a paper return of -0.01%. This puts Suburb as 35 on a list of fastest fasting appreciating suburbs in ACT

Vendor discounting in Belconnen is giving property investors an average Vendor Discount of around -6.33%. This puts suburb at number 4th in ACT when ranking the most discounted suburbs.

On average over the past year, suburb has had 17.33 sales per month, which equates to 208 per year.

Using the current median advertised rental of $380 and the average annual increase in value of a median property of 3.74%, investors should hope to achieve an overall return of 4.94%

HOUSE UNIT
N/A $399,900
N/A -0.01%
N/A -2.44%
N/A 3.74%
N/A $380
N/A 208
N/A 4.94%
N/A 104.32

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 4437
Median household income ($/weekly) 1418
Median age of persons 29
Median housing loan repayment ($/monthly) 1985
Average household size 1.9
  • Census Count Percent(%)
    20-24 years 769 17.3
    25-34 years 1444 32.6
    35-44 years 524 11.8
    45-54 years 348 7.8
    55-64 years 258 5.8
    Others 1093 24.6
    Age Group
    Census Count Percent(%)
    Not Married 1701 53.6
    Registered Married 984 31.0
    Defacto Relationship 486 15.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2277 59.2
    Croatia 279 7.3
    Indonesia 169 4.4
    United Kingdom 138 3.6
    Other 401 10.4
    Others 581 15.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 180 4.9
    Christianity 1697 45.8
    Hinduism 158 4.3
    Islam 247 6.7
    No Religion 1363 36.8
    Others 58 1.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 173 9.7
    $1,250-$1,499 175 9.8
    $1,500-$1,999 298 16.8
    $2,000-$2,499 165 9.3
    $2,500-$2,999 201 11.3
    Others 767 43.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1700 48.1
    Not in the labour force 950 26.9
    Employed, worked part-time 580 16.4
    Unemployed, looking for work 161 4.6
    Employed, away from work 140 4.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 259 10.7
    Professionals 883 36.5
    Community & personal service workers 250 10.3
    Clerical & administrative workers 433 17.9
    Sales 207 8.6
    Others 388 16.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 94 8.6
    Secondary 70 6.4
    Technical or Further Educational Institution 142 13.0
    University or other Tertiary Institutions 711 65.1
    Other type of educational institution 49 4.5
    Others 26 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 1746 48.5
    Semi-detached, row or terrace house, townhouse 1660 46.1
    Separate house 192 5.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1166 61.9
    Being purchased 399 21.2
    Fully owned 249 13.2
    Other tenure type 69 3.7
    Tenure Type
Census 2011, ABS
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Recent sales & rentals