At number 784th in the list of Australian suburbs ordered by increase in median house value over the last year, Belconnen, 2617 is in the top half with a property value increase of 4.15% recorded in median house prices.
Belconnen,2617 has offered an average of 4.15% return per annum in house price rises to property investors over the last three years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.25% offered to property buyers. Sellers in Belconnen itself are offering an average vendor discount of -4.52% to real estate investors.
In the last year 288 properties changed hands in Belconnen, which puts it as the 2nd most active market in ACT when comparing the number of sales per suburb.
Belconnen, 2617’s gross rental yield is 5.04%