With a capital gain of 3.10% for the last 12 months, Belconnen, 2617 has performed for property investments than its average annual 3.40% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Belconnen comes in at number 52th in ACT.
Vendor discounting in Belconnen is giving property investors an average Vendor Discount of around -4.09%. This puts suburb at number 16th in ACT when ranking the most discounted suburbs.
On average over the past year, suburb has had 22.25 sales per month, which equates to 267 per year.
A $395 per week rent on the median house gives suburb investors a gross yield of circa 5.11%, without taking into account capital value appreciation, which has been averaging out at 3.40%.