If you compare the increase in value of investment property in Belconnen, 2617 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this ACT suburb was -5.35%.
Over the longer term, Belconnen has seen property prices show investors a -2.76% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Belconnen, 2617. Typically our figures indicate that -6.07% is being offered, which puts this ACT suburb at 424th most discounted overall in Australia.
At number 1062 in a list of fastest selling suburbs, Belconnen is in the bottom 30% of suburbs in Australia with an average of days on market 93.36 for properties listed there.
Renters in Suburb are facing rents around $4560 per annum or $380 every week.