Over the last year, property investments in Belconnen, 2617 have given investors a capital gain of 1.87%. This compares averagely with the -1.01% for ACT as a whole.
A 1.87% growth in median value for property investors in Belconnen,2617 puts this suburb at number 12th in terms of best performing suburbs in ACT
The most recent median price for Belconnen is $408500, with sellers offering an average of -6.51% off the asking price.
In the last year 213 properties changed hands in Belconnen, which puts it as the 2nd most active market in ACT when comparing the number of sales per suburb.
With the median price for a house in Belconnen being $408500 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 4.84%