Over the last year, property investments in Belconnen, 2617 have given investors a capital gain of -3.66%. This compares badly with the 1.04% for ACT as a whole.
Belconnen,2617 has offered an average of -3.66% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -5.93% to buyers in Belconnen at the moment, which is less than average for the rest of ACT.
At number 815 in a list of fastest selling suburbs, Belconnen is just in the bottom half of suburbs in Australia with an average of days on market 76.23 for properties listed there.
Advertised rents are around the $380 mark per week – giving a return of 5.00% based on the median price in Suburb