Dunlop, 2615 ranked 74th in ACT when comparing growth in median property values or capital gain over the last 12 months. Dunlop is one of 126 in our list for ACT
If we look at median property appreciation over just the last three months, Dunlop has given property investors a paper return of -2.13%. This puts Suburb as 79 on a list of fastest fasting appreciating suburbs in ACT
At number 614 in a list of fastest selling suburbs, Dunlop is in the TOP 20% of suburbs in Australia with an average of days on market 45.49 for properties listed there.
A $527.5 per week rent on the median house gives suburb investors a gross yield of circa 4.77%, without taking into account capital value appreciation, which has been averaging out at 3.56%.
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Family suburb with plenty of appeal
Median house price: $600,000
Vacancy rate: 0.5%
Three-year growth: 25.5%
The suburb of Dunlop in the Belconnen district of Canberra is an established residential neighbourhood, popular with families who enjoy the relaxed atmosphere and tree-lined streets.
Local facilities and amenities include open parklands, Fraser Primary School, Charnwood-Dunlop Primary School and Dunlop Woolworths. Residents are also a short commute to Charnwood shops and Belconnen Town Centre, while being nearby to major bus routes – making this an ideal choice for landlords seeking long-term family renters.
A three or four-bedroom home is your best bet in this suburb, with three-bedders renting for $450-$500 per week, and 4-bedders achieving up to the $600 mark. The available rental stock in Dunlop at the moment is tight, and those homes that are listed for rent are snapped up swiftly – making this suburb “one to watch”.