At number 1272th in the list of Australian suburbs ordered by increase in median house value over the last year, Belconnen, 2617 is in the BOTTOM 30% with a property value increase of -3.88% recorded in median house prices.
While Belconnen,2617 ranked number 33th in ACT for increase in median house value (annualised) increase, it is ranked 49th over the last 5 years.
Belconnen, 2617 is offering ACT ‘s 22th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this ACT.
Situated 6.19km from the CBD, Belconnen is one of Unincorporated ACT localities in the postcode 2617.
With the ACT’s continued rise in the national market, Belconnen has seen the average vacancy rate fall sharply from 3.1% to just 1.8%Full summary
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Occupancies increase in regional centre
Median unit price: $402,250
Vacancy rate: 1.8% (from 3.1%)
Three-year growth: -0.9%
With the ACT’s continued rise in the national market, Belconnen has seen the average vacancy rate fall sharply from 3.1% to just 1.8%.
Units are reasonably priced at a median of $402,250 – the suburb has only recently started seeing some growth again following a slight stumble in the past three years. Returns for investors are quite high at 5.2%, making it an attractive option given the suburb’s favourable location.
The suburb of Belconnen is a major centre for the Belconnen district, and is the site of many of the area’s top amenities, such as the Belconnen Town Centre and Lake Ginniderra. The former houses Westfield Belconnen, as well as several government offices. Lake Ginniderra College is situated on the south-eastern shore of the lake.Close