Dunlop has had a pretty good year for property investment returns compared to the rest of ACT, giving investors a capital gain of 9.04% to date .
The five-year average increase in median property values for Dunlop,2615 has given property investors a potential capital gain of 36.06% across each of those five years.
At number 17th of ACT’s most discounted properties, Dunlop is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Dunlop is 28th on a list of best yielding suburbs for rents in ACT with a 4.23% return
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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”.