Investment property in Dunlop has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.94%
If we look at median property appreciation over just the last three months, Dunlop has given property investors a paper return of 0.42%. This puts Suburb as 40 on a list of fastest fasting appreciating suburbs in ACT
The most recent median price for Dunlop is $590000, with sellers offering an average of -3.57% off the asking price.
Dunlop is 13th on a list of best yielding suburbs for rents in ACT with a 4.85% 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”.