Belconnen, ACT 2617: Suburb Profile & Property Report

Market Report

House report
Unit Report

Belconnen has 26 houses available for sale. The median property price for a house is currently $649,000 with annual capital growth of 9.63% . There were 28 house sales in the past 12 months. On average, houses spend 47 days on market.

If you're thinking about buying an investment property in Belconnen, consider that rental yields for houses are currently 4.75% with an average median rent of $550 weekly. Houses have seen 9.63% growth in the past quarter, and 9.63% growth in the past 12 months.

The size of Belconnen is approximately 4.4 square kilometres. It has 6 parks covering nearly 26.3% of total area. The population of Belconnen in 2011 was 4,437 people. By 2016 the population was 6,644 showing a population growth of 49.7% in the area during that time. The predominant age group in Belconnen is 20-29 years.

Households in Belconnen are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belconnen work in a professional occupation. In 2011, 33.8% of the homes in Belconnen were owner-occupied compared with 29.2% in 2016.

Belconnen has 302 units available for sale. The median property price for a unit is currently $480,000 with annual capital growth of 0.52% . There were 279 unit sales in the past 12 months. On average, units spend 46 days on market.

If you're thinking about buying an investment property in Belconnen, consider that rental yields for units are currently 5.79% with an average median rent of $542 weekly. Units have seen -3.03% growth in the past quarter, and 0.52% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$649,000	$480,000
Quarterly growth	+9.63%	-3.03%
12-month growth	+9.63%	+0.52%
Average annual growth	+10.16%	+4.78%
Weekly median rent	$550	$542
Gross rental yield	4.75%	5.79%
Number of Sales (12m)	28	279
Avg. Days on Market (12m)	47	46

Jump to Market Trends

Key Demographics	2011	2016
Total population	4,437	6,644
Population change (5y)	+45.09%	+49.70%
Median household income (p/w)	$1,420	$1,601
Household income change (5y)	+21.68%	+12.75%
Median age of persons	29	29

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Belconnen is $649,000 for houses and $480,000 for units.

The Median Growth in Belconnen over the past 12 months is 9.63% for houses and 0.52% for units.

Over the past 12 months there were 28 houses sold and 279 units sold in Belconnen. On average, houses spent 47 days on market and units spent 46 days on market.

In the past 12 months up to August 2024 there were 28 houses sold and 279 units sold in Belconnen. On average, houses spent 47 days on market and units spent 46 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Belconnen is $550 for houses and $542 for units.

The Rental Yield in Belconnen is 4.75% for houses and 5.79% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Belconnen was 6,644 in 2016, a +49.70% change compared to 2011.

The predominant age group in Belconnen is 20-29 years.

The population of Belconnen was 6,644 in 2016, a +49.70% change compared to 2011.

The predominant age group in Belconnen is 20-29 years.

Most of the population in Belconnen were born in Australia.

Most of the population in Belconnen report their religion as No Religion.

Most of the population in Belconnen report their income range as between $78,000 and $130,000 .

The median household income in Belconnen was $1,601 in 2016, a +12.75% change compared to 2011.

Most of the population in Belconnen report their income range as between $78,000 and $130,000 .

The median household income in Belconnen was $1,420 in 2011, a +21.68% change compared to 2006.

Most of the population in Belconnen work as Professional.

The chart below demonstrates the various levels of education in Belconnen.

Most of the population in Belconnen reached a qualification level of Bachelor.

2011 2016

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