Belconnen is a mid-sized suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2617). With a population of 8,502, the suburb has a young professional demographic with a median age of 30. Households earn a median income of $92K per year, with an average household size of 1.9 people. The most common occupations are professionals, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
Units have a median price of $495,000 (-2.4% YoY). The median weekly rent is $430 (Census 2021). This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $1,517.
Belconnen is served by 1 school, including 1 secondary. The average ICSEA score is 1066, which is above the national average of 1,000. Public transport access includes 3 rail stations, 34 bus stops. The crime rate in the Unincorporated ACT LGA is higher than average at 13,867 incidents per 100,000 population.
From an investment perspective, Belconnen offers a gross rental yield of 4.5%, rated as moderate yield. Property prices sit below the state median ($495K/$1.0M), suggesting a potential value opportunity. The price-to-income ratio of 5.4x is considered affordable. House prices have moved -2.4% year-on-year.
Belconnen is a mid-sized suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2617). With a population of 8,502, the suburb has a young professional demographic with a median age of 30. Households earn a median income of $92K per year, with an average household size of 1.9 people. The most common occupations are professionals, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
Units have a median price of $495,000 (-2.4% YoY). The median weekly rent is $430 (Census 2021). This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $1,517.
Belconnen is served by 1 school, including 1 secondary. The average ICSEA score is 1066, which is above the national average of 1,000. Public transport access includes 3 rail stations, 34 bus stops. The crime rate in the Unincorporated ACT LGA is higher than average at 13,867 incidents per 100,000 population.
From an investment perspective, Belconnen offers a gross rental yield of 4.5%, rated as moderate yield. Property prices sit below the state median ($495K/$1.0M), suggesting a potential value opportunity. The price-to-income ratio of 5.4x is considered affordable. House prices have moved -2.4% year-on-year.