Real Estate Belconnen ACT 2617

Real Estate Market: Is Belconnen ACT 2617 a Good Suburb to Buy Into?

Housing Market in Belconnen

Key Belconnen Metrics & Forecast to 2028

Sources: Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Australian Capital Territory	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$581	Top 49%	91% to Feb 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Belconnen

Belconnen Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, PLANNING ALERTS and Microburbs, 2002 - 2023

Belconnen

43.1%

Australian Capital Territory

37.7%

Compare
Suburbs

Field	Value	VS Australian Capital Territory	Trend
Development applications	77.2	Top 18%	to Jun 2025
Developments	2.5	Top 45%	Data for Jul 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Number of Subdivisions	2 lots	Bottom 17%	Data for Apr 2023
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	42	Top 1%	320% to Mar 2025

Housing Stock Quality in Belconnen

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL and Microburbs, 2006 - 2023

Field	Value	VS Australian Capital Territory	Trend
Houses	0.5%	Bottom 0%	89% to Jan 2021
Average bedrooms - all homes	1.9	Bottom 11%	Data for Jan 2021
NBN connection: fibreoptic cable to node	75.0%	Top 4%	Data for Jun 2023

Development Restrictions in Belconnen

Belconnen Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, ABS and Microburbs, 2011 - 2023

Belconnen

56.8%

Australian Capital Territory

52.2%

Compare
Suburbs

	Field	Value	VS Australian Capital Territory	Trend
	Total area	3.7 sq km	Bottom 34%	Data for Jan 2021
	Residential density	241 sqm per resident	Bottom 5%	Data for Jan 2021

Risk in Belconnen

Belconnen Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings and Microburbs, 2006 - 2023

Belconnen

68.0%

Australian Capital Territory

60.7%

Compare
Suburbs

Field	Value	VS Australian Capital Territory	Trend
% Owner Occupied	53.6%	Bottom 1%	3% to May 2023
% Rentals	46.4%	Top 1%	3% to May 2023
Housing Affordability Index	46	Top 18%	Data for Jun 2023
Median monthly mortgage	$1,960	Top 48%	26% to May 2023
Rent Affordability Index (Houses)	76	Bottom 38%	Data for Jun 2023
Rent Affordability Index (Units)	74	Bottom 39%	Data for Jun 2023
Mortgage as a percent of income	19.6%	Bottom 36%	21% to Jan 2021
Mortgaged Dwellings	32.6%	Bottom 32%	49% to May 2023

Housing Demand in Belconnen

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030

Belconnen

89.0%

Australian Capital Territory

81.7%

Compare
Suburbs

Field	Value	VS Australian Capital Territory	Trend
Future Population (SA2)	20900	Top 3%	143% to Dec 2060
Historical Population (SA3)	108000	Top 23%	25% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	467000	Top 1%	45% to Dec 2023
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Unit Market in Belconnen

Belconnen Unit Investor Report

Sample Graphic

Field	Value	VS Australian Capital Territory	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$551	Top 26%	77% to Mar 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	71.2%	Bottom 39%	28% to Feb 2025

LGA Details (1)

Headline	Place	Datetime
Local government area	Unincorporated ACT

Median House Rental Prices by Street (20)

Street	Date	Median rent (per week)
Fenwick Pl	06 Mar 2025	$580
Dodgshun Ct	06 Mar 2025	$575
Grazier Ln	06 Mar 2025	$580
Greene Pl	06 Mar 2025	$565
Beissel St	06 Mar 2025	$600

Percent of Renters by Street (48)

Percent of Renters	Street
44.3%	Buik Pl
44.2%	Allott Pl
100.0%	Amess Pl
61.9%	Cabena Ct
23.0%	Beissel St

Median Unit Sale Prices by Street (100)

Date	Median sale value	Street
10 May 2024	$562,500	Beissel St
10 May 2024	$454,500	Benjamin
10 May 2024	$408,000	College St
10 May 2024	$377,000	Disney Ct
10 May 2024	$755,000	Emu

Realtors (4)

Headline	Place	Datetime
Best Address Real Estate
Canberra Property Buyer Solutions	PO Box 3403
L.J. Hooker Belconnen	Shop 9 Lakeview Square 21 Benjamin Way
Ray White Belconnen	Shop 2 14 Wales St

Accommodation Options (4)

Turnover Rate by Street (45)

Turnover rate	Street	Turnover Label	Turnover Years	Year
123.6%	Chandler St	very high turnover	Every 8.1 years (very high turnover)	2025
109.7%	Grazier Ln	very high turnover	Every 9.1 years (very high turnover)	2025
46.7%	Renny Pl	very tightly held	Every 21.4 years (very tightly held)	2025
126.2%	Eastern Valley Way	very high turnover	Every 7.9 years (very high turnover)	2025
114.8%	Beissel St	very high turnover	Every 8.7 years (very high turnover)	2025

Planning Applications: Other (26)

Headline	Place	Date
PLANNING ACT 2023 - AMENDMENT TO APPROVED DA202342367-S205A. Amendment to the development application for installation of four illuminated wall signs located and affixed onto four exterior walls, including the replacement of one existing sign, installation of one new illuminated pylon sign at carpark entrance and associated works. - The amendment is to update visual graphics, reduce wall signage on the existing structure elevations to two, relocate pylon sign to the north west fencing on Coulter Drive and add additional signage to the existing pylon sign at Egan Court entrance. - ACT Planning & Land Authority 202342367	33 Egan Court, Belconnen, ACT	25 Jan 2025
PLANNING ACT 2023 - PROPOSAL FOR DWELLING ALTERATIONS AND ADDITIONS - Demolition of proposed garage roof, external wall and alterations and additions including first floor extension, replacement of existing window and associated works. - ACT Planning & Land Authority 202443645	Unit 44 - 11 Joy Cummings Place, Belconnen, ACT	19 Dec 2024
PLANNING ACT 2023 - PROPOSAL FOR MIXED USE COMMERCIAL AND RESIDENTIAL DEVELOPMENT, SUBDIVISON AND LEASE VARIATION - demolition of on-grade parking areas and removal of trees, construction of a mixed use development comprising of one 24 storey building and one 27 storey building with ground floor commercial tenancies, 407 residential units, 2 storey basement carparking, site services, waste management arrangements, access arrangements, off-site works, landscaping and associated works. SUBDIVISION to create one new block and LEASE VARIATION to permit multi unit housing and amend shop use on the proposed new block. - ACT Planning & Land Authority 202443439	40 Cameron Avenue, Belconnen, ACT	29 Nov 2024
PROPOSAL FOR A LEASE VARIATION - Variation to the Crown lease purpose clause to permit the following uses: commercial accommodation use LIMITED TO hotel and/or services apartments, community use LIMITED TO childcare, community activity centre, health facility, and/or hospital, drink establishment, indoor recreation facility, non-retail commercial use LIMITED TO office to a max GFA of 500 sqm per tenancy, residential use LIMITED TO multi-unit residential accommodation to a max of 300 dwellings, retirement village, supportive housing, and/or residential care accommodation, restaurant and shop. - ACT Planning & Land Authority 202342274	Ibbott Lane, Belconnen, ACT	03 Sep 2024
PROPOSAL FOR A LEASE VARIATION - Variation to the Crown lease purpose clause to permit the following uses: commercial accommodation use LIMITED TO hotel and/or services apartments, community use LIMITED TO childcare, community activity centre, health facility, and/or hospital, drink establishment, indoor recreation facility, non-retail commercial use LIMITED TO office to a max GFA of 500 sqm per tenancy, residential use LIMITED TO multi-unit residential accommodation to a max of 300 dwellings, retirement village, supportive housing, and/or residential care accommodation, restaurant and shop. - ACT Planning & Land Authority 202342274	Ibbott Lane, Belconnen, ACT	03 Sep 2024

Planning Applications: Dwellings (19)

Headline	Place	Date
PLANNING ACT 2023 - PROPOSAL FOR DWELLING ALTERATIONS AND ADDITIONS - Demolition of proposed garage roof, external wall and alterations and additions including first floor extension, replacement of existing window and associated works. - ACT Planning & Land Authority 202443645	Unit 44 - 11 Joy Cummings Place, Belconnen, ACT	19 Dec 2024
PLANNING ACT 2023 - PROPOSAL FOR MIXED USE COMMERCIAL AND RESIDENTIAL DEVELOPMENT, SUBDIVISON AND LEASE VARIATION - demolition of on-grade parking areas and removal of trees, construction of a mixed use development comprising of one 24 storey building and one 27 storey building with ground floor commercial tenancies, 407 residential units, 2 storey basement carparking, site services, waste management arrangements, access arrangements, off-site works, landscaping and associated works. SUBDIVISION to create one new block and LEASE VARIATION to permit multi unit housing and amend shop use on the proposed new block. - ACT Planning & Land Authority 202443439	40 Cameron Avenue, Belconnen, ACT	29 Nov 2024
PROPOSAL FOR A LEASE VARIATION - Variation to the Crown lease purpose clause to permit the following uses: commercial accommodation use LIMITED TO hotel and/or services apartments, community use LIMITED TO childcare, community activity centre, health facility, and/or hospital, drink establishment, indoor recreation facility, non-retail commercial use LIMITED TO office to a max GFA of 500 sqm per tenancy, residential use LIMITED TO multi-unit residential accommodation to a max of 300 dwellings, retirement village, supportive housing, and/or residential care accommodation, restaurant and shop. - ACT Planning & Land Authority 202342274	Ibbott Lane, Belconnen, ACT	03 Sep 2024
PLANNING ACT 2023 - PROPOSAL FOR ALTERATIONS AND ADDITIONS TO EXISTING COMMERCIAL BUILDING ¿ partial demolition of the existing commercial building, retaining wall and kerb, addition of a lift, lobby, car park line remarking and associated works. - ACT Planning & Land Authority 202443235	40 Cohen Street, Belconnen, ACT	18 Aug 2024
PLANNING ACT 2023 - PROPOSAL FOR ADDITIONS AND ALTERATIONS TO COMMERCIAL DEVELOPMENT - Demolition of existing fascia, alterations and additions to the existing commercial building including extension of existing awning, addition of aluminium screen and associated works. - ACT Planning & Land Authority 202443030	118 Emu Bank, Belconnen, ACT	28 Jul 2024

Planning Applications: Industrial (1)

Headline	Place	Date
PLANNING ACT 2023 - PROPOSAL FOR ALTERATIONS AND ADDITIONS TO INDUSTRIAL DEVELOPMENT - Partial demolition of the existing storage building and demolition of office space, caretaker residence and carparking, construction of new three storey storage building with ancillary office, carparking, driveway/verge works, utility servicing, tree removal, landscaping, signage and associated site works. - ACT Planning & Land Authority 202442894	86 Nettlefold Street, Belconnen, ACT	26 May 2024

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Unit 3, 31 Disney Ct	$419,000	3.0	1.0	1.0	16 Oct 2024	On Market
25 Greene Pl	$585,000	2.0	1.0	1.0	10 Oct 2024	On Market
25 Greene Pl	Price Withheld	2.0	1.0	1.0	10 Oct 2024	On Market
Unit 86, 39 Benjamin Way	Price Withheld	2.0	2.0	2.0	03 Oct 2024	On Market
7 Greene Pl	$605,000	2.0	2.0	1.0	30 Sep 2024	On Market

Businesses (20)

Name	Address
Canberra Granny Flat Builders and Fixed Price Extensions	6/80 Emu Bank, Belconnen ACT 2617, Australia
Bunnings Belconnen	15 Lathlain St, Belconnen ACT 2617, Australia
Premier Hotel & Apartments	110, Benjamin Way
Renfree Neil	76, Emu Bnk Belconnen Town Centre
L.J. Hooker Belconnen	Shop 9 Lakeview Square 21 Benjamin Way

Median House Sale Prices by Street (100)

Street	Date	Median sale value
Joy Cummings Pl	10 May 2024	$925,000
Crick Pl	10 May 2024	$710,000
Connelly Pl	10 May 2024	$705,500
Fenwick Pl	10 May 2024	$640,000
Grazier Ln	10 May 2024	$427,000

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 805, 2 Grazier Ln	$550	2.0	1.0	1.0	26 Feb 2025
Unit 805, 2 Grazier Ln	$550	2.0	1.0	1.0	26 Feb 2025
Unit 1803, 161 Emu Bank	$750	2.0	1.0	1.0	25 Feb 2025
Unit 1502, 1 Grazier Ln	$640	2.0	2.0	2.0	21 Feb 2025
Unit 1502, 1 Grazier Ln	$640	2.0	2.0	2.0	21 Feb 2025

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
81 Totterdell St	$710	3	2	2	20 Feb 2025
21 Greene Pl	$580	2	1	1	13 Feb 2025
21 Greene Pl	$580	2	1	1	13 Feb 2025
21 Greene Pl	$580	2	1	1	13 Feb 2025
Unit 1103, 3 Grazier Ln	$640	2	2	2	17 Jan 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Unit 64, 57 Benjamin Way	Price Withheld	2.0	2.0	2.0	03 Mar 2025	On Market
Unit 64, 57 Benjamin Way	$500,000	2.0	2.0	2.0	03 Mar 2025	On Market
Unit 805, 3 Grazier Ln	Price Withheld	2.0	2.0	2.0	28 Feb 2025	On Market
Unit 805, 3 Grazier Ln	Price Withheld	2.0	2.0	2.0	28 Feb 2025	On Market
Unit 1715, 2 Grazier Ln	$360,000	1.0	1.0	1.0	25 Feb 2025	On Market