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Belconnen

Standing proudly at the southern edge of Lake Ginninderra,High Society is perfectly located between the University of Canberra to the east, and Westfield Belconnen to the west, with both just a short stroll away. As one of Canberra’s largest town centres Belconnen also provides easy access to the CBD and beyond, via major road and public transport networks. It’s already one of the most vibrant town centres in Canberra, and Belconnen continues to transform at breathtaking pace.

Starting Pirce               $374,900

Type                                  Apartment

Suitability                       New Investors

Asset Class                    Residential

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Annual Growth

from 3%

Average Yield

from 5.5%

Population Growth

up to 9.5%

Vacancy Rate

is 0.6%

Annual Growth
Annual growth is a measure of the price growth in median prices for the asset type we are recommending. For example, if we're recommending a house investment, we will use median house price growth adjusted for any anomolies in the data.
Annual Growth
Average Yield
Yield represents the total median rental income divided by the median asset price over the period. Our preference is to work with data across a large sample, to reduce any issues with one-off transactions which could skew the data.
Average Yield
Population Growth
Population growth is a great long term source for measuring long term demand. This isn't an instant measure, there are often lags with government population growth measurements. So we're really looking at the long term here and trying to find areas where population growth is greater then recent price growth.
Population Growth

House/Apartment Ratio

We look for apartments in areas where the price gap with houses is large. This is a long term strategy where we believe, apartments will rise in value and close the gap relative to houses. Areas where the house price to apartment ratio exceeds 150% are generally attractive for apartment investors. Wyndham Vale

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