123/39 Benjamin Way, Belconnen, ACT 2617 | Property Value & History | OnTheHouse
OFF MARKET

123/39 Benjamin Way
Belconnen ACT 2617

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 52m2
Land area: 3757m2
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Property Details for 123/39 Benjamin Way, Belconnen

123/39 Benjamin Way, Belconnen is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2013. The property has a land size of 3757m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last transferred in November 2020.

Building Type
Unit
Year Built
2013
Floor Size
52m2
Land Size
3757m2
Local Government
Belconnen
Lot/Plan
BELCONNEN: Block 1, Section 199, Unit 123

Last Listing description (January 2026)

Ideally located in the heart of Belconnen, this modern dual-key apartment presents an outstanding opportunity for investors seeking both immediate income and long-term growth. With one side currently leased at $480 per week, it offers instant returns, while the other residence is vacant and ready to lease or occupy giving you the freedom to tailor the property to your investment goals.

Each side features its own entrance, kitchen, bathroom, and living area, with a shared laundry connecting the two dwellings discreetly to maximise practicality and privacy. Whether youre looking to diversify your portfolio or create dual-income streams, this versatile layout delivers excellent value and flexibility.

Perfectly positioned within walking distance to Westfield Belconnen, Lake Ginninderra, transport options, cafs, and restaurants, this property sits in one of Canberras most consistently strong rental markets.

In Summary:
- Dual-key layout two fully self-contained apartments under one title
- One side leased at $480 per week, the other vacant and ready to occupy or rent. Potential for $1,000 + rent per week.
- Separate entrances, kitchens, bathrooms, and living areas
- Shared laundry servicing both residences
- Secure complex close to Westfield, Lake Ginninderra, cafs, and transport
- Excellent rental demand and long-term capital growth potential

Figure Summary (all approx.):
- Body Corporate $1973 p/q
- General Rates $457 p/q
- Land Tax $529 p/q

Private inspections available by appointment.
Please contact Will Peterson on 0477 733 593 to arrange a suitable time.

Property History for 123/39 Benjamin Way, Belconnen, ACT 2617

A timeline of how this property has performed in the market
Last Transferred
$572,000
30 Nov 2020
Listed for Rent
$370/w
31 Aug 2015
  • 16 Oct 2025
    Listed for Sale $649,000+
  • 23 Nov 2023
    Transferred
  • 30 Nov 2020
    Sold for $572,000
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About Belconnen 2617

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 2016 was 6657 people. By 2021 the population was 8502 showing a population growth of 27.7% 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 $1400 - $1799 per month on mortgage repayments. In general, people in Belconnen work in a professional occupation.In 2021, 32.50% of the homes in Belconnen were owner-occupied compared with 29.20% in 2016.

Belconnen has 6,085 properties. Over the last 5 years, Houses in Belconnen have seen a 2.03% increase in median value, while Units have seen a 22.03% increase. As at 31 December 2025:

  • The median value for Houses in Belconnen is $526,840 while the median value for Units is $499,574.
  • Houses have a median rent of $550 while Units have a median rent of $560.
There are currently 59 properties listed for sale, and 38 properties listed for rent in Belconnen on OnTheHouse. According to Cotality's data, 252 properties were sold in the past 12 months in Belconnen.

Suburb Insights for Belconnen 2617

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.