59/101 Hennessy St, Belconnen is a 1 bedroom, 1 bathroom Unit and was built in 2010. The property has a land size of 2704m2 and floor size of 30m2. While the property is not currently for sale or for rent, it was last sold in May 2019.
Whether you are an experienced investor or looking for your first investment opportunity, this studio will yield fantastic returns for many years to come. Currently renting at $318 per week within the UniGardens complex and with the convenience of on-site management to take care of your investment you can sit back and relax.
Catering to Canberra's growing student community the complex provides accommodation to students enrolled in a tertiary course of study. Students will appreciate the short walk to UC campus or a quick bus ride from the front door to ANU campus. Also, close proximity to Westfield Shopping Centre, Belconnen Fresh Food Market and Bus Interchange makes the location highly desirable to prospective tenants. Onsite facilities also include a study room, billiard room and gymnasium.
With low over heads (see below) this investment will be hassle free, secure and reliable.
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 20.59% increase in median value, while Units have seen a 22.44% increase. As at 31 January 2026:
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