Suburb Profile Report for Barton ACT (2600)

Barton Unit: Median price $479,950, Annual capital growth -0.54%, Number of sales 172, Weekly median advertised rent $550

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
  • Unit Report
  • Expert Report

ACT has seen average median house prices change by 0.86% which means that Barton, 2600 has done well for property investors by showing a capital gain of -12.72% over the last year

Across a shorter period, Barton, 2600 has seen a median price increase of -2.45% over the last quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Barton, 2600. Typically our figures indicate that -4.46% is being offered, which puts this ACT suburb at 1055th most discounted overall in Australia.

Often selling an investment property can take time, and in Barton the average time real estate has been on the market is 80.36 days.

Barton, 2600’s gross rental yield is 5.96%

Information supplied by:


November 2018

M
O

W
E
Apartments are seeing a steep drop in the suburb of Barton, with prices showing an almost-consistent drop since 2013Full summary

Units face a steep drop

Postcode: 2600

Median unit price: $492,000

Three-year growth: 6.7%

Rental yield: 5.8%

Apartments are seeing a steep drop in the suburb of Barton, with prices showing an almost-consistent drop since 2013.

The unit market reported negative growth of 10.7% in the 12 months to August 2018 – the biggest drop in the last five years. This has caused the median price to fall below $500,000. The rental market has faltered as well, with the average rental vacancy rate rising from 8% to 8.5% in the same period. The weekly rent rate comes in at $550 on average.

The suburb mainly contains government buildings and national institutions, drawing working professionals in the political sector. It is also home to theological education institute St Mark’s National Theological Centre, a branch of the School of Theology at Charles Sturt University, and to the Australian Centre for Christianity and Culture. Secular schools include Telopea Park School and Narrabundah College.

Close
Metrics i HOUSE UNIT
N/A $479,950
N/A -2.45%
N/A -12.72%
N/A -0.54%
N/A $550
N/A 172
N/A 5.96%
N/A 80.36

Source: CoreLogic

DSR Score for property investment : Below average (H), Good (U)
Find a mortgage broker in Barton ACT
Demographics
Total population 1186
Median household income ($/weekly) 2678
Median age of persons 38
Median housing loan repayment ($/monthly) 2769
Average household size 1.9
  • Census Count Percent(%)
    20-24 years 93 7.8
    25-34 years 317 26.8
    35-44 years 193 16.3
    45-54 years 165 13.9
    55-64 years 186 15.7
    Others 231 19.5
    Age Group
    Census Count Percent(%)
    Not Married 351 41.3
    Registered Married 341 40.1
    Defacto Relationship 158 18.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 751 72.6
    Lebanon 15 1.4
    United Kingdom 64 6.2
    United States of America 16 1.5
    Other 67 6.5
    Others 122 11.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 31 3.1
    Christianity 538 53.7
    Hinduism 10 1.0
    Islam 31 3.1
    No Religion 381 38.1
    Others 10 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 33 7.0
    $1,500-$1,999 57 12.1
    $2,500-$2,999 126 26.8
    $3,000-$3,499 60 12.8
    $4,000 or more 73 15.5
    Others 121 25.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 624 65.5
    Not in the labour force 154 16.2
    Employed, worked part-time 103 10.8
    Employed, away from work 45 4.7
    Unemployed, looking for work 27 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 166 21.5
    Professionals 349 45.2
    Technicians & trades workers 31 4.0
    Community & personal service workers 62 8.0
    Clerical & administrative workers 111 14.4
    Others 53 6.9
    Occupation
    Census Count Percent(%)
    Infants/Primary 28 11.2
    Secondary 39 15.7
    Technical or Further Educational Institution 17 6.8
    University or other Tertiary Institutions 133 53.4
    Other type of educational institution 22 8.8
    Others 10 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 721 75.3
    Separate house 189 19.7
    Semi-detached, row or terrace house, townhouse 48 5.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 249 49.5
    Being purchased 135 26.8
    Fully owned 119 23.7
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals