At number 1141th in the list of Australian suburbs ordered by increase in median house value over the last year, Barton, 2600 is in the BOTTOM 40% with a property value increase of -2.97% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Barton comes in at number 20th in ACT.
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 -5.24% is being offered, which puts this ACT suburb at 811th most discounted overall in Australia.
Barton, 2600’s gross rental yield is 5.86%
Apartments are seeing a steep drop in the suburb of Barton, with prices showing an almost-consistent drop since 2013Full summary
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Units face a steep drop
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