Barton

POSTAL CODE: ACT, 2600

UNIT

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $675,000.

Investors saw the median home price rise to $675,000.

The downward trend in home prices in BARTON, 2600 averaged -5.03% per annum over a 3-year period.

BARTON now ranks at the 50th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in BARTON are low, as opposed to average gains per annum over the past five years.

Real estate investors could earn a rental income of $610 based on current median home prices for the suburb.

It is expected for properties to spend some time on the market prior to a successful sale. In BARTON, homes and units usually stay on listing for an average of 60 days.

75 properties were sold in BARTON in 2016, making it the 5th most active market in ACT based on total real estate transactions.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	N/A	$675,000
Growth Report
Median Quarterly	N/A	-6.96%
Median 12 month	N/A	-1.46%
Median 3 years	N/A	-15.09%
Median 5 years	N/A	-1.1%
10 years average annual	N/A	4.33%
Weekly media advert. rent	N/A	$610
Time on Market	N/A	60 days
Gross Rental Yield Percent	N/A	4.7%

Demographics (Median Values)*

Total Population 7247

Weekly Household Income 2474

Household Size 2.30

Average Age 45

Monthly Loan Repayment 2600

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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