This property is Off Market
With an average age of 36, households expect an average monthly mortgage payment of $1,954 or a weekly rent payment of $500. The average family earns a weekly income of $3,434 with a typical household size of 1.6 and a 98.85% employment rate.
Consistent high demand relative to supply is a key feature in Barton driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Barton are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Barton changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Barton we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Barton a better buying opportunity than it may have been in the past.
(Country of Birth not stated 11%)
Barton a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Australian Capital Territory State average 56 / 100
Income
57 / 100
56 / 100
Industry
17 / 100
28 / 100
Population
09 / 100
26 / 100
House Prices
85 / 100
72 / 100
Jobs
24 / 100
32 / 100
Incidents Trend State Average
Canberra Grammar School
Red Hill, ACT, 2603 Independent K-12
Forrest Primary School
Forrest, ACT, 2603 Independent K-6
St Edmund's College Canberra
Griffith, ACT, 2603 Independent 4-12
Canberra Girls Grammar School
Deakin, ACT, 2600 Independent K-12
Narrabundah Early Childhood School
Narrabundah, ACT, 2604 Independent K-2
Campbell Primary School
Campbell, ACT, 2612 Independent K-6
St Thomas More's Primary School
Campbell, ACT, 2612 Independent K-6
Yarralumla Primary School
Yarralumla, ACT, 2600 Independent K-6
Telopea Park School
Barton, ACT, 2600 Independent K-10
St Clare's College
Griffith, ACT, 2603 Independent 7-12
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz 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 Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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