84/44 Macquarie Street, Barton ACT 2600
84/44 Macquarie Street, Barton ACT 2600
Top-floor north aspect | 121 sqm total with 30sqm balcony | two secure car spaces | EER 6.0 in central Barton
The propertyโs competitive edge lies in its top-floor positioning and north orientation, which together deliver superior light, privacy, and thermal performance – rare in a compact Barton apartment block. The 121 sqm total area, including a substantial balcony, effectively functions as a small house footprint, giving it a lifestyle advantage over typical two-bedroom units in the precinct. This configuration suits professional owner-occupiers seeking low-maintenance living within walking distance of the Parliamentary Triangle and Kingston Foreshore, and the dual parking spaces add practical appeal in a high-demand area where street parking is constrained.
The main risk is the $1,637 quarterly strata levy, which is above average for a two-bedroom unit and will compress net yield for investors – currently projected around 4.6 percent based on $765 per week rent. The 2021 purchase price suggests limited capital growth in the short term, though Bartonโs 13 percent median growth and low turnover signal steady demand. Buyers should negotiate on the asking price relative to the $661,000 estimated value, using the high strata costs as leverage. For an owner-occupier, this is a hold-and-enjoy property; for an investor, it works only if purchased below $720,000 to achieve a viable return.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Barton is a high-value, low-supply suburb dominated by young professional renters in apartments, indicating strong investor appeal. Demand is driven by this demographic seeking rental accommodation, with limited house sales creating a premium market. Recent performance shows robust house price growth contrasting with softer unit values, reflecting a bifurcated market. Future growth hinges on sustained demand from this core demographic, though key risks include high price points and sensitivity to broader economic conditions impacting the unit segment.