121/46 Macquarie Street, Barton ACT 2600

121/46 Macquarie Street, Barton ACT 2600
2-bed, 2-bath, 2-car configuration | Governor Place precinct | Modern 2018 build | Strong rental demand | Premium inner-south location This apartment holds a genuine edge in Barton, where two-car allocations are uncommon and most comparable stock offers only one. The extra parking, combined with a modern finish profile and secure basement storage, positions this as a higher-spec product than the typical investor-grade unit in the corridor. It suits executive owner-occupiers, public sector professionals, or downsizers who value walkability to Parliament House, Kingston, and Manuka while wanting contemporary amenity and low-maintenance living. The building’s resident facilities, including a village green and BBQ area, add everyday appeal without inflating body corporate expectations beyond what is standard for the precinct. Value may be shaped by floor level and aspect, which are not confirmed for this specific unit, and these factors typically influence price within the building. The 2-car allocation could support a premium over 1-car equivalents, but the exact margin depends on how the market weights parking against internal area and orientation. Rental evidence from similar units in the complex suggests consistent leasing demand, which may underpin investor interest, though yield calculations require confirmed purchase price and achievable rent. Proximity to major employment nodes and established lifestyle hubs should sustain long-term appeal. || Comparable Sales: 141/46 Macquarie Street sold in a similar 2-bed, 2-bath format; 164/46 Macquarie Street leased at $900/week | Property Price Band: $750K–$850K | Value Drivers: two-car parking, modern build quality, building amenities
Detailed Independent Property Report prepared  by PropCred Analyst team for 121/46 Macquarie Street, Barton ACT 2600
Checks found:
Value Risk ! 1
Liquidity Risk 2
Planning Risk ! 1
Income Risk ! 1
Execution Risk 2
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Market Insight

Barton is a compact inner-Canberra suburb defined by apartment living and a renter majority, with young single professionals aged 19–30 driving demand. Houses are scarce and expensive: the median hit $2.71 million after 30% growth in 12 months, but only four sales occurred. Units are the more liquid market, with 57 sales and a median of $670,821—down 11%—while other sources show 2.13% growth, highlighting volatile pricing. Unit rents hold at $600 weekly, producing a 4.73% gross yield versus 2.54% for houses. Limited listings, 18 in the past month, constrain turnover. Future growth rests on broader ACT demand shifting toward affordable units, though falling unit prices and stretched house affordability remain key risks.
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PropCred Estimated Value

Comparable Sales: 141/46 Macquarie Street sold in a similar 2-bed, 2-bath format; 164/46 Macquarie Street leased at $900/week | Property Price Band: $750K–$850K | Value Drivers: two-car parking, modern build quality, building amenities

Bedrooms

2

Bathroom

2

Parking

2

Land

1.35 acres

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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