Bruce is ACT's slowest apartment market: Investar

Bruce is ACT's slowest apartment market: Investar
Bruce is ACT's slowest apartment market: Investar

Bruce takes the spot as ACT's slowest selling suburb, according to Investar's latest report.

The property advisory firm says that a one bedroom unit in Bruce can take up to 337 days to sell with a median price of $299,000.

An example would be a one bedroom unit at 87/8 Baudinette Circuit (above) that was recently sold for $322,000.

Similarly a one bedroom unit at 66/8 Baudinette Circuit (below) was recently sold for $320,000.

Bruce is ACT's slowest apartment market: Investar

A three bedroom unit with a median price of $419,000 at Bruce takes second place on the list taking up to 309 days to sell.

Suburb   Type                        Beds   Days to sell    Median    Year growth

BRUCE    Unit & Studio           1        337               $299,000  -5.08%

BRUCE    Unit                        3        309               $419,000  -5.85%

BELCONNEN  Unit & Studio     1        296               $345,000  7.81%

BARTON   Unit                       2        258               $610,000  -3.03%

LYNEHAM Unit & Studio          1        254               $331,500  -7.92%

Tags: 
Property market ACT

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