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.
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%