Top seven suburbs with the biggest price gap between top and bottom in ACT: Investar

Top seven suburbs with the biggest price gap between top and bottom in ACT: Investar
Top seven suburbs with the biggest price gap between top and bottom in ACT: Investar

Belconnen ranks amongst the ACT suburbs with the biggest gap between the top and bottom quarter sales, according to Investar.

It says that the difference between the bottom and top quarter is 149 percent with a gap difference of $127,000 when it comes to studio and one bedroom apartments.

Property Observer found examples at either end of the spectrum, ie at around $258,000 and at $385,000.

One was sold this January at 19b/9 Chandler Street (below) which was a studio apartment sold for $245,000.

Top seven suburbs with the biggest price gap between top and bottom in ACT: Investar

Another one was sold in July at 149/41 Chandler Street (below) for $365,000.

Top seven suburbs with the biggest price gap between top and bottom in ACT: Investar

There is also a big gap at Belconnen when it comes to two bedroom units. One was sold in August at 22/1 Buik Place (below)for $273,000.

Top seven suburbs with the biggest price gap between top and bottom in ACT: Investar

Another one was sold in April at 333/80 Chandler Street (below) for $460,000.

Top seven suburbs with the biggest price gap between top and bottom in ACT: Investar

Bonner takes the top spot with a gap difference of $347,000 which translates to 191 percent between $380,000 and $727,000 for four bedroom houses.

The list was produced using live on the market rental and sales listing data.

It identified listings with one or more keywords that would indicate an large gap between the top and bottom quarter based on the price during those time periods.

This data is designed to identify suburbs with the highest percentage of price difference based on the descriptions used by agents and vendors.

 

Suburb        Type  Beds Days to sell Median Price  Median Growth

1 BONNER  House    4        154         $600,000            4.34% 

2 KINGSTON  Unit    2        145         $530,000            6.21% 

3 BELCONNEN Unit  2        202          $430,000          16.21%

4 CANBERRA  Unit   1        248          $428,500            7.39% 

5 GRIFFITH  Unit     2       138           $410,000           -2.85% 

6 CANBERRA  Unit   2       214           $619,000            3.33% 

7 BELCONNEN Unit  1      296            $345,000            7.81%    

Tags: 
ACT Investar

Community Discussion

Be the first one to comment on this article
What would you like to say about this project?