Farrer, ACT 2607
Compare Part of Unincorporated ACT
11.00 km
Distance from Canberra CBD
14 k
Population
Median Sale Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $612,500 | 0.0% | $385,000 | $1,550,000 | 43 |
| 2010 | $725,000 | +15.5% | $280,000 | $1,545,000 | 30 |
| 2011 | $695,000 | -4.3% | $370,000 | $1,175,000 | 38 |
| 2012 | $632,500 | -9.9% | $298,000 | $2,800,000 | 42 |
| 2013 | $700,000 | +9.6% | $475,000 | $1,370,000 | 53 |
| 2014 | $600,000 | -16.7% | $457,500 | $1,400,000 | 25 |
| 2015 | $810,000 | +25.9% | $567,000 | $1,200,000 | 28 |
| 2016 | $775,000 | -4.5% | $577,000 | $1,310,000 | 42 |
| 2017 | $845,000 | +8.3% | $315,000 | $1,230,000 | 45 |
| 2018 | $925,000 | +8.6% | $580,000 | $1,490,000 | 29 |
| 2019 | $875,000 | -5.7% | $335,000 | $1,340,000 | 41 |
| 2020 | $930,000 | +5.9% | $537,000 | $1,417,000 | 46 |
| 2021 | $1,402,000 | +33.7% | $840,000 | $1,955,000 | 42 |
| 2022 | $1,270,000 | -10.4% | $910,000 | $2,200,000 | 35 |
| 2023 | $1,240,000 | -2.4% | $870,000 | $2,850,000 | 34 |
| 2024 | $1,300,000 | +4.6% | $790,000 | $2,875,013 | 37 |
Median Sale Price
$1.3M
Based on 37 recorded sales within the last 12 months
Updated on 22 Dec 2024
Suburb Growth
+4.6%
Current Median Price: $1,300,000
Previous Median Price: $1,240,000
Based on 71 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $585 | 0.0% | $400 | $875 | 7 |
| 2012 | $595 | +1.7% | $430 | $750 | 14 |
| 2013 | $540 | -10.2% | $260 | $865 | 14 |
| 2014 | $500 | -8.0% | $350 | $700 | 8 |
| 2015 | $550 | +9.1% | $420 | $750 | 22 |
| 2016 | $580 | +5.2% | $440 | $1,350 | 27 |
| 2017 | $550 | -5.5% | $450 | $950 | 23 |
| 2018 | $650 | +15.4% | $495 | $880 | 20 |
| 2019 | $750 | +13.3% | $490 | $1,300 | 25 |
| 2020 | $780 | +3.8% | $520 | $970 | 17 |
| 2021 | $740 | -5.4% | $470 | $1,400 | 31 |
| 2022 | $799 | +7.4% | $540 | $1,500 | 29 |
| 2023 | $760 | -5.1% | $570 | $950 | 40 |
| 2024 | $750 | -1.3% | $550 | $1,000 | 18 |
Median Rent Price
$750
per week
Based on 18 recorded rent within the last 12 months
Updated on 22 Dec 2024
Rent Price Growth
-1.3%
Current Median Rent: $750
Previous Median Rent: $760
Based on 58 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3%
Current Median Price: $1,300,000
Current Median rent: $750
Based on 55 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)
Auction Results For Farrer
Houses sold in Last 12 months ends 21 Dec 2024
$1.29M
Median Sale Price
66%
Clearance Rate
19/29
Sold/Reported
$1.44M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.4 M - $1.6 M | 1 | |
| $1.2 M - $1.4 M (Median Price Range) | 6 | |
| $1 M - $1.2 M | 3 | |
Similar Suburbs to Farrer 2607
Based on median house sale price sold in last 12 months
Schools closest to Farrer, ACT 2607
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Farrer Primary School | LAMBRIGG STREETFarrer 2607 | Primary | Government | 0.61 km |
| Torrens Primary School | RITCHIE STREETTorrens 2607 | Primary | Government | 1.07 km |
| Melrose High School | MARR STREETPearce 2607 | Secondary | Government | 1.69 km |
| Mawson Primary SchoolTop 20 | AINSWORTH STREETMawson 2607 | Primary | Government | 1.91 km |
| Wanniassa Hills Primary School | LANGDON AVENUEWanniassa 2903 | Primary | Government | 2.01 km |
| Canberra Christian SchoolTop 20 | AINSWORTH STREETMawson 2607 | Primary | Independent | 2.12 km |
| Sacred Heart Primary SchoolTop 20 | 29 MURPHY STREETPearce 2607 | Primary | Catholic | 1.83 km |
| Marist College CanberraTop 20 | MARR STREETPearce 2607 | Combined | Independent | 2.06 km |
| Wanniassa School | STERNBERG CRESCENTWanniassa 2903 | Combined | Government | 2.6 km |