Farrer, ACT 2607
Compare Part of Unincorporated ACT
11.00 km
Distance from Canberra CBD
14 k
Population
Auction Times
Wed 21 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 27 Steinwedel Street 4 2 2 House | 6:00 PM Wed 21st Apr | Carter and Co Agents |
Sat 1 May | Auction Time | Agency | |
|---|---|---|---|
 | 10A Woodgate Street 5 3 2 House | 9:30 AM Sat 1st May | Peter Blackshaw Manuka |
 | 3 Steinwedel Street 5 3 2 House | 1:00 PM Sat 1st May | Peter Blackshaw Woden & Weston Creek |
Median Sale Price
House
$940K
Updated on Feb 2021
2 BR - | 3 BR $885K | 4 BR $969K |
Unit
$330K
Updated on Feb 2021
1 BR - | 2 BR $300K | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $610,000 | 0.0% | $385,000 | $975,000 | 43 |
| 2010 | $725,000 | +15.9% | $280,000 | $1,350,000 | 30 |
| 2011 | $695,000 | -4.3% | $370,000 | $1,175,000 | 38 |
| 2012 | $610,000 | -13.9% | $298,000 | $1,410,000 | 42 |
| 2013 | $700,000 | +12.9% | $475,000 | $1,057,000 | 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 | $840,000 | -10.1% | $335,000 | $1,260,000 | 40 |
| 2020 | $930,000 | +9.7% | $537,000 | $1,417,000 | 44 |
| 2021 | $1,410,000 | +34.0% | $840,000 | $1,545,000 | 10 |
Median Sale Price
$995K
Based on 42 recorded sales within the last 12 months
Updated on 19 Apr 2021
Suburb Growth
+15.6%
Current Median Price: $995,000
Previous Median Price: $840,000
Based on 83 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2021)
Price Range Segments (12 months ending Mar 2021)
Median Weekly Rent Price
House
$675
Updated on Mar 2021
2 BR $350 | 3 BR $543 | 4 BR $720 |
Unit
$393
Updated on Mar 2021
1 BR $370 | 2 BR $393 | 3 BR $460 |
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 | $575 | +4.3% | $440 | $1,350 | 27 |
| 2017 | $550 | -4.5% | $450 | $950 | 23 |
| 2018 | $650 | +15.4% | $495 | $850 | 20 |
| 2019 | $750 | +13.3% | $490 | $1,300 | 25 |
| 2020 | $800 | +6.3% | $500 | $970 | 17 |
| 2021 | $720 | -11.1% | $600 | $1,300 | 6 |
Median Rent Price
$750
per week
Based on 13 recorded rent within the last 12 months
Updated on 19 Apr 2021
Rent Price Growth
+6.7%
Current Median Rent: $750
Previous Median Rent: $700
Based on 37 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.9%
Current Median Price: $995,000
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 Mar 2021)
Auction Results For Farrer
Houses sold in Last 12 months ends 17 Apr 2021
$1.21M
Median Sale Price
95%
Clearance Rate
18/19
Sold/Reported
$2M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.8 M - $2 M | 1 | |
| $1.4 M - $1.6 M | 2 | |
| $1.2 M - $1.4 M (Median Price Range) | 5 | |
| $1 M - $1.2 M | 3 | |
| $800 K - $1 M | 5 | |
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 |