Farrer, ACT 2607

Farrer, ACT 2607

Compare Part of Unincorporated ACT

11.00 km
Distance from CBD
14 k
Population
Median Sale Price
House
$840K
Updated on Mar 2020
2 BR
$655K
3 BR
$685K
4 BR
$840K
Unit
$293K
Updated on Mar 2020
1 BR
$254K
2 BR
$355K
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
$961,000
+12.6% $537,000 $1,365,000 13
Median Sale Price
$840K
Based on 38 recorded sales within the last 12 months
Updated on 26 May 2020
Suburb Growth
-7.1%
Current Median Price: $840,000
Previous Median Price: $900,000
Based on 73 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Apr 2020)
Price Range Segments (12 months ending Apr 2020)
Median Weekly Rent Price
House
$650
Updated on Apr 2020
2 BR
$350
3 BR
$515
4 BR
$688
Unit
$380
Updated on Apr 2020
1 BR
$353
2 BR
$435
3 BR
$420
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% $425 $950 23
2018
$650
+15.4% $495 $850 20
2019
$750
+13.3% $500 $1,300 25
2020
$850
+11.8% $500 $970 10
Median Rent Price
$675
per week
Based on 23 recorded rent within the last 12 months
Updated on 26 May 2020
Rent Price Growth
-11.1%
Current Median Rent: $675
Previous Median Rent: $750
Based on 43 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.2%
Current Median Price: $840,000
Current Median rent: $675
Based on 61 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Apr 2020)

Auction Results For Farrer

Houses sold in Last 12 months ends 23 May 2020

$840K

Median Sale Price

70%

Clearance Rate

21/30

Sold/Reported

$1.13M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1 M - $1.2 M 5
$800 K - $1 M
(Median Price Range)
4
$600 K - $800 K 2
$400 K - $600 K 1
less than $400 K 1

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