Farrer, ACT 2607

Farrer, ACT 2607

Compare Part of Unincorporated ACT

11.00 km
Distance from CBD
14 k
Population

Auction Times

Wed 13 Nov
 Auction Time Agency
34 Roseworthy Crescent
6 3 2 House
6:30 PM
Wed 13th Nov		 White Rhino Property
Sat 16 Nov
 Auction Time Agency
13 Valder Place
4 3 4 House
11:00 AM
Sat 16th Nov		 Luton Properties
40 Longerenong Street
4 2 4 House
12:00 PM
Sat 16th Nov		 Luton Properties
Median Sale Price
House
$895K
Updated on Sep 2019
2 BR
-
3 BR
$736K
4 BR
$920K
Unit
$321K
Updated on Sep 2019
1 BR
$250K
2 BR
-
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
$900,000
 -2.8% $335,000 $1,260,000 38
Median Sale Price
$875K
Based on 42 recorded sales within the last 12 months
Updated on 13 Nov 2019
Suburb Growth
-7.4%
Current Median Price: $875,000
Previous Median Price: $940,000
Based on 77 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2019)
Price Range Segments (12 months ending Oct 2019)
Median Weekly Rent Price
House
$655
Updated on Oct 2019
2 BR
-
3 BR
$530
4 BR
$650
Unit
$378
Updated on Oct 2019
1 BR
$340
2 BR
$410
3 BR
$435
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% $410 $950 23
2018
$650
 +15.4% $470 $850 20
2019
$750
 +13.3% $500 $1,300 21
Median Rent Price
$710
per week
Based on 24 recorded rent within the last 12 months
Updated on 13 Nov 2019
Rent Price Growth
+8.5%
Current Median Rent: $710
Previous Median Rent: $650
Based on 45 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.2%
Current Median Price: $875,000
Current Median rent: $710
Based on 66 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2019)

Auction Results For Farrer

Houses sold in Last 12 months ends 9 Nov 2019

$840K

Median Sale Price

61%

Clearance Rate

28/46

Sold/Reported

$1.26M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.2 M - $1.4 M 1
$1 M - $1.2 M 5
$800 K - $1 M
(Median Price Range)		 3
$600 K - $800 K 4
$400 K - $600 K 2
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