Farrer, ACT 2607
Compare Part of Unincorporated ACT
11.00 km
Distance from Canberra 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 | |
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 |