Farrer, ACT 2607

Farrer, ACT 2607

Compare Part of Unincorporated ACT

11.00 km
Distance from CBD
14 k
Population
Median Sale Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 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
$1,100,000
-12.7% $1,100,000 $1,107,500 8
Median Sale Price
$1.14M
Based on 38 recorded sales within the last 12 months
Updated on 30 Mar 2024
Suburb Growth
-10.5%
Current Median Price: $1,140,000
Previous Median Price: $1,260,000
Based on 69 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 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
$620
-22.6% $550 $1,000 3
Median Rent Price
$750
per week
Based on 31 recorded rent within the last 12 months
Updated on 30 Mar 2024
Rent Price Growth
-6.7%
Current Median Rent: $750
Previous Median Rent: $800
Based on 67 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.4%
Current Median Price: $1,140,000
Current Median rent: $750
Based on 69 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)

Auction Results For Farrer

Houses sold in Last 12 months ends 23 Mar 2024

$1.24M

Median Sale Price

58%

Clearance Rate

12/21

Sold/Reported

$2.85M

Highest Sale Price

Sold Price Range No. of Sold Properties
$2 M - $3 M 1
$1.6 M - $1.8 M 1
$1.2 M - $1.4 M
(Median Price Range)
2
$1 M - $1.2 M 2

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