Auction Times
Sat 9 Dec | Auction Time | Agency | |
---|---|---|---|
![]() | 12 Moodie Street 4 2 3 House | 1:00 PM Sat 9th Dec | Ray White |
![]() | 26 Spafford Crescent 4 3 3 House | 2:00 PM Sat 9th Dec | Ray White |
![]() | 38 Drevermann street 5 3 2 House | 3:30 PM Sat 9th Dec | Francis Properties Canberra |
Median Sale Price
House
-
Updated on Oct 2023
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2023
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 | $1,290,000 | 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 | $1,057,000 | 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 | $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 | $1,820,000 | 31 |
Median Sale Price
$1.24M
Based on 31 recorded sales within the last 12 months
Updated on 4 Dec 2023
Suburb Growth
-6.5%
Current Median Price: $1,240,000
Previous Median Price: $1,320,000
Based on 69 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2023)
Price Range Segments (12 months ending Nov 2023)
Median Weekly Rent Price
House
-
Updated on Oct 2023
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2023
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 | $575 | +4.3% | $440 | $1,350 | 27 |
2017 | $550 | -4.5% | $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 | $740 | -8.0% | $570 | $950 | 33 |
Median Rent Price
$780
per week
Based on 36 recorded rent within the last 12 months
Updated on 4 Dec 2023
Rent Price Growth
+2.6%
Current Median Rent: $780
Previous Median Rent: $760
Based on 63 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.3%
Current Median Price: $1,240,000
Current Median rent: $780
Based on 67 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2023)
Auction Results For Farrer
Houses sold in Last 12 months ends 2 Dec 2023
$1.26M
Median Sale Price
48%
Clearance Rate
9/19
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 | 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 |