Farrer, ACT 2607

Farrer, ACT 2607

Compare Part of Unincorporated ACT

11.00 km
Distance from CBD
14 k
Population

Auction Times

Wed 23 Jun
 Auction Time Agency
8 Werribee Crescent
4 2 3 House
5:00 PM
Wed 23rd Jun		 One Agency Scott Crossman
Sat 26 Jun
 Auction Time Agency
9 Hagelthorn Street
3 1 1 House
2:30 PM
Sat 26th Jun		 Peter Blackshaw Woden & Weston Creek
Median Sale Price
House
$995K
Updated on Apr 2021
2 BR
-
3 BR
$898K
4 BR
$1.05M
Unit
$315K
Updated on Apr 2021
1 BR
-
2 BR
$315K
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$612,500
 0.0% $385,000 $1,200,000 43
2010
$725,000
 +15.5% $280,000 $1,350,000 30
2011
$695,000
 -4.3% $370,000 $1,175,000 38
2012
$610,000
 -13.9% $298,000 $2,210,000 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
$930,000
 +9.7% $537,000 $1,417,000 44
2021
$1,340,000
 +30.6% $840,000 $1,565,000 18
Median Sale Price
$1.04M
Based on 47 recorded sales within the last 12 months
Updated on 21 Jun 2021
Suburb Growth
+18.8%
Current Median Price: $1,035,000
Previous Median Price: $840,000
Based on 86 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2021)
Price Range Segments (12 months ending May 2021)
Median Weekly Rent Price
House
$673
Updated on May 2021
2 BR
$410
3 BR
$553
4 BR
$720
Unit
$400
Updated on May 2021
1 BR
$370
2 BR
$393
3 BR
$465
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 $850 20
2019
$750
 +13.3% $490 $1,300 25
2020
$800
 +6.3% $500 $970 17
2021
$720
 -11.1% $470 $1,300 11
Median Rent Price
$720
per week
Based on 15 recorded rent within the last 12 months
Updated on 21 Jun 2021
Rent Price Growth
-4.2%
Current Median Rent: $720
Previous Median Rent: $750
Based on 39 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.6%
Current Median Price: $1,035,000
Current Median rent: $720
Based on 62 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2021)

Auction Results For Farrer

Houses sold in Last 12 months ends 19 Jun 2021

$1.23M

Median Sale Price

96%

Clearance Rate

23/24

Sold/Reported

$2M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.8 M - $2 M 1
$1.4 M - $1.6 M 3
$1.2 M - $1.4 M
(Median Price Range)		 7
$1 M - $1.2 M 3
$800 K - $1 M 6

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