Farrer, ACT 2607
Compare Part of Unincorporated ACT
11.00 km
Distance from Canberra CBD
14 k
Population
Auction Times
Sat 26 Sep | Auction Time | Agency | |
|---|---|---|---|
 | 29 Waite Street 3 2 3 House | 12:00 PM Sat 26th Sep | One Agency Kippax |
Thu 1 Oct | Auction Time | Agency | |
|---|---|---|---|
 | 47 Muresk Street 5 2 2 House | 6:00 PM Thu 1st Oct | Peter Blackshaw Woden & Weston Creek |
Sat 3 Oct | Auction Time | Agency | |
|---|---|---|---|
 | 10 Woodgate Street 5 3 2 House | 10:00 AM Sat 3rd Oct | Peter Blackshaw Manuka |
| 10 Woodgate Street 5 3 2 House | 10:00 AM Sat 3rd Oct | Peter Blackshaw Manuka |
 | 1/48 Lambrigg Street 3 2 2 House | 11:00 AM Sat 3rd Oct | Ray White |
Median Sale Price
House
$845K
Updated on Aug 2020
2 BR - | 3 BR $710K | 4 BR $880K |
Unit
$300K
Updated on Aug 2020
1 BR $259K | 2 BR $315K | 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 | $830,000 | -1.2% | $537,000 | $1,365,000 | 27 |
Median Sale Price
$830K
Based on 37 recorded sales within the last 12 months
Updated on 22 Sep 2020
Suburb Growth
-5.4%
Current Median Price: $830,000
Previous Median Price: $875,000
Based on 76 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2020)
Price Range Segments (12 months ending Aug 2020)
Median Weekly Rent Price
House
$675
Updated on Aug 2020
2 BR $350 | 3 BR $498 | 4 BR $735 |
Unit
$373
Updated on Aug 2020
1 BR $353 | 2 BR $403 | 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% | $425 | $950 | 23 |
| 2018 | $650 | +15.4% | $495 | $850 | 20 |
| 2019 | $750 | +13.3% | $500 | $1,300 | 25 |
| 2020 | $800 | +6.3% | $500 | $970 | 14 |
Median Rent Price
$750
per week
Based on 18 recorded rent within the last 12 months
Updated on 22 Sep 2020
Rent Price Growth
+12.0%
Current Median Rent: $750
Previous Median Rent: $660
Based on 43 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.7%
Current Median Price: $830,000
Current Median rent: $750
Based on 55 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2020)
Auction Results For Farrer
Houses sold in Last 12 months ends 19 Sep 2020
$850K
Median Sale Price
93%
Clearance Rate
12/13
Sold/Reported
$1.24M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.2 M - $1.4 M | 2 | |
| $1 M - $1.2 M | 3 | |
| $800 K - $1 M (Median Price Range) | 5 | |
| $600 K - $800 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 |