Garran, ACT 2605
Compare Part of Unincorporated ACT
7.00 km
Distance from Canberra CBD
12 k
Population
Median Sale Price
House
$1.61M
Updated on May 2022
2 BR - | 3 BR $1.4M | 4 BR $1.65M |
Unit
$667K
Updated on May 2022
1 BR - | 2 BR $610K | 3 BR $721K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $715,000 | 0.0% | $350,000 | $1,320,000 | 33 |
| 2010 | $850,000 | +15.9% | $500,000 | $1,600,000 | 16 |
| 2011 | $870,000 | +2.3% | $220,000 | $1,260,000 | 19 |
| 2012 | $835,000 | -4.2% | $500,000 | $1,700,000 | 30 |
| 2013 | $730,000 | -14.4% | $69,000 | $1,335,000 | 32 |
| 2014 | $890,000 | +18.0% | $630,000 | $1,425,000 | 32 |
| 2015 | $995,000 | +10.6% | $720,000 | $1,740,000 | 22 |
| 2016 | $920,000 | -8.2% | $542,000 | $1,670,000 | 23 |
| 2017 | $1,050,000 | +12.4% | $800,000 | $1,525,000 | 24 |
| 2018 | $1,085,000 | +3.2% | $792,000 | $1,825,000 | 27 |
| 2019 | $1,075,000 | -0.9% | $737,000 | $1,860,000 | 26 |
| 2020 | $1,165,000 | +7.7% | $806,000 | $1,600,000 | 23 |
| 2021 | $1,512,500 | +23.0% | $410,000 | $2,350,000 | 32 |
| 2022 | $1,500,000 | -0.8% | $1,479,000 | $1,905,000 | 15 |
Median Sale Price
$1.62M
Based on 34 recorded sales within the last 12 months
Updated on 30 Jun 2022
Suburb Growth
+10.3%
Current Median Price: $1,618,000
Previous Median Price: $1,451,000
Based on 58 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$750
Updated on May 2022
2 BR $513 | 3 BR $640 | 4 BR $825 |
Unit
$610
Updated on May 2022
1 BR $400 | 2 BR $580 | 3 BR $650 | 4 BR $1,000 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $575 | 0.0% | $220 | $775 | 16 |
| 2012 | $620 | +7.3% | $400 | $900 | 16 |
| 2013 | $550 | -12.7% | $450 | $1,000 | 19 |
| 2014 | $520 | -5.8% | $420 | $800 | 12 |
| 2015 | $600 | +13.3% | $420 | $950 | 38 |
| 2016 | $580 | -3.4% | $440 | $1,950 | 33 |
| 2017 | $580 | 0.0% | $430 | $975 | 27 |
| 2018 | $725 | +20.0% | $475 | $1,025 | 25 |
| 2019 | $720 | -0.7% | $420 | $1,200 | 34 |
| 2020 | $700 | -2.9% | $330 | $1,080 | 32 |
| 2021 | $750 | +6.7% | $550 | $2,000 | 34 |
| 2022 | $845 | +11.2% | $650 | $1,200 | 13 |
Median Rent Price
$820
per week
Based on 36 recorded rent within the last 12 months
Updated on 30 Jun 2022
Rent Price Growth
+12.2%
Current Median Rent: $820
Previous Median Rent: $720
Based on 60 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.6%
Current Median Price: $1,618,000
Current Median rent: $820
Based on 70 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2022)
Auction Results For Garran
Houses sold in Last 12 months ends 25 Jun 2022
$1.72M
Median Sale Price
100%
Clearance Rate
13/13
Sold/Reported
$2.3M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 3 | |
| $1.6 M - $1.8 M (Median Price Range) | 5 | |
| $1.4 M - $1.6 M | 1 | |
| $1.2 M - $1.4 M | 1 | |
| $1 M - $1.2 M | 1 | |
Similar Suburbs to Garran 2605
Based on median house sale price sold in last 12 months
Schools closest to Garran, ACT 2605
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Garran Primary SchoolTop 5 | GILMORE CRESCENTGarran 2605 | Primary | Government | 0.12 km |
| Sts Peter and Paul Primary School | Garran 2605 | Primary | Independent | 0.54 km |
| Canberra Christian SchoolTop 20 | AINSWORTH STREETMawson 2607 | Primary | Independent | 1.35 km |
| Mawson Primary SchoolTop 20 | AINSWORTH STREETMawson 2607 | Primary | Government | 1.55 km |
| Hughes Primary School | KENT STREETHughes 2605 | Primary | Government | 1.8 km |
| Marist College CanberraTop 20 | MARR STREETPearce 2607 | Combined | Independent | 2 km |
| Melrose High School | MARR STREETPearce 2607 | Secondary | Government | 2.36 km |