Garran, ACT 2605
Compare Part of Unincorporated ACT
7.00 km
Distance from Canberra CBD
12 k
Population
Median Sale Price
House
$991K
Updated on Jan 2020
2 BR - | 3 BR $845K | 4 BR $1M |
Unit
$597K
Updated on Jan 2020
1 BR - | 2 BR $520K | 3 BR $618K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $710,000 | 0.0% | $350,000 | $1,320,000 | 33 |
| 2010 | $850,000 | +16.5% | $500,000 | $1,600,000 | 16 |
| 2011 | $870,000 | +2.3% | $220,000 | $1,260,000 | 19 |
| 2012 | $810,000 | -7.4% | $500,000 | $1,250,000 | 30 |
| 2013 | $730,000 | -11.0% | $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 | $1,000,000 | -8.5% | $737,000 | $1,860,000 | 25 |
| 2020 | $1,210,000 | +17.4% | $1,065,000 | $1,210,000 | 3 |
Median Sale Price
$1.07M
Based on 24 recorded sales within the last 12 months
Updated on 27 Feb 2020
Suburb Growth
-3.3%
Current Median Price: $1,065,000
Previous Median Price: $1,100,000
Based on 52 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$650
Updated on Jan 2020
2 BR $495 | 3 BR $545 | 4 BR $820 |
Unit
$543
Updated on Jan 2020
1 BR $328 | 2 BR $530 | 3 BR $575 | 4 BR $975 |
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 | $590 | +11.9% | $400 | $950 | 38 |
| 2016 | $580 | -1.7% | $430 | $1,950 | 33 |
| 2017 | $580 | 0.0% | $430 | $975 | 27 |
| 2018 | $725 | +20.0% | $430 | $1,025 | 25 |
| 2019 | $720 | -0.7% | $420 | $1,200 | 34 |
| 2020 | $800 | +10.0% | $700 | $950 | 5 |
Median Rent Price
$720
per week
Based on 34 recorded rent within the last 12 months
Updated on 27 Feb 2020
Rent Price Growth
-0.7%
Current Median Rent: $720
Previous Median Rent: $725
Based on 61 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.5%
Current Median Price: $1,065,000
Current Median rent: $720
Based on 58 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)
Auction Results For Garran
Houses sold in Last 12 months ends 22 Feb 2020
$1.1M
Median Sale Price
79%
Clearance Rate
15/19
Sold/Reported
$1.86M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.8 M - $2 M | 1 | |
| $1.6 M - $1.8 M | 1 | |
| $1.4 M - $1.6 M | 1 | |
| $1.2 M - $1.4 M | 2 | |
| $1 M - $1.2 M (Median Price Range) | 4 | |
| $800 K - $1 M | 4 | |
| $600 K - $800 K | 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 |