Garran, ACT 2605
Compare Part of Unincorporated ACT
7.00 km
Distance from Canberra CBD
12 k
Population
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $725,000 | 0.0% | $450,000 | $1,540,000 | 33 |
| 2010 | $850,000 | +14.7% | $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% | $730,000 | $2,300,000 | 25 |
| 2023 | $1,600,000 | +6.3% | $1,097,000 | $2,900,000 | 34 |
| 2024 | $2,150,000 | +25.6% | $1,500,000 | $2,150,000 | 8 |
Median Sale Price
$1.6M
Based on 35 recorded sales within the last 12 months
Updated on 20 Apr 2024
Suburb Growth
+6.3%
Current Median Price: $1,600,000
Previous Median Price: $1,500,000
Based on 58 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
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 | 33 |
| 2021 | $750 | +6.7% | $550 | $2,000 | 34 |
| 2022 | $845 | +11.2% | $500 | $1,500 | 26 |
| 2023 | $850 | +0.6% | $420 | $1,350 | 42 |
| 2024 | $900 | +5.6% | $600 | $1,200 | 9 |
Median Rent Price
$800
per week
Based on 37 recorded rent within the last 12 months
Updated on 20 Apr 2024
Rent Price Growth
-3.8%
Current Median Rent: $800
Previous Median Rent: $830
Based on 68 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.6%
Current Median Price: $1,600,000
Current Median rent: $800
Based on 72 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Garran
Houses sold in Last 12 months ends 13 Apr 2024
$1.31M
Median Sale Price
59%
Clearance Rate
7/12
Sold/Reported
$2.61M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 2 | |
| $1.2 M - $1.4 M (Median Price Range) | 2 | |
| $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 |