Garran, ACT 2605
Compare Part of Unincorporated ACT
7.00 km
Distance from Canberra CBD
12 k
Population
Median Sale Price
House
$1.2M
Updated on Dec 2020
2 BR - | 3 BR $1.24M | 4 BR $1.21M |
Unit
$618K
Updated on Dec 2020
1 BR - | 2 BR $580K | 3 BR $630K |
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 | $1,030,004 | +2.9% | $806,000 | $1,600,000 | 23 |
| 2021 | - | - | - | - | - |
Median Sale Price
$1.03M
Based on 23 recorded sales within the last 12 months
Updated on 23 Jan 2021
Suburb Growth
+2.9%
Current Median Price: $1,030,004
Previous Median Price: $1,000,000
Based on 48 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2020)
Price Range Segments (12 months ending Dec 2020)
Median Weekly Rent Price
House
$693
Updated on Dec 2020
2 BR $495 | 3 BR $580 | 4 BR $785 |
Unit
$550
Updated on Dec 2020
1 BR $345 | 2 BR $530 | 3 BR $590 | 4 BR $850 |
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% | $420 | $950 | 38 |
| 2016 | $580 | -1.7% | $440 | $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 | $700 | -2.9% | $330 | $1,080 | 32 |
| 2021 | - | - | - | - | - |
Median Rent Price
$690
per week
Based on 28 recorded rent within the last 12 months
Updated on 23 Jan 2021
Rent Price Growth
-4.3%
Current Median Rent: $690
Previous Median Rent: $720
Based on 63 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.5%
Current Median Price: $1,030,004
Current Median rent: $690
Based on 51 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)
Auction Results For Garran
Houses sold in Last 12 months ends 16 Jan 2021
$1.07M
Median Sale Price
80%
Clearance Rate
8/10
Sold/Reported
$1.42M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.4 M - $1.6 M | 1 | |
| $1 M - $1.2 M (Median Price Range) | 1 | |
| $800 K - $1 M | 2 | |
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 |