Pearce, ACT 2607
Compare Part of Unincorporated ACT
10.00 km
Distance from Canberra CBD
14 k
Population
Median Sale Price
House
$1.43M
Updated on May 2022
2 BR $705K | 3 BR $1.27M | 4 BR $1.58M |
Unit
$693K
Updated on May 2022
1 BR - | 2 BR $597K | 3 BR $861K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $565,000 | 0.0% | $883 | $890,000 | 34 |
| 2010 | $708,000 | +20.2% | $415,000 | $1,600,000 | 23 |
| 2011 | $680,000 | -4.1% | $530,000 | $890,000 | 14 |
| 2012 | $760,000 | +10.5% | $300,000 | $2,000,000 | 33 |
| 2013 | $675,000 | -12.6% | $295,000 | $1,480,000 | 42 |
| 2014 | $730,000 | +7.5% | $524,999 | $2,300,000 | 18 |
| 2015 | $675,000 | -8.1% | $542,500 | $1,360,000 | 26 |
| 2016 | $770,000 | +12.3% | $600,000 | $1,440,000 | 15 |
| 2017 | $850,000 | +9.4% | $570,000 | $1,536,000 | 30 |
| 2018 | $950,000 | +10.5% | $698,000 | $1,015,000 | 12 |
| 2019 | $914,000 | -3.9% | $650,000 | $1,818,000 | 17 |
| 2020 | $1,040,000 | +12.1% | $565,000 | $2,100,000 | 26 |
| 2021 | $1,401,000 | +25.8% | $756,500 | $1,957,500 | 25 |
| 2022 | $1,580,000 | +11.3% | $1,230,000 | $2,020,000 | 14 |
Median Sale Price
$1.43M
Based on 31 recorded sales within the last 12 months
Updated on 30 Jun 2022
Suburb Growth
+22.8%
Current Median Price: $1,425,000
Previous Median Price: $1,100,000
Based on 55 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
$700
Updated on May 2022
2 BR $600 | 3 BR $600 | 4 BR $720 |
Unit
$500
Updated on May 2022
1 BR - | 2 BR $450 | 3 BR $600 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $485 | 0.0% | $440 | $560 | 5 |
| 2012 | $520 | +6.7% | $450 | $780 | 10 |
| 2013 | $495 | -5.1% | $410 | $795 | 19 |
| 2014 | $450 | -10.0% | $380 | $600 | 9 |
| 2015 | $495 | +9.1% | $400 | $850 | 22 |
| 2016 | $540 | +8.3% | $250 | $675 | 18 |
| 2017 | $600 | +10.0% | $450 | $900 | 18 |
| 2018 | $590 | -1.7% | $470 | $1,200 | 20 |
| 2019 | $580 | -1.7% | $420 | $800 | 19 |
| 2020 | $570 | -1.8% | $300 | $895 | 14 |
| 2021 | $660 | +13.6% | $550 | $950 | 22 |
| 2022 | $750 | +12.0% | $540 | $1,350 | 13 |
Median Rent Price
$750
per week
Based on 26 recorded rent within the last 12 months
Updated on 30 Jun 2022
Rent Price Growth
+24.0%
Current Median Rent: $750
Previous Median Rent: $570
Based on 41 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.7%
Current Median Price: $1,425,000
Current Median rent: $750
Based on 57 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 Pearce
Houses sold in Last 12 months ends 25 Jun 2022
$1.75M
Median Sale Price
75%
Clearance Rate
12/16
Sold/Reported
$2.02M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 1 | |
| $1.8 M - $2 M | 2 | |
| $1.6 M - $1.8 M (Median Price Range) | 3 | |
| $1.4 M - $1.6 M | 1 | |
| $1.2 M - $1.4 M | 2 | |
| $1 M - $1.2 M | 1 | |
Similar Suburbs to Pearce 2607
Based on median house sale price sold in last 12 months
Schools closest to Pearce, ACT 2607
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Sacred Heart Primary SchoolTop 20 | 29 MURPHY STREETPearce 2607 | Primary | Catholic | 0.27 km |
| Melrose High School | MARR STREETPearce 2607 | Secondary | Government | 0.76 km |
| Marist College CanberraTop 20 | MARR STREETPearce 2607 | Combined | Independent | 0.97 km |
| Torrens Primary School | RITCHIE STREETTorrens 2607 | Primary | Government | 1.04 km |
| Mawson Primary SchoolTop 20 | AINSWORTH STREETMawson 2607 | Primary | Government | 1.65 km |
| Canberra Christian SchoolTop 20 | AINSWORTH STREETMawson 2607 | Primary | Independent | 1.77 km |
| Taylor Primary School | MARCONI CRESCENTKambah 2902 | Primary | Government | 2.18 km |