Torrens, ACT 2607
Compare Part of Unincorporated ACT
11.00 km
Distance from Canberra CBD
14 k
Population
Median Sale Price
House
$728K
Updated on Jan 2020
2 BR - | 3 BR $646K | 4 BR $778K |
Unit
-
Updated on Dec 2019
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $674,000 | 0.0% | $460,000 | $880,000 | 21 |
| 2010 | $585,000 | -15.2% | $234,500 | $951,000 | 24 |
| 2011 | $595,000 | +1.7% | $250,000 | $860,000 | 31 |
| 2012 | $690,000 | +13.8% | $490,000 | $970,000 | 20 |
| 2013 | $580,000 | -19.0% | $139,000 | $930,000 | 38 |
| 2014 | $590,000 | +1.7% | $470,000 | $921,000 | 16 |
| 2015 | $650,000 | +9.2% | $210,000 | $1,110,000 | 19 |
| 2016 | $680,000 | +4.4% | $546,000 | $1,000,000 | 27 |
| 2017 | $742,000 | +8.4% | $1,001 | $1,401,000 | 26 |
| 2018 | $910,000 | +18.5% | $670,000 | $1,540,000 | 19 |
| 2019 | $790,000 | -15.2% | $645,000 | $1,210,000 | 19 |
| 2020 | $950,000 | +16.8% | $685,000 | $1,049,000 | 8 |
Median Sale Price
$830K
Based on 25 recorded sales within the last 12 months
Updated on 25 Feb 2020
Suburb Growth
-6.0%
Current Median Price: $830,000
Previous Median Price: $880,000
Based on 44 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
$535
Updated on Jan 2020
2 BR $500 | 3 BR $530 | 4 BR $610 |
Unit
$455
Updated on Jan 2020
1 BR $330 | 2 BR $430 | 3 BR $470 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $460 | 0.0% | $380 | $540 | 9 |
| 2012 | $550 | +16.4% | $435 | $650 | 11 |
| 2013 | $485 | -13.4% | $350 | $950 | 16 |
| 2014 | $435 | -11.5% | $420 | $750 | 3 |
| 2015 | $475 | +8.4% | $320 | $600 | 20 |
| 2016 | $500 | +5.0% | $330 | $950 | 22 |
| 2017 | $540 | +7.4% | $430 | $875 | 27 |
| 2018 | $600 | +10.0% | $430 | $990 | 22 |
| 2019 | $600 | 0.0% | $470 | $995 | 26 |
| 2020 | $485 | -23.7% | $485 | $485 | 1 |
Median Rent Price
$570
per week
Based on 22 recorded rent within the last 12 months
Updated on 25 Feb 2020
Rent Price Growth
-8.8%
Current Median Rent: $570
Previous Median Rent: $620
Based on 44 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.6%
Current Median Price: $830,000
Current Median rent: $570
Based on 47 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 Torrens
Houses sold in Last 12 months ends 22 Feb 2020
$755K
Median Sale Price
86%
Clearance Rate
18/21
Sold/Reported
$1.21M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.2 M - $1.4 M | 1 | |
| $1 M - $1.2 M | 1 | |
| $800 K - $1 M | 4 | |
| $600 K - $800 K (Median Price Range) | 7 | |
Similar Suburbs to Torrens 2607
Based on median house sale price sold in last 12 months
Schools closest to Torrens, ACT 2607
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Torrens Primary School | RITCHIE STREETTorrens 2607 | Primary | Government | 0.43 km |
| Sacred Heart Primary SchoolTop 20 | 29 MURPHY STREETPearce 2607 | Primary | Catholic | 0.66 km |
| Melrose High School | MARR STREETPearce 2607 | Secondary | Government | 1.04 km |
| Marist College CanberraTop 20 | MARR STREETPearce 2607 | Combined | Independent | 1.46 km |
| Mawson Primary SchoolTop 20 | AINSWORTH STREETMawson 2607 | Primary | Government | 1.87 km |
| Canberra Christian SchoolTop 20 | AINSWORTH STREETMawson 2607 | Primary | Independent | 2.05 km |
| Namadgi School | O'HALLORAN CIRCUITKambah 2902 | Combined | Government | 2.78 km |