Torrens, ACT 2607

Torrens, ACT 2607

Compare Part of Unincorporated ACT

11.00 km
Distance from CBD
14 k
Population
Median Sale Price
House
$1.26M
Updated on May 2022
2 BR
-
3 BR
$1.11M
4 BR
$1.48M
Unit
-
Updated on Apr 2022
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
$590,000
-14.2% $234,500 $951,000 24
2011
$604,000
+2.3% $250,000 $1,280,000 31
2012
$690,000
+12.5% $490,000 $1,390,000 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 20
2020
$915,000
+13.7% $665,000 $1,235,000 35
2021
$1,320,000
+30.7% $755,000 $2,385,000 28
2022
$1,250,000
-5.6% $975,000 $1,430,000 13
Median Sale Price
$1.26M
Based on 29 recorded sales within the last 12 months
Updated on 30 Jun 2022
Suburb Growth
+22.2%
Current Median Price: $1,260,000
Previous Median Price: $980,000
Based on 63 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
$690
Updated on May 2022
2 BR
$450
3 BR
$660
4 BR
$780
Unit
$470
Updated on May 2022
1 BR
$390
2 BR
$480
3 BR
$663
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
$480
+9.4% $320 $600 20
2016
$500
+4.0% $330 $950 22
2017
$540
+7.4% $430 $875 27
2018
$620
+12.9% $430 $990 23
2019
$600
-3.3% $470 $995 26
2020
$580
-3.4% $480 $1,050 23
2021
$670
+13.4% $510 $1,000 26
2022
$930
+28.0% $390 $1,400 11
Median Rent Price
$740
per week
Based on 25 recorded rent within the last 12 months
Updated on 30 Jun 2022
Rent Price Growth
+12.2%
Current Median Rent: $740
Previous Median Rent: $650
Based on 48 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.1%
Current Median Price: $1,260,000
Current Median rent: $740
Based on 54 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 Torrens

Houses sold in Last 12 months ends 25 Jun 2022

$1.22M

Median Sale Price

88%

Clearance Rate

14/16

Sold/Reported

$2.21M

Highest Sale Price

Sold Price Range No. of Sold Properties
$2 M - $3 M 1
$1.4 M - $1.6 M 1
$1.2 M - $1.4 M
(Median Price Range)
3
$1 M - $1.2 M 3
$800 K - $1 M 1

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