Torrens, ACT 2607
Compare Part of Unincorporated ACT
11.00 km
Distance from Canberra 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 | |
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 |