Torrens, ACT 2607
Compare Part of Unincorporated ACT
11.00 km
Distance from Canberra CBD
14 k
Population
Median Sale Price
House
$803K
Updated on Aug 2020
2 BR - | 3 BR $728K | 4 BR $888K |
Unit
$420K
Updated on Aug 2020
1 BR $315K | 2 BR $445K | 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 | $898,000 | +12.0% | $665,000 | $1,235,000 | 24 |
Median Sale Price
$917K
Based on 27 recorded sales within the last 12 months
Updated on 28 Sep 2020
Suburb Growth
+9.5%
Current Median Price: $917,000
Previous Median Price: $830,000
Based on 51 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2020)
Price Range Segments (12 months ending Aug 2020)
Median Weekly Rent Price
House
$580
Updated on Aug 2020
2 BR $445 | 3 BR $565 | 4 BR $625 |
Unit
$470
Updated on Aug 2020
1 BR $330 | 2 BR $430 | 3 BR $480 |
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 | $580 | -3.4% | $480 | $1,050 | 14 |
Median Rent Price
$600
per week
Based on 22 recorded rent within the last 12 months
Updated on 28 Sep 2020
Rent Price Growth
0.0%
Current Median Rent: $600
Previous Median Rent: $600
Based on 48 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.4%
Current Median Price: $917,000
Current Median rent: $600
Based on 49 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2020)
Auction Results For Torrens
Houses sold in Last 12 months ends 26 Sep 2020
$993K
Median Sale Price
72%
Clearance Rate
10/14
Sold/Reported
$1.24M
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 (Median Price Range) | 4 | |
| $600 K - $800 K | 2 | |
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 |