2. ACT
  3. Unincorporated ACT

Farrer ACT 2607

Houses Units

Here you can find what you need to know about Farrer, ACT, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$1.2M Median Sale Price (National Average $485k) 25th In ACT
-1.17% Median Sale Price Change (1yr) (National Average 4.30%) 77th In ACT
$650pw Median Rent (National Average $395) 60th In ACT
2.9% Median Gross Yield (National Average 4.24%) 79th In ACT

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Farrer, ACT National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Farrer, ACT National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Farrer, ACT National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Farrer


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Farrer, ACT 2607

Part of: Unincorporated ACT Council No data available

The size of Farrer is approximately 2.1 square kilometres. It has 11 parks covering nearly 18.6% of total area. The population of Farrer in 2011 was 3,357 people. By 2016 the population was 3,212 showing a population decline of 4.3% in the area during that time. The predominant age group in Farrer is 40-49 years. Households in Farrer are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Farrer work in a professional occupation. In 2011, 76.2% of the homes in Farrer were owner-occupied compared with 76.1% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Farrer

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Farrer   for Houses in last 12 months


There have been 52 Houses sold in Farrer in the past 12 months with a median sale price of $1.2M, down 1.2% annually. It takes on average 84 days to sell with vendor discounting of -8.7%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Faulconbridge NSW, 2776 3.07% $907,000 $600pw 3.4% View Suburb Profile
Isaacs ACT, 2607 5.93% $1,205,000 $810pw 3.5% View Suburb Profile
Dunwich QLD, 4183 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Pearce ACT, 2607 -4.07% $1,180,000 $740pw 3.3% View Suburb Profile
Mulgrave VIC, 3170 5% $1,050,000 $610pw 3.0% View Suburb Profile
Oakford WA, 6121 13.55% $1,330,000 Unavailable Unavailable View Suburb Profile

Currency

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