8 Olliff Place, Farrer ACT 2607
This property is Off Market
- The Average property price in this area is $1,159,773, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 103.94 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Farrer
With an average age of 34, households expect an average monthly mortgage payment of $2,709 or a weekly rent payment of $524. The average family earns a weekly income of $3,583 with a typical household size of 3.1 and a 97.35% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Farrer ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The slightly lower than average earnings from occupations in Farrer changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Farrer to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Public Transport
EPIC and Racecourse
Macarthur Avenue
Ipima Street
Alinga Street
Phillip Avenue
Dickson Interchange
Swinden Street
Elouera Street
Sandford Street
Canberra
General Points of Interest
Lakeside Leisure Centre
Manuka Pool
Southlands Tennis Club
Yamba Club
Kambah Firestorm Storytree
Katie Bender
Aboriginal Tent Embassy
Canberra Glass Works
Burns Memorial
National Capital Exhibition
Population
(Country of Birth not stated 3%)
Are people healthy?
There are a recorded 291 asthma sufferers and 126 people living with diabetes. In addition, 178 people have a heart/vascular condition and 244 people live with three or more chronic diseases.A good place to invest in property?
Farrer a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Australian Capital Territory State average 56 / 100
Income
58 / 100
56 / 100
Industry
27 / 100
28 / 100
Population
23 / 100
26 / 100
House Prices
70 / 100
72 / 100
Jobs
26 / 100
32 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
Melrose High School
Pearce, ACT, 2607 Independent 7-10 -
Farrer Primary School
Farrer, ACT, 2607 Independent K-6 -
Wanniassa Hills Primary School
Wanniassa, ACT, 2903 Independent K-6 -
Marist College Canberra
Pearce, ACT, 2607 Independent 4-12 -
Torrens Primary School
Torrens, ACT, 2607 Independent K-6
Property Story
8 Olliff Place, Farrer, Act, 2607 is a residential property with 4 bedrooms, 2 bathrooms and 2 Parking spaces. The estimated value of this home is $1,355,000 while properties of this type typically sell for between $1,270,000 and $1,290,000 in this suburb. The estimated distance to the sea is 103.94km and at least 1.15KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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