All About Farrell Flat, Goyder, SA, 5416
Farrell Flat, located in the Goyder region of South Australia, offers a unique housing market characterized by its affordability and charm. The town is predominantly composed of spacious homes that reflect its rich history and rural setting. Buyers often find that the cost of housing here is significantly lower compared to urban areas, making it an attractive option for those seeking a quieter lifestyle without breaking the bank. The market here is mostly steady, with properties moving at a moderate pace, allowing potential homeowners ample time to consider their options. Additionally, there is a mix of both historical homes and modern dwellings, offering a range of choices to suit different preferences.
Living in Farrell Flat provides a peaceful and tight-knit community atmosphere. The town is surrounded by picturesque landscapes, including rolling hills and farmlands, offering a scenic backdrop that enhances the tranquility of rural life. Residents enjoy a simpler, slower-paced lifestyle, with community events and local gatherings being central to social life. Essential services and amenities are within reach, although some may find themselves traveling to nearby towns for a wider selection. Despite its small size, Farrell Flat exudes charm and offers a quality of life that appeals to those who appreciate space, nature, and a sense of community.
Household Makeup
| Median Weekly Rent | $200.00 |
| Median Monthly Mortgage | $835.00 |
| Median Persons Per bed houseroom | 0.80 |
| Average Household Size | 2.00 |
| Average Age | 53.00 |
| Average Income | $489.00 |
| Average Cars Per Dwelling | 2.42 |
| Average Properties Within 50M | 3 |
| Typical 1 bed house | |
| Typical 2 bed house | $200,000 |
| Typical 3 bed house | $282,000 |
| Typical 4 bed house | $418,000 |
| Typical 5 bed house | $733,000 |
| Typical 6 bed+ house |
Housing Stock
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Farrell Flat Real Estate Market Outlook
Thinking about buying in Farrell Flat? Now could not be a better time, with just 406 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $664,000 with prices in this suburb ranging from $17,000 to $758,000. The aproximate distance to the coast is 65 Km.
In Farrell Flat there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Farrell Flat due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Farrell Flat leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Farrell Flat to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Farrell Flat the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property ValuationHouses for sale Farrell Flat
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4-6 Patterson Terrace, Farrell Flat, SA, 5416 |  4 |
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Under Offer |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Farrell Flat there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Farrell Flat weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 0.8 | 15.3 | 30.9 | 23.3 | 74.5 | 3.1 | 27.6 |
| Feb | 1.1 | 14.9 | 29.5 | 27.3 | 77.7 | 2.9 | 23.8 |
| Mar | 0.8 | 12.5 | 26.3 | 30.9 | 83.9 | 2.7 | 19.1 |
| Apr | 1.5 | 9.7 | 22.3 | 38.0 | 86.8 | 2.5 | 15.0 |
| May | 2.0 | 6.7 | 16.9 | 51.8 | 94.2 | 2.5 | 10.9 |
| Jun | 1.7 | 4.0 | 13.7 | 57.3 | 96.4 | 2.4 | 9.5 |
| Jul | 2.1 | 4.1 | 13.2 | 60.4 | 97.0 | 2.9 | 9.4 |
| Aug | 2.0 | 4.1 | 14.1 | 54.1 | 96.0 | 2.9 | 11.9 |
| Sept | 2.0 | 6.2 | 17.8 | 46.3 | 94.1 | 3.2 | 16.9 |
| Oct | 1.4 | 8.3 | 21.6 | 35.9 | 90.0 | 3.1 | 22.2 |
| Nov | 1 | 10.2 | 25.1 | 27.3 | 87.0 | 3.1 | 25.1 |
| Dec | 1.2 | 13.3 | 28.6 | 24.7 | 79.5 | 3.3 | 28.1 |
source: Australian Government Bureau of Meteorology
General Points of Interest
Farrell Flat Golf course - Less than 1 KM
Nearby Suburbs
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