Thinking about buying in Farrer? Now could not be a better time, with 2109 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,160,000 with prices in this suburb ranging from $175,000 to $6,991,000. The aproximate distance to the coast is 103 Km.
Median Weekly Rent | $449.22 |
Median Monthly Mortgage | $2084.56 |
Median Persons Per Bedroom | 0.80 |
Average Household Size | 2.33 |
Average Age | 44.89 |
Average Income | $1167.67 |
Average Cars Per Dwelling | 1.67 |
Average Properties Within 50M | 33 |
1 Bed  $761,000 |
2 Bed  $806,000 |
3 Bed  $1,077,000 |
4 Bed  $1,325,000 |
5 Bed  $1,486,000 |
6 Bed+$1,558,000 |
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.
119 HAWKESBURY CR, FARRER, ACT, 2607 | 4 | 3 | 2 | $3,700,000 - $3,850,000 | |
3 WATT PL, FARRER, ACT, 2607 | 4 | 3 | 2 | $1,499,000+ | |
6 BETCHE PL, FARRER, ACT, 2607 | 4 | 3 | 2 | Under Offer | |
8 OLLIFF PL, FARRER, ACT, 2607 | 4 | 2 | 2 | Auction: Saturday 16th November on site @10am |
Farrer Primary School
Torrens Primary School
Sacred Heart Primary School
Melrose High School
Wanniassa Hills Primary School
Marist College Canberra
Mawson Primary School
Canberra Christian School
(While the above schools are located with the suburb of Farrer there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 14.1 | 30.7 | 28.7 | 87.9 | 3.6 | 25.2 |
Feb | 2.4 | 13.4 | 27.9 | 36.3 | 91.4 | 3.6 | 21.2 |
Mar | 3.2 | 11.3 | 24.4 | 42.8 | 94.5 | 3.3 | 17.0 |
Apr | 1.3 | 7.4 | 21.3 | 42.8 | 94.9 | 2.7 | 13.9 |
May | 1.1 | 2.4 | 16.4 | 47.7 | 96.9 | 2.5 | 11.0 |
Jun | 1.8 | 1.4 | 13.3 | 55.8 | 97.4 | 2.8 | 8.9 |
Jul | 1.1 | 0.6 | 12.7 | 54.4 | 95.9 | 3.8 | 9.5 |
Aug | 1.4 | 0.6 | 14.0 | 45.3 | 94.7 | 3.6 | 12.6 |
Sept | 1.8 | 3.1 | 17.8 | 41.0 | 93.8 | 3.6 | 17.0 |
Oct | 1.8 | 6.2 | 21.4 | 36.9 | 93.0 | 3.5 | 20.7 |
Nov | 2.1 | 9.5 | 25.4 | 30.9 | 89.1 | 4.3 | 25.0 |
Dec | 1.9 | 12.4 | 28.6 | 27.9 | 87.8 | 3.6 | 26.6 |
source: Australian Government Bureau of Meteorology
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