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3 Watt Place,
Farrer ACT 2607

This property is Off Market

All about Farrer Homes for sale in Farrer


  • 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 104.93 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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Recently Sold Properties in this Area

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About Farrer

With an average age of 39, households expect an average monthly mortgage payment of $2,600 or a weekly rent payment of $480. The average family earns a weekly income of $2,952 with a typical household size of 2.8 and a 93.49% 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

General Points of Interest


Population

(Country of Birth not stated 2%)

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

  • Farrer Primary School

    Farrer, ACT, 2607 Independent K-6

  • Marist College Canberra

    Pearce, ACT, 2607 Independent 4-12

  • Melrose High School

    Pearce, ACT, 2607 Independent 7-10


Property Story

3 Watt Place, Farrer, Act, 2607 is a residential property . The estimated distance to the sea is 104.93km and at least 1.48KM 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

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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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