Property value increases in Farrer have tracked just lower than the ACT average of 5.35% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Farrer has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Farrer should be aiming for at least -5.87% off the asking price, which is the average vendor discount being achieved at the moment.
Farrer, 2607’s gross rental yield is 4.40%
Farrer, 2607 ranked 69th in ACT when comparing growth in median property values or capital gain over the last 12 months. Farrer is one of 126 in our list for ACT
Renters in Suburb are facing rents around $20670 per annum or $397.5 every week.