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ACT › Farrer › Prescott St

22 Prescott St, Farrer ACT 2607

House

5

Bedrooms

3

Bathrooms

3

Car spaces

922 m²

Land

228 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • CalculationLand 922 m² against a 228 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Farrer (last 5 years) with land size: median $1,500/m² of land (n=18). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.
  • FactZoned RZ1 (RZ1) under the FARRER.(ACTmapi · 30 Aug 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Farrer (last 5 years) with land size have a median of $1,500/m² of land (n=18). Districts calculation from recorded sales — not a valuation.

Farrer at a glance

3,816

People

$1,195,000

Median sale

$450/wk

Median rent

1.96%

Suburb gross yield

Median sale from 9 recorded sales (last 12 months) — a Districts calculation.

See the full Farrer report →

Planning

Planning and development

Planning scheme

FARRER

Zone

RZ1

RZ1

Jurisdiction

Unincorporated ACT

Unincorporated ACT, ACT

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: ACTmapi
  • Dataset: Territory Plan Land Use Zones
  • Retrieved: 30 Aug 2026
  • Version: 1
  • Parcel: 33340530009

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Soldprice unknown16 Aug 2025
  2. Listedprice unknowncompleted23 July 2025
  3. Listedprice unknowncompleted23 July 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

ACT

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned RZ1 (FARRER). Official parcel area about 924 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $450/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned RZ1 (FARRER). Official parcel area about 924 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. This jurisdiction has no comparable official bond series in the free set.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    Official parcel about 924 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Farrer in one glance

Farrer at a glance

3,816

People

$1,195,000

Median sale

$450/wk

Median rent

1.96%

Suburb gross yield

Median sale from 9 recorded sales (last 12 months) — a Districts calculation.

See the full Farrer report →

Keep researching

  • Why Farrer? Read the area thesis →
  • What else is on the market in Farrer →
  • Other records on Prescott St →

Listing material

Listed by Hayman Partners

Renovated Dual-Living Family Home with Stylish Updates & Income Potential

Set in a peaceful pocket of Farrer and capturing sweeping views over the surrounding landscape, this beautifully updated two-storey residence offers flexible living, quality renovations, and the perfect layout for modern family life or multi-generational living. With a self-contained flat on the lower level, extensive upgrades throughout the main residence, and multiple entertaining spaces, this home is as versatile as it is impressive.

Lovingly renovated in 2023, the main level features a stunning designer kitchen, luxurious bathrooms, zoned ducted air conditioning, and spacious light-filled interiors. Whether you're entertaining on the elevated rear balcony, relaxing around the firepit, or utilising the lower-level flat for extended family, guests or rental income, this property offers a lifestyle of flexibility, space, and style.

Property highlights:

Read the full description

• Two-storey, renovated family home with self-contained flat

• Extensive 2023 renovations to upstairs: kitchen, laundry & bathrooms

• Designer kitchen with Fusion Granite benchtops, black appliances, glass splashback & gas cooktop

• Spotted gum flooring in kitchen; new Bremworth carpet in living area and bedrooms

• Four spacious bedrooms upstairs, all with built-in robes

• Large master suite with generous built-in storage

• Designer bathrooms with premium finishes

• Ducted air conditioning with AirTouch Zoning (installed 2023)

• Spacious front terrace with elevated views

• Rear entertainer's balcony off dining area + separate firepit entertaining zone

• Self-contained flat on lower level with kitchen/living, bathroom, laundry & bedroom – ideal for rental, guests or home business

• Home gym with split system A/C (installed 2025), located at rear of garage

• High-clearance double garage with panel lift door, suitable for 4WDs + additional parking

• Landscaped grounds, fenced backyard & side access

Offering generous proportions, high-quality updates and unmatched flexibility, this Farrer home is perfect for growing families, investors, home-based professionals or anyone looking for space with future potential.

EER: 3.0

Rates: $4,895 pa (approx.)

Land Tax: $10,158 pa (approx.)

Lower Residence: 62.5m²

Upper Residence: 166.08m²

Garage and Workshop: 103.58m²

Land Size: 922m²

Land Value: $811,000 (2025)

Nearby

• Farrer Primary School

• Melrose High School

• Canberra College

• The Canberra Hospital

• Farrer Shops

• Erindale Shopping Centre

• Farrer Ridge

• Playgrounds and Nature Reserve

Listing description written by Brett Hayman, Hayman Partners — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.