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.
ACT › Farrer › Spafford Cres
4
Bedrooms
2
Bathrooms
2
Car spaces
838 m²
Land
200 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
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.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
ACTPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
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.
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.
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
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.”
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
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
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.
Listing material
Listed by Hayman PartnersThis elegantly renovated family home and poolside entertainer effortlessly blends comfort and convenience, positioned with a northern aspect to the rear drenching the home in beautiful natural light. A split-level design with expansive living areas, spacious bedrooms and separate indoor/outdoor entertaining spaces to suit a dynamic household; the home is finished with a blend of quality and contemporary style. Perfectly located with Farrer Ridge, schools, shopping and public transport just a short distance away. Don't miss your opportunity so secure this incredible home.
FEATURES
• Elegantly renovated family home in a quiet location
• Northern aspect to the rear
• Private street frontage
• Four generous bedrooms, all with built-in wardrobes
• Main bedroom with ensuite
• Updated main bathroom
• Gorgeous sunken living room with gas fireplace and large stacked sliding doors to the decked entertaining area
• Dedicated home office space in living room
• Updated kitchen with adjacent family room and dining area
• Kitchen with new appliances including steam oven and induction cooktop
• Servery window that connects the kitchen to the outdoor space for ease of entertaining
• Separate formal living room to the front of the home
• Freshly re-painted throughout
• European engineered oak floorboards throughout
• Ducted reverse cycle air conditioning
• Ducted gas heating
• Smart Home automation – Electric gate and motorised blinds with voice activation, weather adaptive Wi-Fi irrigation system
• Plenty of storage throughout
• Architectural internal doors
• Flat backyard with established gardens
• In-ground swimming pool
• Double carport with storage shed
• Additional off-street parking at the front
• Walking distance to Farrer shops, Farrer Primary School, Farrer Ridge, playing fields and playgrounds
• Short drive to Southlands shopping centre, The Canberra Hospital and Woden Town Centre
WHAT THE SELLERS LOVE ABOUT THE HOME
1. The flow between the indoor and outdoor spaces makes it great for family time or entertaining.
2. The deck is such a tranquil space to unwind all year round. It gets full sun in winter and is partially shaded in summer by the overhanging tree while connecting with the pool area.
3. The living spaces are so open and bright, it is serene to live in them.
4. There is a real sense of community in our neighbourhood.
5. The birds that visit add to the serenity of the yard. King parrots, rosellas and gang gangs are frequent visitors.
STATISTICS (all figures are approximate)
EER: 3.5
Living Area: 200m²
Carport: 22m²
Land Size: 838m²
Land Value: $784,000 (2023)
Construction: 1970
Rates: $1,043 per quarter
Land Tax: $2,083 per quarter (only applicable if not primary residence)
Rental Range: $900 - $950 per week
Listing description written by Brett Hayman, Hayman Partners — reproduced as published, not verified by Districts.
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