OFF MARKET

2 Watt Place
Farrer ACT 2607

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 126m2
Land area: 1252m2
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Property Details for 2 Watt Pl, Farrer

2 Watt Pl, Farrer is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1968. The property has a land size of 1252m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last transferred in February 2019.

Building Type
House
Year Built
1968
Floor Size
126m2
Land Size
1252m2
Local Government
Woden Valley
Lot/Plan
FARRER: Block 2, Section 21

Last Listing description (March 2019)

This immaculately-kept 1960s home has a prime position, backing reserve on an incredible parcel of land delivering in excess of 1,200m2. A converted garage is bursting with potential as a secondary dwelling, home business space or teenage retreat. The ideal first-home buyer house or entry opportunity in the highly sought-after Woden Valley.
- Single level, beautifully presented and easy care
- Three generous bedrooms with built-in storage

- Centrally located kitchen with electric appliances
- Light and bright with neutral tones throughout
- Converted garage with separate workshop and water closet
- Two spacious living areas
- Ducted gas heating and reverse cycle air conditioner
- Spectular views over the reserve
- Covered alfresco and outdoor entertaining space
- Carport and ample off street parking
GET TO KNOW FARRER
Named for William James Farrer, the suburb's streets are named after agriculturalists, with the exception of Lambrigg Street, which was the name of Farrer's property in Tharwa. Residents value this area in the Woden Valley due to it's central and convenient location to all areas of the city. It's a lifestyle-rich area with cafes, all amenities, nature reserves and a plethora of schools at your doorstep. The area is family friendly with a great mix of young families and long term owner-occupied residences. The position allows convenient access to Canberra's exceptional road system.
STATISTICS
EER: 0.5
House Size: 147m2
Carport Size: 56m2
Land Size: 1,252m2
Construction: 1967
Land Value: $539,000 (2018)
Rates: $841 per quarter
Land Tax: $1,310 per quarter (only applicable if rented)
Rental Range: $500 - $530 per week
* Please note, all figures are approximate.

Property History for 2 Watt Pl, Farrer, ACT 2607

A timeline of how this property has performed in the market
Last Transferred
$750,000
21 Feb 2019
  • 02 Feb 2021
    Transferred
  • 21 Feb 2019
    Sold for $750,000
  • 07 Feb 2019
    Listed for Sale Auction

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About Farrer 2607

The size of Farrer is approximately 2.1 square kilometres. It has 11 parks covering nearly 18.6% of total area. The population of Farrer in 2011 was 3,357 people. By 2016 the population was 3,212 showing a population decline of 4.3% in the area during that time. The predominant age group in Farrer is 40-49 years. Households in Farrer are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Farrer work in a professional occupation. In 2011, 76.2% of the homes in Farrer were owner-occupied compared with 76.1% in 2016.

Farrer has 1,613 properties. Over the last 5 years, Houses in Farrer have seen a 52.73% increase in median value, while Units have seen a 7.65% increase. As at 31 October 2024:

  • The median value for Houses in Farrer is $1,331,067 while the median value for Units is $473,502.
  • Houses have a median rent of $670 while Units have a median rent of $535.
There are currently 4 properties listed for sale, and 4 properties listed for rent in Farrer on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in Farrer.

Suburb Insights for Farrer 2607

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.