8 Prescott StreetFarrer ACT 2607
Property Details for 8 Prescott St, Farrer
8 Prescott St, Farrer is a 4 bedroom, 3 bathroom House with 3 parking spaces and was built in 1972. The property has a land size of 1841m2 and floor size of 191m2. While the property is not currently for sale or for rent, it was last sold in July 2019.
Last Listing description (July 2019)
Sitting on an incredible 1,841m2 (approx.) block just below Farrer Ridge, this is a property of grandeur and potential. An exceptional four bedroom home designed to take in the aspect while providing a flexible floor-plan for family living and a complete renovators dream. This is an opportunity rarely seen, don't miss your chance to secure an extraordinary future.
FEATURES
- Double brick two story home
- 1,841m2 (approx.) elevated block with views to Isaacs Ridge
- Four generous bedrooms
- Three bathrooms
- Original character finishes with impressive footprint for renovations
- Flexible floor-plan designed for family living
- Downstairs rumpus room with potential for separate accommodation conversion
- Double lock up garage with internal access and single carport
- Workshop/storage room
- Ducted gas heating and reverse cycle air conditioning
- Proximity to local shops and schools, Canberra Hospital and Westfield Woden
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: 1.5
Home Size: 191m2 (excluding rumpus room)
Garage Size: 47m2 (including storage room)
Construction: 1972
Land Size: 1,841m2
Land Value: $652,000 (2018)
Rates: $1,070 per quarter
Land Tax: $1,708 per quarter (only applicable if rented)
* Please note, all figures are approximate.
Property History for 8 Prescott St, Farrer, ACT 2607
- 30 Jul 2019Sold for $1,000,000
- 18 Jul 2019Listed for Sale Auction
- 01 Sep 2017Transferred
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0About 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.
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