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Suburb Insights ยท ACT 2607

Farrer 2607, Australian Capital Territory

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Farrer is an inner-city suburb of Canberra, Australia, with a population of approximately 3,787, making it a boutique locality. Located approximately 11 km from the Canberra CBD, Farrer is a inner city area in Australian Capital Territory. The median household income is $132,080 AUD per year (ABS 2021 Census).

Investment Score

85 / 100 Strong

Farrer benefits from a high-income resident base, supporting premium property pricing. Its proximity to the CBD adds a strong location premium.

Location

Map shows Farrer, Australian Capital Territory, Australia.

Key Indicators

Postcode
2607

Official Australia Post postcode for Farrer. A postcode may cover multiple suburbs.

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Population
3,787

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$450/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$132,080/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
11 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
2

Estimated 2 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,600/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
69% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As an inner-city location, Farrer benefits from proximity to employment, dining, and cultural precincts. Investment properties here typically attract young professionals and downsizers seeking walkable lifestyles. The median rent of $450/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,600/month. A median household income of $132,080/year supports premium property values and indicates a well-employed resident base.

Investment Strategy

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Buy & Hold

With robust local demand and income levels, Farrer is a natural candidate for patient investors.

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Rental Yield

Rental returns in Farrer are attractive relative to purchase prices, supporting positive cash flow.

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Renovation / Flip

The resale market in Farrer may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Farrer property

Full Property Analysis

30-year projections for Farrer

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Strong Rental Demand: Strong Investor Sentiment: Strong

Farrer is well-positioned for continued price appreciation through 2026, underpinned by high household incomes and location appeal. Rental demand remains robust, with low vacancy rates and growing tenant pools keeping yields competitive. Confidence in Farrer's medium-term prospects is reflected in sustained buyer interest.

Frequently Asked Questions

Is Farrer a good suburb for investment?

Farrer is a inner city area in Australian Capital Territory with a population of 3,787. The median rent is $450/week and the median household income is $132,080/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Farrer?

Key demand drivers in Farrer include employment proximity and urban lifestyle. 69% of dwellings are separate houses. The area has approximately 1 schools and 2 parks nearby.

What is the population of Farrer?

According to the ABS 2021 Census, Farrer has a population of approximately 3,787. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Farrer from the Canberra CBD?

Farrer is approximately 11 km straight-line distance from the Canberra CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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