49A Spafford Crescent, Farrer, ACT 2607 | Property Value & History | OnTheHouse
OFF MARKET

49A Spafford Crescent
Farrer ACT 2607

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
Floor area: 146m2
Land area: 1066m2
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Property Details for 49a Spafford Cres, Farrer

49a Spafford Cres, Farrer is a 4 bedroom, 3 bathroom House with 3 parking spaces and was built in 1970. The property has a land size of 1066m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in July 2025.

Building Type
House
Year Built
1970
Floor Size
146m2
Land Size
1066m2
Local Government
Woden Valley
Lot/Plan
FARRER: Block 6, Section 26

Last Listing description (June 2026)

A rare & perfectly positioned residential site in FARRER. Vast scope to redevelop and make the most of the north-facing aspect and generous 1065.9sqm wide block with RZ2 zoning in a popular residential neighbourhood. A huge future as a potential development site, with scope for 3 luxury Townhouses (subject to approval) in a tightly-held pocket of Farrer. Create a dream home - walk to Farrer Park, Farrer Primary and local dining, cafes and grocers, it's handy to Canberra Hospital, Mawson Southland Centre, Westfield Woden & Town Centre, Bus Interchange & Top Schools, all within comfortable striking distance.

Liveable as is, it offers current rental income in its current form, while finalising its next chapter.

Highlights

Impressive Land size 1065.9 sqm
RZ2 zoning allows various residential solutions
Immediate opportunity and a compelling future
Concept drawings - 3 X 150 sqm dwellings
Current rental income - $970pw
Flexible asset in valuable location
Block walls & flat roof - easy demolition
Development potential, create value (subject to approval)
Scope for 3 luxury Townhouse (subject to approval)
Desirable north-facing aspect
Area's best pocket footsteps to Farrer Park shops & cafes
Walk to Farrer Primary school, transport & more

Existing Building
2 Flats & Triple carport
Currently leased w/ dual income
Flat1/49A Spafford Cres $650 per week - 3 bedroom
Flat2/49A Spafford Cres $320 per week - 1 bedroom
1/49A & 2/49A are currently under one title
Live, rent now, invest or land bank opportunity for the future

Contact Peter Baum sales agent for a contract of sale. Please Note - qualified buyers only will be issued a contract

Disclaimer: All information regarding this property is from sources we believe to be accurate, however, we cannot guarantee its accuracy. Interested persons should make and rely on their own enquiries in relation to inclusions, figures, measurements, dimensions, layout, furniture and descriptions.

Property History for 49a Spafford Cres, Farrer, ACT 2607

A timeline of how this property has performed in the market
Last Sold
$1,100,000
01 Jul 2025
Listed for Rent
26 Jan 2019
  • 01 Jul 2025
    Sold for $1,100,000
  • 06 Feb 2025
    Listed for Sale $1,100,000+
  • 01 Mar 2019
    Listed for Rent $550 / week
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About Farrer 2607

The size of Farrer is approximately 2.1 square kilometres. There are 11 parks, covering nearly 18.6% of the total area. The population of Farrer in 2016 was 3231 people. By 2021 the population was 3787 showing a population growth of 17.2% in the area during that time. The predominant age group in Farrer is 10-19 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 2021, 73.60% of the homes in Farrer were owner-occupied compared with 76.10% in 2016.

Farrer has 1,612 properties. Over the last 5 years, Houses in Farrer have seen a 8.29% increase in median value, while Units have seen a 20.60% increase. As at 30 June 2026:

  • The median value for Houses in Farrer is $1,329,574 while the median value for Units is $572,943.
  • Houses have a median rent of $770 while Units have a median rent of $560.
There are currently 3 properties listed for sale, and 3 properties listed for rent in Farrer on OnTheHouse. According to Cotality's data, 42 properties were sold in the past 12 months in Farrer.

Suburb Insights for Farrer 2607

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.