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.
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
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.
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:
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