40 Drevermann Street, Farrer ACT 2607

40 Drevermann Street, Farrer ACT 2607
6-bedroom Farrer home | 973sqm block | auction 13 June | strong school catchment This property presents a rare configuration in Farrerโ€”six bedrooms with three bathrooms and five parking spaces on 973 square metres. The 324-square-metre internal area positions it well for multigenerational households or buyers requiring dedicated home-office space. Its proximity to Farrer Primary School and Melrose High School strengthens appeal among family buyers, while the 100% owner-occupier street profile suggests stable long-term demand. The auction campaign, commencing 15 May, indicates the agent expects competitive interest rather than a quiet sale. The bedroom discrepancy across databases warrants verificationโ€”if the sixth room is a study without a wardrobe, it may not count for all lenders or valuers. The 2001 last sale date means no recent price anchor exists, increasing reliance on comparable sales within a narrow window. Buyers should budget for potential updates given the holding period. The block size and floor area offer future extension potential, though zoning constraints need confirmation. This property suits a buyer prioritising space and school access over turnkey condition.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 40 Drevermann Street, Farrer ACT 2607
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Farrer is an established, high-income suburb predominantly attracting established professionals seeking family-oriented living. Demand is underpinned by this affluent demographic, supporting steady transaction activity despite a constrained supply of houses. Recent price trends have softened, reflecting broader market sensitivity, while the suburb’s fundamental appeal and demographic strength provide a stable base for future growth, though affordability remains a key constraint.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

6

Bathroom

3

Parking

5

Land

973mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat