Farrer vs Pearce

Farrer (median $1,186,000) is roughly 7% cheaper to buy into than Pearce ($1,276,000).

Buying in Farrer or Pearce?

The free buying guide: what you can really spend, the schemes and stamp duty in your state, inspecting, and making the offer.
Get the free buying guide

Selling in Farrer? The free selling guide

Farrer and Pearce side by side

MeasureFarrerPearce
Price and market
Median house$1,186,000$1,276,000
Median unit$600,000$720,000
Renting
House rent$440/wk$440/wk
Unit rent$450/wk$430/wk
Owner occupied74.0%73.0%
Renter occupied16.0%25.0%
Schools
Schools nearby2020
Average ICSEA10831103
Lifestyle and people
Walk score8100
Transit score80100
Bike score100100
Population3,7872,687
Median age4343
Climate
Annual rainfall648 mm642 mm
Mean max, January28.8°C28.9°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

Pearce scores higher on walkability (8/100 vs 100/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Pearce (1103) sits above Farrer (1083).

For buyers
Farrer is the lower entry point at $1,186,000 median, 7% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Farrer offers the higher gross rental yield (1.93% vs 1.79%), favouring cash-flow investors.
For families
Pearce edges out on average school ICSEA (1103 vs 1083).

Farrer vs Pearce: common questions

Is Farrer or Pearce cheaper to buy in?

Farrer has the lower median house price at $1,186,000, roughly 7% below Pearce ($1,276,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Farrer or Pearce have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Pearce scores 1103 vs 1083 in Farrer. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Farrer or Pearce?

Pearce scores 100/100 on walkability vs 8/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Farrer or Pearce?

Gross rental yield on houses is 1.93% in Farrer vs 1.79% in Pearce. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.