Median Sale Price
House
$463K
Updated on Jan 2020
2 BR - | 3 BR $398K | 4 BR $500K |
Unit
$260K
Updated on Jan 2020
1 BR - | 2 BR - | 3 BR $260K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $535,000 | 0.0% | $400,000 | $619,000 | 12 |
| 2010 | $642,500 | +16.7% | $460,000 | $690,000 | 7 |
| 2011 | $565,000 | -13.7% | $448,000 | $959,000 | 23 |
| 2012 | $628,000 | +10.0% | $480,000 | $730,000 | 32 |
| 2013 | $615,000 | -2.1% | $50,000 | $720,000 | 37 |
| 2014 | $622,000 | +1.1% | $450,000 | $800,000 | 32 |
| 2015 | $575,000 | -8.2% | $485,000 | $676,000 | 9 |
| 2016 | $595,000 | +3.4% | $430,000 | $800,000 | 8 |
| 2017 | $575,000 | -3.5% | $450,000 | $660,000 | 14 |
| 2018 | $515,000 | -11.7% | $410,000 | $660,000 | 19 |
| 2019 | $497,000 | -3.6% | $340,000 | $550,000 | 12 |
| 2020 | $510,000 | +2.5% | $465,000 | $510,000 | 2 |
Median Sale Price
$497K
Based on 11 recorded sales within the last 12 months
Updated on 27 Feb 2020
Suburb Growth
-3.6%
Current Median Price: $497,000
Previous Median Price: $515,000
Based on 32 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$500
Updated on Jan 2020
2 BR $365 | 3 BR $430 | 4 BR $515 |
Unit
$360
Updated on Jan 2020
1 BR - | 2 BR $294 | 3 BR $415 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | - | - | - | - | - |
| 2012 | - | - | - | - | - |
| 2013 | $650 | 0.0% | $650 | $650 | 1 |
| 2014 | $670 | +3.0% | $320 | $1,115 | 29 |
| 2015 | $620 | -8.1% | $336 | $950 | 75 |
| 2016 | $580 | -6.9% | $425 | $900 | 66 |
| 2017 | $550 | -5.5% | $390 | $1,100 | 40 |
| 2018 | $550 | 0.0% | $370 | $750 | 46 |
| 2019 | $540 | -1.9% | $287 | $850 | 29 |
| 2020 | $395 | -36.7% | $395 | $395 | 1 |
Median Rent Price
$540
per week
Based on 22 recorded rent within the last 12 months
Updated on 27 Feb 2020
Rent Price Growth
-1.9%
Current Median Rent: $540
Previous Median Rent: $550
Based on 71 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.6%
Current Median Price: $497,000
Current Median rent: $540
Based on 33 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)
Auction Results For Farrar
Houses sold in Last 12 months ends 22 Feb 2020
$550K
Median Sale Price
100%
Clearance Rate
3/3
Sold/Reported
$550K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $400 K - $600 K (Median Price Range) | 2 | |
Schools closest to Farrar, NT 0830
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Walungurru School | N/AKintore 0872 | Primary | Government | 0.97 km |
| Gray Primary School | 22 VICTORIA DRGray 0830 | Primary | Government | 1.65 km |
| Bakewell Primary School | 5 HUTCHISON TCEBakewell 0832 | Primary | Government | 1.75 km |
| Durack Primary SchoolTop 20 | 50 WOODLAKE BVDDurack 0830 | Primary | Government | 1.75 km |
| Driver Primary School | 37 DRIVER AVEDriver 0830 | Primary | Government | 1.8 km |
| Gawa Christian School | Elcho Island 0822 | Combined | Independent | 2.08 km |
| Sacred Heart Catholic Primary School | EMERY AVENUEWOODROFFE 0830 | Primary | Catholic | 2.25 km |
| Palmerston Senior CollegeTop 20 | 10 TILSTON AVEDriver 0830 | Secondary | Government | 2.61 km |
| MacKillop Catholic CollegeTop 20 | FARRAR BOULEVARDJohnston 0832 | Secondary | Catholic | 3 km |