Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
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 | $725,000 | 37 |
| 2014 | $622,000 | +1.1% | $450,000 | $800,000 | 32 |
| 2015 | $575,000 | -8.2% | $485,000 | $676,000 | 9 |
| 2016 | $590,000 | +2.5% | $430,000 | $800,000 | 8 |
| 2017 | $575,000 | -2.6% | $450,000 | $660,000 | 14 |
| 2018 | $515,000 | -11.7% | $410,000 | $660,000 | 19 |
| 2019 | $500,000 | -3.0% | $340,000 | $595,000 | 12 |
| 2020 | $466,000 | -7.3% | $360,000 | $629,000 | 21 |
| 2021 | $585,000 | +20.3% | $390,000 | $910,000 | 25 |
| 2022 | $590,000 | +0.8% | $450,000 | $780,000 | 24 |
| 2023 | $570,000 | -3.5% | $440,000 | $830,000 | 17 |
| 2024 | $724,000 | +21.3% | $550,000 | $810,000 | 4 |
Median Sale Price
$600K
Based on 18 recorded sales within the last 12 months
Updated on 18 Apr 2024
Suburb Growth
+5.0%
Current Median Price: $600,000
Previous Median Price: $570,000
Based on 36 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
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% | $400 | $1,115 | 29 |
| 2015 | $640 | -4.7% | $336 | $950 | 75 |
| 2016 | $565 | -13.3% | $380 | $900 | 67 |
| 2017 | $550 | -2.7% | $390 | $1,100 | 40 |
| 2018 | $550 | 0.0% | $380 | $750 | 47 |
| 2019 | $550 | 0.0% | $287 | $1,200 | 30 |
| 2020 | $500 | -10.0% | $390 | $820 | 29 |
| 2021 | $600 | +16.7% | $300 | $800 | 26 |
| 2022 | $690 | +13.0% | $470 | $1,200 | 46 |
| 2023 | $690 | 0.0% | $329 | $1,555 | 35 |
| 2024 | $700 | +1.4% | $329 | $880 | 4 |
Median Rent Price
$700
per week
Based on 30 recorded rent within the last 12 months
Updated on 18 Apr 2024
Rent Price Growth
+1.4%
Current Median Rent: $700
Previous Median Rent: $690
Based on 79 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+6.1%
Current Median Price: $600,000
Current Median rent: $700
Based on 48 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
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 |