Farrar, NT 0830

Farrar, NT 0830

Compare Part of Palmerston

16.18 km
Distance from CBD
N/A
Population
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