Median Sale Price
House
-
Updated on Oct 2022
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2022
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 | 22 |
Median Sale Price
$590K
Based on 23 recorded sales within the last 12 months
Updated on 1 Dec 2022
Suburb Growth
+0.8%
Current Median Price: $590,000
Previous Median Price: $585,000
Based on 48 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2022)
Price Range Segments (12 months ending Nov 2022)
Median Weekly Rent Price
House
-
Updated on Oct 2022
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2022
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 | $620 | -8.1% | $336 | $950 | 75 |
| 2016 | $565 | -9.7% | $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 | $490 | -12.2% | $350 | $700 | 29 |
| 2021 | $600 | +18.3% | $300 | $800 | 26 |
| 2022 | $680 | +11.8% | $470 | $1,200 | 35 |
Median Rent Price
$675
per week
Based on 37 recorded rent within the last 12 months
Updated on 1 Dec 2022
Rent Price Growth
+8.1%
Current Median Rent: $675
Previous Median Rent: $620
Based on 62 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.9%
Current Median Price: $590,000
Current Median rent: $675
Based on 60 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2022)
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 |