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Farrar Median Price
House$577,900
Unit$440,000
Land$640,800
The House price is 2% higher than last year.
Surrounding suburbs
Gunn$534,700
Johnston$594,800
Farrar rent price
A100 Farrar Boulevard, Farrar
Sold $415,000 in Jun 2014 [Rectify]
Rent $336pw in May 2015
Unit: 2 Bed rooms 1 Bath rooms 2 Car spaces
Land size: 6,901 sqm [Measure]
Agent: LJ Hooker - Darwin
Distance: 17.5 km to CBD

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Map | Nearby prices
Property Description:
6.5% gross return plus annual rental reviews. Locked in!
Buy off the plan now and save! Contracts are available now and construction starts this June for this well-priced 2 bedroom investment property. is Located in Palmerston, one of Australia's fastest growing cities and quickly becoming the preferred place to live for people working in the defence, oil & gas industries, will ensure high capital growth. If you are worried about investing due to rental vacancies the 10 year Government Head Lease on this property gives the investor the security and peace of mind of rent paid 52 weeks a year for the next 10 years. The head Lease also includes some other amazing features:
* Option for the NTG to extend another 5 years
* Rent paid 52 weeks a year. Guaranteed!
* No tenancy maintenance during the lease period
* Annual rental review
* Rent cannot drop below $520 per week during the lease period.
* Rates $1535 per annum
* Body Corporate $3232 per annum
Typically, some of the risks associated with investment property are the volatility of the rental market and unexpected costs associated with maintaining the property. Get the best of both worlds with locked in rental returns, and a great area for
Lot/Plan No: 590/13031/14
Lot/Plan No: 590/13031/14
Planning History:
[11 Jan 2014] 20 x 2 and 3 x 3 bedroom multiple dwellings in 7 single storey buildings
Search neighbour's planning permit
Recent sold:
AddressDatePrice
82 Farrar BoulevardNov 2024$630,000
76 Farrar BoulevardNov 2024$585,000
4 William StreetOct 2024$725,000
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The property data is from the auction results and realestate websites.

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