OFF MARKET

1/1 Inverway Circuit
Farrar NT 0830

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 88m2
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Last updated 11 Nov 2024
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Property Details for 1/1 Inverway Cct, Farrar

1/1 Inverway Cct, Farrar is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2010. The property has a floor size of 88m2.

Building Type
Unit
Year Built
2010
Floor Size
88m2
Local Government
Palmerston

Last Listing description (June 2017)

Backing onto a nature strip, sits this contemporary two bedroom ground level unit only minutes from Palmerston CBD and situated in a near new complex .
Features include
* Sleek, modern two bedroom apartment

* Open plan living and separate dining area
* Centralised, galley style, kitchen
* Master bedroom complete with en-suite
* Each bedroom has BIR, Air-conditioned and tiled flooring
* Large main bathroom with a combined laundry
* Private rear entertaining verandah
* Undercover parking for 2 vehicles
* Close proximity to Palmerston CBD
* Walk to local park lands or ride the bike paths
Call Jody for your exclusive viewing !!

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Property History for 1/1 Inverway Cct, Farrar, NT 0830

A timeline of how this property has performed in the market
Listed for Rent
$400/w
22 Jun 2017
  • 20 May 2017
    Listed for Rent $400 / week
  • 12 Dec 2016
    Listed for Rent - Price not available
  • 18 Sep 2013
    Listed for Sale $439,000

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About Farrar 0830

The size of Farrar is approximately 1.5 square kilometres. It has 4 parks covering nearly 7.2% of total area. The population of Farrar in 2011 was 1,409 people. By 2016 the population was 1,500 showing a population growth of 6.5% in the area during that time. The predominant age group in Farrar is 30-39 years. Households in Farrar are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Farrar work in a trades occupation. In 2011, 56.5% of the homes in Farrar were owner-occupied compared with 52% in 2016.

Farrar has 680 properties. Over the last 5 years, Houses in Farrar have seen a 24.90% increase in median value, while Units have seen a 32.79% increase. As at 31 October 2024:

  • The median value for Houses in Farrar is $587,257 while the median value for Units is $368,625.
  • Houses have a median rent of $655 while Units have a median rent of $580.
There are currently 6 properties listed for sale, and 3 properties listed for rent in Farrar on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Farrar.

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