OFF MARKET

1/1 Inverway Circuit
Farrar NT 0830

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 88m2
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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 !!

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 31.49% increase in median value, while Units have seen a 32.13% increase. As at 30 September 2024:

  • The median value for Houses in Farrar is $601,430 while the median value for Units is $369,078.
  • Houses have a median rent of $675 while Units have a median rent of $580.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Farrar on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Farrar.

Suburb Insights for Farrar 0830

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.