108 Farrar BoulevardFarrar NT 0830
Property Details for 108 Farrar Bvd, Farrar
Last Listing description (April 2012)
A Golden Opportunity for the Developers
Here is a most outstanding opportunity to purchase a large prime piece of vacant land zoned as MD (Multiple Dwelling).
Situated in the newly established suburb of Farrar with a fantastic 4,370m2 allotment, this is the ideal block to build a sizeable amount of units on.
Great opportunity, don't miss out!
For Expressions of Interest please contact Derek Hart on 0409 702 631
Property History for 108 Farrar Bvd, Farrar, NT 0830
- 16 Mar 2012Listed for Sale $1,900,000
- 07 Dec 2009Sold for $550,000
- 29 Jun 2006Sold for $330,000
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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.
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