17 Bowrey CrescentFarrar NT 0830
Property Details for 17 Bowrey Cres, Farrar
Last Listing description (September 2017)
This absorbing new development goes beyond its exciting visual aspect to offer the ideal alternative by providing those looking for a stylish, affordable apartment that believe it or not is to be built just 800 metres from the new Hospital that is currently under construction in Palmerston. Uniquely designed on a 943 square metre parcel of land with attributes that will surprise and astonish those that want to secure a quality property that will have an attraction to the First Home Owner, single or couple, Investor looking for that ideal location, or simply just those looking to downsize. Sitting proudly on the ever so close outskirts of the Palmerston CBD, immerse yourself in the location as it develops and takes shape within what will certainly become a new hub. Observe the capacity of the surrounds and imagine now owning a part of the new arena that in time will become a reality. Proximity is king when walking home will become a reality. The experience is felt as you view this modern concept of sensory transference presenting with high set ceilings capturing natural light and filled with modern day design and quality fittings and fixtures. From your spacious one bedroom apartment the degree of separation are a feature as you meander down the passage to your open plan kitchen and lounge extending to a very private patio and garden courtyard. Dreams do come true, affordable, comfortable and very live-able with privacy assured within these 6 boutique ground level apartments. THIS IS A MUST CONSIDER DEVELOPMENT! Council Rates: Approximately $1200.00 per annum Court Yard AREA: From 14.6 M2 Dwelling AREA: From 46.5 M2 Anticipated Body Corporate: From $745.00 per quarter RENT: On Application
Property History for 17 Bowrey Cres, Farrar, NT 0830
- 22 Jul 2019Sold for $418,000
- 11 May 2017Sold for $349,000
- 07 Jan 2017Listed for Rent - Price not available
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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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