OFF MARKET

2 Ferney Street
Farrar NT 0830

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 113m2
Land area: 622m2
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Property Details for 2 Ferney St, Farrar

2 Ferney St, Farrar is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2004. The property has a land size of 622m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Year Built
2004
Floor Size
113m2
Land Size
622m2
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 7976/S2000/177A

Last Listing description (June 2023)

Are you looking to invest? Grab the chance to buy your first home without crashing your bank account with this spacious three-bedroom family home located in the suburb of Farrar, perfect for the savvy investor or first home buyer. With its ideal location, this property is situated just a short distance from parklands, public transport, local hospital, and shopping centres. The home features three bedrooms, two bathrooms, an open plan living and dining area, functional kitchen, and large undercover verandah. With a neutral colour palette throughout, and durable tile flooring, this wonderfully spacious residence is perfectly appointed for relaxed living and year-round entertaining. Surely it is hard to find a quality-built home like this one at such an affordable price.

Entering the property, you will find this home has an abundant amount of natural light and is perfect for young families looking for a stylish and comfortable home close to all amenities. The large open plan living, and dining area provides the perfect opportunity to entertain and relax with family and friends. There is air conditioning, and ceiling fans throughout for extra comfort and to ensure you feel right at home.

The dining room is designed for those casual family mealtimes and has sliding door access leading to the undercover verandah.

Positioned with a view over the dining room, you will find a tidy and functional kitchen, with a white tile splash back, and oven cooktop. Featuring plenty of cupboard and bench space, and a breakfast bar with stool seating, this minimalist designed kitchen will make entertaining and cooking a breeze.

The spacious undercover verandah provides a picturesque backdrop with lovely natural breezes throughout and is suitable for entertaining guests throughout the year.

The master bedroom located at the front of the home offers air conditioning, a ceiling fan, a walk-in wardrobe, and ensuite. The ensuite features a corner glass screened shower, mirrored vanity, and toilet. The two additional bedrooms are generous in size and are situated to the side of the property. There is air conditioning and ceiling fans for extra comfort.

The main family bathroom boasts neutral tones throughout, and features a large, mirrored vanity with ample cupboard space, and a combined shower and full-size bath. There is also a separate toilet for convenience.

There is an internal laundry with external sliding door access at the side of the house, featuring a built-in sink.

This property boasts a level floorplan throughout with a carport that generously fits two vehicles with plenty of room to accommodate additional vehicles by using the driveway.

There is a lush green grass area providing lots of space for the kids and pets to enjoy, whilst offering a minimal maintenance approach to the backyard. There is a large shed for additional storage space for garden tools, machinery, or household items.

With schools, hospitals, shopping centres, parks, and public transport all on your doorstep, it is easy to see why buyers are looking here for the combination of location and convenience. The property provides excellent value for its size and location, so mark this one down for an inspection today, as it will not last long.

The Details:
Excellent location, close to everywhere and everything
Situated on a quiet street with low traffic
Three-bedroom house close to schools, parks, hospitals, and local amenities
Master bedroom features a walk-in wardrobe and ensuite
Ensuite boasts a corner glass screen shower, toilet, and vanity
Two additional bedrooms are generous in size and feature air conditioning and ceiling fans
The family bathroom features neutral tones, a combined shower and full-sized bath with separate toilet
Air-conditioning and ceiling fans throughout for extra comfort during the humid climate
Open plan living and dining area provides the perfect opportunity to entertain and relax
Tidy and functional kitchen boasts a white tiled splash back with breakfast bar and stool seating, and plenty of cupboard and bench space
Large undercover verandah, perfect for entertaining friends and family
Internal laundry features a built-in sink and external access to the side of the house
Large shed for storing your tools, machinery, and equipment
Fully fenced yard with plenty of grassed area for the kids and pets to enjoy
Carport parking that generously fits two vehicles with plenty of room to accommodate additional vehicles by using the driveway

Council Rates: Approx. $1737 per annum
Area Under Title: 662 sqm
Zoning: LR (Low Density Residential)
Status: Vacant Possession
Building Report: Available on webbook
Pest Report: Available on webbook
Settlement period: 45 Days
Deposit: 10% or variation on request
Easements as per title: None Found

Property History for 2 Ferney St, Farrar, NT 0830

A timeline of how this property has performed in the market
Last Sold
$480,000
28 Jun 2023
Listed for Rent
$290/w
20 Sep 2005
  • 28 Jun 2023
    Sold for $480,000
  • 14 Dec 2022
    Listed for Sale Under Contract
  • 25 Nov 2008
    Sold for $390,000
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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.