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Sold on 31 Jul 2024 - Price Unavailable

2 Magoffin Street
Farrar NT 0830

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 736m2
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Property Details for 2 Magoffin St, Farrar

2 Magoffin St, Farrar is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 736m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Farrar in the last 12 months.

Building Type
House
Land Size
736m2

Last Listing description (July 2024)

Designed with the family in mind, this lifestyle property is nestled in a quiet court setting with other established homes that feed onto a central green belt with playgrounds for the kids to enjoy, outdoor entertaining areas and wide-open greenspaces to run the dog or kick a footy around. Inside the home is a formal foyer to greet your guests.
The home is tiled throughout with air-conditioning for comfort. Further in is the dining room adjacent to the kitchen with sliding doors through to the outdoor entertaining spaces. The kitchen has overhead storage and wrap around counters plus a pantry and pool views from the windows. The master bedroom suite includes sliding door access to the verandah plus a private ensuite bathroom and a walk-in robe as well. 3 additional bedrooms all reside towards the front of the home, and each includes tiles and air-conditioning and 2 with built in robes.
The main bathroom hosts a bathtub and separate shower with central vanity and separate toilet.

From the verandah there are views over the in-ground swimming pool. There are tropical gardens and paved surroundings making it a great space to hang out. A small pad area is great for the BBQ and there is a swing for the kids to enjoy. Around the back of the home are tropical gardens and easy-care lawns plus a garden shed and mounted clothesline as well. This house also comes with solar panels to help minimize energy costs.
This home has a unique location in a quiet court setting and is only moments from all your everyday amenities.

Loaded with perks including lease til 29th December 2024 at $640 pw
Council rates approx $1700 per annum

Property History for 2 Magoffin St, Farrar, NT 0830

A timeline of how this property has performed in the market
Last Sold
31 Jul 2024
Listed for Rent
$650/w
22 Nov 2023
  • 24 Jul 2024
    Sold for $549,000
  • 08 May 2024
    Listed for Sale Not Disclosed
  • 08 Nov 2023
    Listed for Rent $650 / week
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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 681 properties. Over the last 5 years, Houses in Farrar have seen a 20.28% increase in median value, while Units have seen a 28.75% increase. As at 30 November 2024:

  • The median value for Houses in Farrar is $583,561 while the median value for Units is $363,043.
  • Houses have a median rent of $650 while Units have a median rent of $583.
There are currently 2 properties listed for sale, and 2 properties listed for rent in Farrar on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Farrar.

Suburb Insights for Farrar 0830

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Sharron Durkin
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Renee Brant
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Renees Realty NT
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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.