OFF MARKET

5 Scott Court
Farrar NT 0830

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 105m2
Land area: 734m2
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Property Details for 5 Scott Ct, Farrar

5 Scott Ct, Farrar is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2009. The property has a land size of 734m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in November 2008.

Building Type
Unit
Year Built
2009
Floor Size
105m2
Land Size
734m2
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 7910/S2006/205A

Last Listing description (January 2015)

CALLING ALL INVESTORS!
This secure investment property is situated in the quiet and convenient suburb of Farrar offering a guaranteed rent under a DHA lease for the next four years. Located only minutes from Yarrawonga, Palmerston CBD and public transport. This five-year-old solid constructed property is waiting for an astute investor!
What we love about this property:

- Four great sized bedrooms all with built in robes and split system air-conditioning
- Main bedroom includes a spacious and modern ensuite and large robes
- Plenty of living space that is generous in size including the rarity of having a media room as well as a living area.
- Well appointed kitchen with the added bonus of modern light fittings including; ample top and bottom cupboards and bench space with servery, double sink, wall oven, gas stove top and range hood plus a good size pantry
- The main bathroom consists of bath with separate shower and basin with vanity
- Internal laundry with side door access
- Verandah with low maintenance garden plus garden shed
- Security windows and doors throughout
Great tenants occupy this property and with a rent return of $695.00 per week, this is one you must add to your portfolio!
?Make a start with Derek Hart?

Property History for 5 Scott Ct, Farrar, NT 0830

A timeline of how this property has performed in the market
Last Sold
$183,000
26 Nov 2008
  • 11 Jul 2014
    Listed for Sale $695,000
  • 26 Nov 2008
    Sold for $183,000
  • 23 Feb 2007
    Sold for $150,000

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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 682 properties. Over the last 5 years, Houses in Farrar have seen a 26.81% increase in median value, while Units have seen a 31.74% increase. As at 31 August 2024:

  • The median value for Houses in Farrar is $601,516 while the median value for Units is $371,861.
  • Houses have a median rent of $670 while Units have a median rent of $560.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Farrar on OnTheHouse. According to CoreLogic's data, 41 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.