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.
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:
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:
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