OFF MARKET

6/89 Farrar Boulevard
Farrar NT 0830

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 68m2
Land area: 192m2
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Last updated 28 Oct 2024
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Property Details for 6/89 Farrar Bvd, Farrar

6/89 Farrar Bvd, Farrar is a 2 bedroom, 2 bathroom House and was built in 2015. The property has a land size of 192m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in March 2015.

Building Type
House
Year Built
2015
Floor Size
68m2
Land Size
192m2
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 13025/UTS2015/007

Last Listing description (October 2024)

Online Applications will NOT be accepted. To apply:
Contact the Affordable Housing Team on 8999 8549 or affordable.housing@nt.gov.au
Please do not contact marketing agent.

This apartment is being rented at 30 percent below market rent and is provided under the Northern Territory Government's Affordable Housing Scheme.
National Rental Affordability Scheme eligibility requirements apply to this dwelling.

These unfurnished, ground floor units are in an unbeatable location being within a short distance to the heart the Palmerston CBD. Ideal for small families and couples, this complex is also pet friendly (on application).
Short Term Lease only
*Images may not depict specific unit available

Property features:
o Generous sized bedrooms with built-in wardrobes & mirrored sliding doors
o Open planned kitchen and living
o Internal laundry
o Fully air conditioned with tiled floors throughout
o NBN Ready
o Low maintenance private fenced yard
o Undercover parking
o Pets on application

This property is a National Rental Affordability Scheme (NRAS) dwelling.
NRAS Household income limits and eligibility requirements apply see:
https://www.dss.gov.au/housing-support-programs-services-housing-national-rental-affordability-scheme-living-in-an-nras-property/nras-household-income-indexation

To apply:
Contact the Affordable Housing Team on 8999 8549 or affordable.housing@nt.gov.au

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Property History for 6/89 Farrar Bvd, Farrar, NT 0830

A timeline of how this property has performed in the market
Last Sold
$415,000
19 Mar 2015
Listed for Rent
$294/w
10 Jul 2017
  • 04 Oct 2024
    Listed for Rent $301 / week
  • 08 Jan 2024
    Listed for Sale $330,000
  • 12 May 2017
    Listed for Rent $294 / 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 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.

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