SOLD
Sold on 05 Jul 2024 for $490,000

6 Ferney Street
Farrar NT 0830

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 152m2
Land area: 594m2
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Property Details for 6 Ferney St, Farrar

6 Ferney St, Farrar is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2000. The property has a land size of 594m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Farrar in the last 12 months.

Building Type
House
Year Built
2000
Floor Size
152m2
Land Size
594m2
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 7974/S2000/177A

Last Listing description (June 2024)

This three-bedroom residence is nestled amidst low-maintenance gardens in the sought-after suburb of Farrar.

6.0KW Solar set up with top of the range LG Neon 2 panels with Tesla Battery Backup.

The home has open plan lounge and dining areas and the kitchen boasts ample bench space, a dishwasher and lots of cupboard space.

Fully air conditioned throughout and all bedrooms have built-in robes including the master bedroom which is complemented by an ensuite.

Outside, a built-in verandah extends the living space, providing shaded relaxation for entertaining, overlooking the inviting inground pool. The spacious yard offers ample play area for children, with side access available for boats, trailers, or caravans.

This home ensures easy commuting with just a three-minute drive to the Palmerston CBD and nearby amenities, promising convenience at your doorstep. Don't miss outschedule a viewing today!

Council Rates: $1,906 per annum (approx.)
Date Built: 2001
Area Under Title: 594 square metres
Zoning Information: LR (Low Density Residential)
Status: Leased at $600 per week
Lease Expiry: 19/06/24
Swimming Pool: Compliant to Modified Australian Standard
Easements as per title: None found

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Property History for 6 Ferney St, Farrar, NT 0830

A timeline of how this property has performed in the market
Last Sold
$490,000
05 Jul 2024
Listed for Rent
$600/w
26 May 2023
  • 05 Jul 2024
    Sold for $490,000
  • 19 Apr 2024
    Listed for Sale SOLD
  • 09 May 2023
    Listed for Rent $600 / 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 24.90% increase in median value, while Units have seen a 32.79% increase. As at 31 October 2024:

  • The median value for Houses in Farrar is $587,257 while the median value for Units is $368,625.
  • Houses have a median rent of $655 while Units have a median rent of $580.
There are currently 8 properties listed for sale, and 3 properties listed for rent in Farrar on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Farrar.

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