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Sold on 29 Jul 2024 for $550,000

72 Farrar Boulevard
Farrar NT 0830

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 740m2
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Property Details for 72 Farrar Bvd, Farrar

72 Farrar Bvd, Farrar is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 740m2. 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
Land Size
740m2

Last Listing description (July 2024)

This well cared for beauty perched at the top of Farrar Boulevard offers a rare turnkey opportunity for an affordable price! Suited to the savvy investor with tenants already in place, or first home buyers looking for a safe, central location to raise a family.

Showcasing;
* 3 Bedrooms with mirrored built-ins

* 2 Bathrooms, ensuite to master bedroom
* Separate toilet to main bathroom
* Dedicated study or 4th bedroom with air-conditioning & cabinetry
* Modern kitchen with storage galore
* Open plan living & dining
* Tiles & split system air-conditioning throughout
* Security screens to all doors & windows
* Internal laundry with storage & external access
* Double carport with additional off-street parking available
* Side access to store your toys securely
* Covered rear patio overlooking pool & backyard
* In-ground salt-water pool
* Spacious backyard with established screening gardens
* Small garden shed
* Solar panels & solar hot water

Year Built - 2003
Area Under Title - 740 Sqm
Council Rates - Approx $1,972 pa
Easements - Electricity supply to left side boundary
Status: Tenanted to 24th May 2024 at $600pw

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Property History for 72 Farrar Bvd, Farrar, NT 0830

A timeline of how this property has performed in the market
Last Sold
$550,000
29 Jul 2024
Listed for Rent
$550/w
07 Oct 2011
  • 29 Jul 2024
    Sold for $550,000
  • 27 Feb 2024
    Listed for Sale Not Disclosed
  • 11 Oct 2012
    Sold for $525,000
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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 680 properties. Over the last 5 years, Houses in Farrar have seen a 28.71% increase in median value, while Units have seen a 37.60% increase. As at 28 February 2025:

  • The median value for Houses in Farrar is $603,898 while the median value for Units is $362,584.
  • Houses have a median rent of $655 while Units have a median rent of $573.
There are currently 3 properties listed for sale, and 4 properties listed for rent in Farrar on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Farrar.

Farrar Profile Page

What's around 72 Farrar Bvd, Farrar

Nearby Schools
Comparable Properties
Bakewell Primary School
1.67km
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PrimaryGovernmentP - 6Combined734 Enrolled
MacKillop Catholic College
2.23km
Johnston 0832
SecondaryNon-Government7 - 12Combined619 Enrolled
Gray Primary School
2.45km
Gray 0830
PrimaryGovernmentP - 6Combined340 Enrolled
Driver Primary School
2.82km
Driver 0830
PrimaryGovernmentP - 6Combined441 Enrolled
Durack Primary School
2.89km
Durack 0830
PrimaryGovernmentP - 6Combined436 Enrolled
Sacred Heart Catholic Primary School
2.91km
Woodroffe 0830
PrimaryNon-GovernmentP - 6Combined313 Enrolled
Good Shepherd Lutheran College - Palmerston Campus
3.05km
Gray 0830
CombinedNon-GovernmentCombined Enrolled
Good Shepherd Lutheran College
3.3km
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CombinedNon-GovernmentP - 12Combined1295 Enrolled
Mother Teresa Catholic Primary School
3.38km
Address not found
PrimaryNon-GovernmentCombined Enrolled
Rosebery Middle School
3.43km
Rosebery 0832
SecondaryGovernment7 - 9Combined617 Enrolled

Suburb Insights for Farrar 0830

Visit Farrar profile page
Market Insights
Farrar Trends for Houses
Median Value

$604k

1.44%
View Trend
Median Growth

2.80%

View Trend
Median Rent

$655/W

0.77%
View Trend
Rental Yield

6.30%

2.44%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year (03/24 - 02/25)
Farrar Trends for Units
Median Value

$363k

1.61%
View Trend
Median Growth

3.04%

View Trend
Median Rent

$572.5/W

4.09%
View Trend
Rental Yield

8.30%

4.80%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year (03/24 - 02/25)
Neighbourhood Insights
Age

Population 1,500

0-9

 

20%

10-19

 

13%

20-29

 

16%

30-39

 

21%

40-49

 

15%

50-59

 

8%

60-69

 

3%

70-79

 

3%

80-89

 

1%

Household Structure
Occupancy
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Georgina Roe
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Valuations and Estimates
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Liveability information
The Liveability Score is a rating (out of 10) provided by Propella.ai Pty Ltd as a guide about how "well-connected" properties are in certain local areas. The Liveability Score is based on statistical data about a local area in which a property is located including the distance to and number of available facilities and services (including schools, parklands, health services, shopping and public transport) (Liveability Data). The Liveability Data and Liveability Score has not been verified or confirmed by CoreLogic, is not available for all properties, and is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. Given the relative nature of the Liveability Score, propella.ai anticipate that scores for individual properties will change over time.

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