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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
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 8082/S2002/169

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 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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