SOLD
Sold on 29 Aug 2024 for $589,500

8 William Street
Farrar NT 0830

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 180m2
Land area: 766m2
Sold By
Knight Frank Northern Territory
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Property Details for 8 William St, Farrar

8 William St, Farrar is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 2009. The property has a land size of 766m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 5 bedroom House sold in Farrar in the last 12 months.

Building Type
House
Year Built
2009
Floor Size
180m2
Land Size
766m2
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 7927/S2006/206A

Last Listing description (September 2024)

This nicely laid out open plan family home is situated in a quiet street with easy access to the Stuart Highway just north and the Palmerston Hospital across.

It's just been freshly painted, both inside and out, now featuring a stylish neutral charcoal grey color on the outside.

The home itself enjoys loads of room; the entry leads you straight into the large open plan living area, creating a sense of space. The 4 bedrooms are situated around the outside of the home, all opening up to the main living area. The master bedroom, featuring a walk-in robe and an ensuite accessible through the robe is positioned at the rear end of the house. There are built-in robes in all other bedrooms. There's also a study that could be used as a 5th!

Surrounded by green lawns for easy maintenance and for the kids to play on and lots of shade from trees and palms along the fence for great privacy.
The undercover outdoor entertaining area has an overhead fan and is accessible by large sliding doors from the lounge room; take a gathering or party inside or out in minutes!

The kitchen and bathroom are very tidy and modern, with ample storage in the kitchen cupboards and an electric cooktop and oven.

The secure garage lets you store 2 cars, or motorbikes or a boat! With close proximity to the highway and the main town roads leading to the Elizabeth River, the possibilities for recreation close to home are endless!

Property History for 8 William St, Farrar, NT 0830

A timeline of how this property has performed in the market
Last Sold
$589,500
29 Aug 2024
Listed for Rent
$760/w
19 Aug 2024
  • 29 Aug 2024
    Sold for $589,500
  • 13 Aug 2024
    Listed for Rent $760 / week
  • 10 May 2022
    Listed for Sale $680,000
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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 682 properties. Over the last 5 years, Houses in Farrar have seen a 26.81% increase in median value, while Units have seen a 31.74% increase. As at 31 August 2024:

  • The median value for Houses in Farrar is $601,516 while the median value for Units is $371,861.
  • Houses have a median rent of $670 while Units have a median rent of $560.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Farrar on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Farrar.

Suburb Insights for Farrar 0830

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.