NT/
Farrar

Suburb Profile

Farrar - FREE SUBURB PROFILE REPORT
POSTAL CODE: NT,830

house

Property investors have seen a -5.07% drop in FARRAR based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains FARRAR, 830 saw average decrease in the long term.

the NT suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $552,500

Profits averaged -3.53% per annum over a 3-year period, due to an downward trend in home prices in FARRAR, 830.

This means, real estate investors could earn a rental income of $570 based on current median home prices for the suburb.

The gross rental yield in FARRAR, 830 is 5.36%.

An average of 1.58 real estate transactions take place per month in FARRAR which translates to 19 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $552,500 N/A
GROWTH REPORT
Median Quarterly -5.07% N/A
Median 12 month -6.36% N/A
Median 3 years -10.6% N/A
Median 5 years -1.34% N/A
10 years average annual 29.49% N/A
Weekly media advert. rent $570 N/A
Time on Market 123.1 days N/A
Gross Rental Yield Percent 5.36% N/A
demographics (median values)
Total Population
535
Weekly Household Income
1509
Household Size
3.00
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