NT/
Farrar

Suburb Profile

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

house

Property investors have seen a 4.07% gain in FARRAR based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains FARRAR, 830 saw average growth 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 $575,000

Profits averaged -3.39% 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 $550 based on current median home prices for the suburb.

The gross rental yield in FARRAR, 830 is 4.97%.

An average of 2 real estate transactions take place per month in FARRAR which translates to 24 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $575,000 N/A
GROWTH REPORT
Median Quarterly 4.07% N/A
Median 12 month 4.07% N/A
Median 3 years -10.16% N/A
Median 5 years 5.5% N/A
10 years average annual 23.28% N/A
Weekly media advert. rent $550 N/A
Time on Market 94.1 days N/A
Gross Rental Yield Percent 4.97% N/A
demographics (median values)
Total Population
535
Weekly Household Income
1509
Household Size
3.00
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Farrar, NT
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