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Farrar
NT, 0830 - Palmerston

Thinking about buying in Farrar? Now could not be a better time, with 654 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $788,000 with prices in this suburb ranging from $356,000 to $1,987,000. Farrar is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent	$
Median Monthly Mortgage	$
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income	$
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Properties for sale in Farrar

Instant Property Valuation

Farrar Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Farrar driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Farrar ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Farrar provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Farrar requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Properties for sale Farrar

1 KIRKIMBIE CT, FARRAR, NT, 0830	1	1	6	245000
4 WILLIAM ST, FARRAR, NT, 0830	5	2	3	Under Contract
2 PUMPA CT, FARRAR, NT, 0830	4	2	3	Under Contract

Local Schools

Bakewell Primary School

MacKillop Catholic College

Gray Primary School

Driver Primary School

Durack Primary School

(While the above schools are located with the suburb of Farrar there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Farrar weather - Average Local Climate by month

	(mm) RAIN	Min (°C) TEMP	Max (°C) TEMP	Min (%) HUMIDITY	Max (%) HUMIDITY	(m/sec) WIND	(MJ/sq m) SOLAR
Jan	15.8	25.1	32.0	63.1	94.1	4.7	18.8
Feb	13.8	25.3	32.2	62.4	93.8	4.4	21.0
Mar	8.2	25.2	32.7	58.5	94.6	3.7	21.2
Apr	3.7	24.3	33.1	46.7	92.5	3.5	21.8
May	0.7	22.5	32.4	37.4	86.1	3.9	20.8
Jun	0.0	20.0	31.3	31.6	85.9	3.9	20.2
Jul	0	19.5	31.6	29.2	87.6	3.7	20.8
Aug	0.1	19.6	32.2	27.1	89.2	3.6	22.6
Sept	0.8	22.8	33.5	35.6	89.8	3.7	24.7
Oct	2.4	24.5	34.0	41.0	89.9	4.0	25.4
Nov	5.4	25.3	34.0	48.7	90.7	3.7	24.6
Dec	7.5	25.7	33.5	55.2	92.2	3.7	22.6

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Gunn Yarrawonga Palmerston City Johnston Gurdorrka Bakewell Gray Driver Durack Rosebery

Public Transport

Mandorah - Darwin ferry - Greater then 10KM

Darwin - Greater then 10KM

General Points of Interest

Archer Sport Complex - Less than 5 KM

Gateway Shopping Centre - Less than 2 KM

The storyteller - Less than 2 KM

Palmerston Shopping Centre - Less than 2 KM

Palmerston Golf Course - Less than 5 KM

Palmerston Water Park - Less than 2 KM

Charles Darwin University Palmerston Campus - Less than 5 KM

Lest We Forget - Less than 2 KM

The Palmerston Tank - Less than 2 KM