Co-Living in Kirkimbie Court

Quietly located in a family-friendly neighbourhood close to Palmerston Shopping Precinct, Bus Interchange, Nutwood Park and only 20 minutes to Darwin CBD.

Farrar is located 21 km south-east of Darwin CBD and is regarded as Darwin's "Satellite City". Darwin and has seen a 2.6% increase in population annually, making it one of the fastest growing cities in Australia since 2006. With 147,531 residents in 2022, the population is predominantly made of up 51.2% single residents aged between 25-39 years of age. N.T's Department of Treasury and Finance, predicts Palmerston alone will grow at a rate of 2.4% annually until 2036. With 73% of all homes currently being tenanted, there is a mass shortage of rental properties within the Darwin region. Housing prices in Farrar range from mid $500,000’s to well over $1 Million.

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Property Details

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3 Beds| 3 Bath| 2 Garage| $824,500

Rent Weekly $1,140

Rent Monthly NA

Rent Yearly NA

Rental Yield Return 7.19%

Land Size 389m²

House Size 217.05m²