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This property or other similar properties can be acquired by our Inner Circle membership. This property may be available or it may have been acquired by our client. Submit an enquiry to learn more.
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.
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