FARRAR 0830
State: NTPosiProp AI Investment Summary
FARRAR (NT 0830) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.1% and has experienced a 12-month capital growth of Up 23.5%, with a median house buy price of $735,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
–
$700,000
$742,500
$735,000
Suburb Market Profile
Last month Farrar had 10 properties available for rent and 4 properties for sale. Median property prices over the last year range from $735,000 for houses to $465,000 for units. If you are looking for an investment property, consider houses in Farrar rent out for $790 PW with an annual rental yield of 5.1% and units rent for $680 PW with a rental yield of 6.9%. Farrar has seen an annual compound growth rate of 23.5% for houses and 10.7% for units.
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