Over the last year, property investments in Farrar, 0830 have given investors a capital gain of 2.11%. This compares favourably with the -4.64% for NT as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Farrar has increased when compared to the 5 year average annual rate.
Property buyers and investors in Farrar 0830 should be seeing an average reduction in asking price of around -5.25% . This means that Farrar is holding prices well when compared to other suburbs in NT.
Farrar is 26th on a list of best yielding suburbs for rents in NT with a 5.18% return