Investment property in Farrar has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.45%
Across a shorter period, Farrar, 0830 has seen a median price increase of 0.85% over the last quarter.
The most recent median price for Farrar is $595000, with sellers offering an average of -6.78% off the asking price.
Often selling an investment property can take time, and in Farrar the average time real estate has been on the market is 134.1 days.
Property investors who have had real estate in Farrar, 0830 should be relatively unhappy with this NT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.58%