With a capital gain of -0.83% for the last 12 months, Farrar, 0830 has performed for property investments than its average annual 30.46% property growth over the last 5 years.
Farrar,0830 was ranked 1803 in Australia by increase in median property value over the quarter.
Property buyers and investors in Farrar 0830 should be seeing an average reduction in asking price of around -4.19% . This means that Farrar is holding prices well when compared to other suburbs in NT.
A $590 per week rent on the median house gives suburb investors a gross yield of circa 5.16%, without taking into account capital value appreciation, which has been averaging out at 30.46%.
With a capital gain of -7.51% for the last 12 months, Farrar, 0830 has performed for property investments than its average annual -7.51% property growth over the last 5 years.
In the last year 14 properties changed hands in Farrar, which puts it as the 20th most active market in NT when comparing the number of sales per suburb.
Property investors should expect to get $450 weekly from the median priced house in this suburb.