Farrar is in the TOP 30% in NT when comparing median price capital growth over the last year. Farrar gave property investors a good capital gain figure when compared to the rest of the state, with 19.61%.
Farrar,0830 has offered an average of 19.61% return per annum in house price rises to property investors over the last three years.
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -2.40% offered to property buyers. Sellers in Farrar itself are offering an average vendor discount of -4.51% to real estate investors.
Often selling an investment property can take time, and in Farrar the average time real estate has been on the market is 67.9889 days.
Farrar is 4th on a list of best yielding suburbs for rents in NT with a 5.46% return