1/3 Inverway Circuit, Farrar, NT 0830 sold on 02 June 2025 | OnTheHouse
SOLD
Sold on 02 Jun 2025 for $950,000

1/3 Inverway Circuit
Farrar NT 0830

Bedrooms: 5
Bathrooms: 4
Car spaces: 8
Floor area: 130m2
Land area: 367m2
Sold By
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Core Realty (NT) - Muirhead
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Property Details for 1/3 Inverway Cct, Farrar

1/3 Inverway Cct, Farrar is a 5 bedroom, 4 bathroom Unit with 8 parking spaces and was built in 2016. The property has a land size of 367m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 5 bedroom Unit sold in Farrar in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
130m2
Land Size
367m2
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 14485/UTS2016/026

Last Listing description (June 2025)

Looking to kick off your investment opportunity in the Top End, well look no future. This tidy, well maintained, low maintenance 4 x pack of units has just hit the market. Complex is strata titled, NO BODY CORPORATE only strata insurance for an annual fee.Property Code: 727

Property History for 1/3 Inverway Cct, Farrar, NT 0830

A timeline of how this property has performed in the market
Last Sold
$950,000
02 Jun 2025
Listed for Rent
$590/w
15 Jun 2023
  • 02 Jun 2025
    Sold for $950,000
  • 30 May 2025
    Listed for Sale UNDER CONTRACT
  • 16 Feb 2022
    Sold for $1,600,000
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About Farrar 0830

The size of Farrar is approximately 1.5 square kilometres. There are 4 parks, covering nearly 7.2% of the total area. The population of Farrar in 2016 was 1518 people. By 2021 the population was 1650 showing a population growth of 8.7% in the area during that time. The predominant age group in Farrar is 30-39 years. Households in Farrar are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Farrar work in a trades occupation.In 2021, 55.80% of the homes in Farrar were owner-occupied compared with 52.00% in 2016.

Farrar has 672 properties. Over the last 5 years, Houses in Farrar have seen a 43.73% increase in median value, while Units have seen a 55.62% increase. As at 30 April 2026:

  • The median value for Houses in Farrar is $779,385 while the median value for Units is $486,990.
  • Houses have a median rent of $770 while Units have a median rent of $590.
There are currently 3 properties listed for sale, and 2 properties listed for rent in Farrar on OnTheHouse. According to Cotality's data, 64 properties were sold in the past 12 months in Farrar.

Suburb Insights for Farrar 0830

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.