11/89 Farrar BoulevardFarrar NT 0830
Property Details for 11/89 Farrar Bvd, Farrar
11/89 Farrar Bvd, Farrar is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 191m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom Unit sold in Farrar in the last 12 months.
Last Listing description (October 2025)
* Sold from our extensive data base prior to being advertised.
This well located property is only minutes from the Palmerston CBD and has a long term Government lease in place with great returns. This would suit an investor looking for guaranteed returns with regular income. The low maintenance complex keeps the body corp cost low meaning you can keep more of the rental income for yourself.
Features include:
* $520 per week rent, minimum locked in, rent can't go down.
* Management fee includes maintenance so there is no unexpected bills
* Low body corporate fees to maximise your net return
* Would suit investors looking for solid returns and low risk
A small courtyard with garden shed is included with this unit giving occupants some extra room outdoors in the fresh air. Parking is undercover and at the front door of the property for added convenience.
Area under title: 191 m�
Easements: Nil on title
Council rates: $1,900 per year (approx)
Body Corp Manager: North Management
Body Corp outgoings: $720 (approx) per quarter.
Property History for 11/89 Farrar Bvd, Farrar, NT 0830
- 31 Oct 2025Listed for Sale Sold
- 31 Oct 2025Sold
- 20 Mar 2018Listed for Rent $294 / week
Recent sales nearby
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0About Farrar 0830
The size of Farrar is approximately 1.5 square kilometres. It has 4 parks covering nearly 7.2% of 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 674 properties. Over the last 5 years, Houses in Farrar have seen a 48.30% increase in median value, while Units have seen a 54.88% increase. As at 31 March 2026:
- The median value for Houses in Farrar is $769,639 while the median value for Units is $462,503.
- Houses have a median rent of $760 while Units have a median rent of $583.
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