41 Inverway Circuit, Farrar, NT 0830 sold on 03 February 2025 | OnTheHouse
SOLD
Sold on 03 Feb 2025 for $260,000

41 Inverway Circuit
Farrar NT 0830

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 80m2
Land area: 600m2
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Property Details for 41 Inverway Cct, Farrar

41 Inverway Cct, Farrar is a 3 bedroom, 2 bathroom House and was built in 2024. The property has a land size of 600m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 3 bedroom House sold in Farrar in the last 12 months.

Building Type
House
Year Built
2024
Floor Size
80m2
Land Size
600m2
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 8267/S2005/224B

Last Listing description (March 2016)

A fantastic opportunity to purchase 2 separate blocks which have had the application previously approved for re-zoning from Single Dwelling to Multiple Dwelling.
The blocks comprise of 600 & 627 sqm respectively and are perfectly positioned backing onto the Mitchell Creek green reserve and are set amongst other quality homes in a well-established street.
These blocks can also be sold separately to allow you to design the perfect home for yourself, or buy both as separate houses blocks or redevelop into a unit site.

Property History for 41 Inverway Cct, Farrar, NT 0830

A timeline of how this property has performed in the market
Last Sold
$260,000
03 Feb 2025
  • 03 Feb 2025
    Sold for $260,000
  • 25 Sep 2015
    Listed for Sale $260,000 EACH
  • 23 May 2006
    Sold for $311,740
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About 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 676 properties. Over the last 5 years, Houses in Farrar have seen a 52.28% increase in median value, while Units have seen a 60.98% increase. As at 30 November 2025:

  • The median value for Houses in Farrar is $741,444 while the median value for Units is $482,044.
  • Houses have a median rent of $700 while Units have a median rent of $580.
There are currently 3 properties listed for sale, and 2 properties listed for rent in Farrar on OnTheHouse. According to Cotality's data, 71 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.