48 Inverway CircuitFarrar NT 0830
Property Details for 48 Inverway Cct, Farrar
Last Listing description (October 2025)
Property Specifics:
Council Rates: Approx. $1,466.94 per year
Area Under Title: 389 square metres
Preferred Settlement Period: 30-45 days from the contract date
Preferred Deposit: 10%
Easements as per title: Electricity supply easement to Power and Water Corporation
Zoning: LMR (Low-Medium Density Residential)
An exciting opportunity to secure a generous parcel of land in one of Palmerston's most popular suburbs. This vacant block is perfectly positioned on a quiet, well-established street, offering an ideal foundation to create your dream home or investment.
You'll love the lifestyle on offer here, as the block is set amongst quality homes and family-friendly surroundings, with schools, parklands, Palmerston CBD, and medical precincts all just moments away
To arrange a private inspection or make an offer on this property, please contact Ryan Rowsell 0478 700 844 or Rachael Barz 0418 673 760 at any time.
Property History for 48 Inverway Cct, Farrar, NT 0830
- 12 Nov 2025Sold for $215,000
- 28 Aug 2025Listed for Sale Price Guide $220,000
- 14 Nov 2023Sold for $220,000
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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 54.32% increase in median value, while Units have seen a 45.51% increase. As at 31 December 2025:
- The median value for Houses in Farrar is $749,537 while the median value for Units is $428,508.
- Houses have a median rent of $715 while Units have a median rent of $580.
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