3/242 Farrar Bvd, Johnston is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 2011. The property has a land size of 864m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
The stylish, white painted walls compliment the open plan design of the living and dining areas and maximise the space, making this area feel light and bright. There is split air conditioning throughout the property as well as gorgeous, dark tiled flooring. The adjoining kitchen overlooks this area and features an electric stove, double sink and plenty of under bench storage. Further highlights of the property include the main bedroom with built in robe, bathroom featuring a shower and bath to relax in, and separate toilet.
The low maintenance, private back yard is fully fenced providing a secure and pet friendly area to relax in. While the dual car parking at the side of the unit completes this property. With a tenant already in place you will instantly receive ROI with rental income of $420 per week
Property Features
Located in the established suburb of Johnston and only a few minutes' drive into the Palmerston CBD giving you a great location and accessibility to all the services, schools and recreational spots Palmerston has to offer.
Council Rates: $1,737 per annum (approx.)
Area Under Title: 288 square metres
Zoning: LMR (Low-Medium Density Residential)
Body Corporate: Self Managed
Status: Tenanted, Lease expiry 22/11/2022
Rental Estimate: $420 per week
The size of Johnston is approximately 2.6 square kilometres. It has 5 parks covering nearly 2.0% of total area. The population of Johnston in 2016 was 2027 people. By 2021 the population was 2386 showing a population growth of 17.7% in the area during that time. The predominant age group in Johnston is 30-39 years. Households in Johnston are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Johnston work in a community and personal service occupation.In 2021, 35.00% of the homes in Johnston were owner-occupied compared with 38.10% in 2016.
Johnston has 1,024 properties. Over the last 5 years, Houses in Johnston have seen a 35.42% increase in median value, while Units have seen a 65.29% increase. As at 30 April 2026:
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