Farrar 0830
Market analysis for investment properties in Farrar
Median Price
$685,000
Trend:Accelerating
+16.2%
Median Rent
$775/pw
Trend:Accelerating
+17.4%
Rental Yield
5.88%
Trend:Steady
+1.0%
Median DoM
3 Days
Trend:Steady
Market Analysis
Why investors are watching Farrar right now.
Farrar, a suburb in Palmerston, Northern Territory, offers limited shopping options within the immediate area. Residents typically travel to nearby Palmerston City for a wider range of retail facilities, including major supermarkets, specialty stores, and dining options.
The suburb is served by several schools, such as Farrar Primary School, catering to the educational needs of primary school students. For secondary education, students may attend nearby colleges like Rosebery Middle School and Palmerston Senior College, providing a comprehensive learning environment.
Residents of Farrar can access public transportation services to the CBD in Northern Territory, with bus routes connecting the suburb to Palmerston and onwards to Darwin CBD. The bus network provides convenient and affordable commuting options for residents working in the city center.
Farrar is surrounded by greenery and parks, offering a peaceful and natural setting for residents to enjoy outdoor activities. One notable green space is Marlow Lagoon Park, providing opportunities for picnics, walking trails, and recreational sports amidst a serene environment.
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Capital Growth
Historical Performance
Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.
Market Vitals
Market Dynamics
Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.
Unlock Market Vitals
See live suburb and LGA market signals.
The Ripple Effect
Explore Nearby Opportunities
Investors analyzing Farrar often compare these adjacent markets for better entry points or higher yields.
Strategy by LighthousePA
Where will Farrar be in 2026?
Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Farrar, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.
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Investment Insights & FAQ
Frequently asked questions about the Farrar property market in 2026.
As of March 2026, the Farrar property market presents a dynamic investment landscape. Over the last 12 months, houses have seen an annual growth rate of 16.2% and units have grown by -18%. These figures reflect the evolving demand within Palmerston, offering potential for capital appreciation.
Based on the latest market snapshot, median property prices in Farrar range from $685,000 for houses to $369,000 for units. These values are calculated based on recent transaction data and current buyer activity across the Palmerston region.
For investors targeting cash flow, houses rent for $775 /pw with a 5.88% yield, while units rent for $657.5 /pw with a 9.27% yield. This rental performance is a key indicator of strong tenant demand within the Farrar area.
Market Insights Last Updated: March 2026