Farrar at a glance
1,829
People
$758,000
Median sale
$455/wk
Median rent
3.12%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
4
Bedrooms
2
Bathrooms
2
Car spaces
796 m²
Land
234 m²
Building
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
Nothing about this record stands out yet — coverage may still be filling in.
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Farrar at a glance
1,829
People
$758,000
Median sale
$455/wk
Median rent
3.12%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NTNT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry. Listed land size is 796 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $455/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownNT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry. Listed land size is 796 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. This jurisdiction has no comparable official bond series in the free set.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Farrar at a glance
1,829
People
$758,000
Median sale
$455/wk
Median rent
3.12%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate Palmerston & VirginiaOffering exceptional luxury and an array of interior and exterior living spaces, this contemporary four bedroom residence is undoubtedly one of the premier residences of greater Palmerston.
With a range of quality features that separate it from the norm, this large family home has been expertly designed to offer functionality without scrimping on style.
Forming the hub of the residence, the spacious open-plan living space has multiple zones providing plenty of room for the family. Modern downlights and large windows also provide ample interior lighting and enhance the feeling of space.
A large living area adjoins the front entrance, whilst the dining zone is situated near the kitchen. Towards the rear, a large rumpus room provides even more living space.
The tastefully outfitted kitchen includes all the modern necessities: stainless-steel dishwasher, underbench over, induction cooktop and fixed rangehood. A large pantry and breakfast bar provide additional functionality, whilst the pristine white cabinetry and contrasting dark benchtops tie this area to the rest of the decor.
A good-sized master bedroom near the front comes with walk-in wardrobe and ensuite. The remaining three bedrooms all have built-in wardrobes and share a main bathroom, which includes bath, glass-screen shower and separate WC.
The spacious backyard is where the property truly makes its mark. A large covered verandah area provides ample space for outdoor entertaining, with high-quality outdoor solar roller shades allowing for additional shade/privacy if necessary.
The adjoining resort style pool, sheltered by a large umbrella, is set against a backdrop of lush palms and tropical gardens. The remainder of the backyard is low-maintenance, with double gated access to the front.
Additional features include cool ceramic floor tiles, split-system air conditioning and stainless steel ceiling fans; all the things required to assist in the warmer summer months. A large carport provides undercover parking for two vehicles, with additional off street parking available for multiple vehicles in the long driveway.
A brief stroll from the nearby family parklands and public transport, with Palmerston Shopping Centre, schools and restaurants a short drive away, location alone would be sufficient for this property to be included on interested parties 'must-watch' list. But with its stylistically chic interior, polished floor tiles and lush surrounds, this contemporary home has much broader appeal.
Freecall 1800 GENNIE to arrange your viewing today.
Listing description written by Gennie Cox, Elders Real Estate Palmerston & Virginia — reproduced as published, not verified by Districts.