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NT › Farrar › Farrar Blvd

U2, 99 Farrar Blvd, Farrar, NT, 830

For saleApartment

$589,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

266 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $589,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $589,000(Listing record · 29 June 2026)
  • FactLand 266 m²; no building size recorded.(Property record)
  • CalculationAsk is 22% below the Farrar median recorded sale ($758,000, n=13, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Farrar's advertised median rent ($455/wk), implied gross yield would be 4.02% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$589,000

Asking · $2,214/m² of land

No recorded sale for this property.

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.

See the full Farrar report →

Vs Farrar

-22.3%

Median sale

Suburb $758,000

+0.90 pp

Gross yield

Suburb 3.12%

Suburb median $758,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$589,000
Stamp Duty (Northern Territory)
$29,156
Transfer/Registration Fee
$181
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$622,037

$33,037 on top of the price (5.6% extra)

  • Stamp Duty (Northern Territory)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Northern Territory schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Farrar's advertised median rent — not a rent for this listing.

Net yield
2.52%
Annual cashflow (pre-tax)
$-15,803
Interest cover (DSCR)
0.48
Annual rent
$23,660
Operating expenses
$8,835
Loan amount
$471,200
Annual interest
$30,628
Gross yield
4.02%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$589,000available28 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NT

Why this lot, not just this suburb

Why could this property outperform?

NT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry. Listed land size is 266 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    NT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry. Listed land size is 266 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Farrar in one glance

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.

See the full Farrar report →

Keep researching

  • Why Farrar? Read the area thesis →
  • What else is on the market in Farrar →
  • Other records on Farrar Blvd →

Listing material

Listed by Freedom Property

Resort-Style Living in the Heart of Farrar

Positioned within one of Farrar's most sought-after communities, this beautifully presented three-bedroom residence delivers the perfect balance of style, comfort and low-maintenance living. Whether you're searching for your first home, downsizing without compromise or adding a quality investment to your portfolio, this home offers an exceptional lifestyle in a location that continues to grow in popularity.

Thoughtfully designed with modern living in mind, the spacious open-plan layout seamlessly connects the kitchen, dining and living areas before flowing effortlessly onto the private outdoor entertaining space. Overlooking the sparkling inground pool, this is a home where weekends are spent relaxing with family and friends while enjoying the tropical Darwin lifestyle.

The well-appointed kitchen is both practical and stylish, featuring quality appliances including a dishwasher, generous storage and plenty of bench space to make everyday living easy.

Read the full description

The master bedroom offers a peaceful retreat complete with built-in wardrobes and a private ensuite, while the remaining bedrooms are well-sized and serviced by the central bathroom, making the home ideal for families, professionals or guests.

Comfort is assured year-round with air conditioning throughout, while secure parking, full fencing and a private deck complete the package.

Located only moments from local schools, shopping centres, parks and essential amenities, this home combines convenience with a relaxed community atmosphere, making it an opportunity not to be missed.

This is the lifestyle upgrade you've been waiting for.

Status: Vacant

Area Under Title: 266m2

Under Roof: 100m2

Year Built: 2017

Easements as per title: None Found

Zoning: LMR (Low-Medium Density Residential)

Council Rate: $2071.16 p/a

Body Corp: Whittles Body Corporate

Quarterly Fee: $1,392

Sinking Fund: $368

Admin Fund: $1,024

Rental Appraisal: $700 - $750 p/w

Vendor's Conveyancer: Tschirpig Conveyancing - Darwin

Preferred Settlement Period: 30 days

Preferred Deposit: 10%

*Freedom Property is committed to advertising in accordance with Queensland legislation and Office of Fair Trading guidelines. Advertised pricing is authorised by the seller and verified against the current Form 6 Appointment to Act. All information is believed to be accurate at the time of publication; however, prospective buyers should make their own enquiries. Images may have been digitally enhanced for marketing purposes, and where required by law, prescribed seller disclosure documents will be provided prior to the execution of a contract.*

- Three spacious bedrooms with built-in wardrobes

- Two modern bathrooms

- Open-plan kitchen, living and dining

- Air conditioning throughout

- Private outdoor entertaining area and deck

- Sparkling inground swimming pool

Call to inspect with Jacob Reynolds today!

Listing description written by Jacob Reynolds, Freedom Property — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Deck
  • Dishwasher
  • Fully Fenced
  • Outdoor Entertaining
  • In-Ground Pool

Also look at

Also for sale in Farrar

  • 123 Farrar Blvd, Farrar, NT, 830

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  • 4 Bunda Ct, Farrar, NT, 830

    3-bed house. Currently listed.

    For sale
  • 52 Farrar Blvd, Farrar, NT, 830

    4-bed house. Asking $700K.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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