Palmerston · 0830
Farrar, NT
3.7% gross yield, population +7.1% (5y).
NextSuburb scoreTier C
52Average
Median house
$645k
5y growth
6.2%/yr
Gross yield
3.7%
Vacancy
2.0%
Stable entry · room to scaleLow confidence
Thin marketSmall sample sizes (~13 sales/yr) can distort medians. Treat the score with caution and weight the eight-signal breakdown over the headline number.
Eight-signal breakdown
Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.
- Capital growth (5y)6.2%/yr62/100
- Population growth+7.1% (5y)71/100
- Supply tightening+0.0% YoY50/100
- Rental yield3.7%73/100
- Rental demand2.0% vacancy50/100
- Income growth+14.0% (5y)56/100
- Construction pipelineno nearby pipeline0/100
- Affordability57% under cap57/100
Why this score
Farrar scores 52/100 (Average). The two strongest signals: 3.7% gross rental yield and 7.1% population growth over five years. The standout watch-out: no major construction project was found within the suburb's catchment.
Drivers
- Rental yield3.7%
- Population growth+7.1% (5y)
- Capital growth6.2%/yr
Risks
- No major construction project in this state
Comparable suburbs
Three NT suburbs in the same budget band with the closest NextSuburb scores.
See the full NT ranking60-month score history
Backfilled — live history begins May 2026Watch this suburb
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