Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $685,000 | 0.0% | $578,000 | $824,000 | 6 |
| 2010 | $747,747 | +8.4% | $658,000 | $805,000 | 5 |
| 2011 | $880,000 | +15.0% | $655,000 | $1,215,000 | 13 |
| 2012 | $780,000 | -12.8% | $580,000 | $1,050,000 | 18 |
| 2013 | $860,000 | +9.3% | $670,000 | $1,560,000 | 30 |
| 2014 | $855,000 | -0.6% | $715,000 | $1,850,000 | 15 |
| 2015 | $840,000 | -1.8% | $650,000 | $1,250,000 | 12 |
| 2016 | $700,000 | -20.0% | $445,000 | $1,650,000 | 15 |
| 2017 | $730,000 | +4.1% | $610,000 | $860,000 | 9 |
| 2018 | $715,000 | -2.1% | $395,000 | $797,500 | 9 |
| 2019 | $740,000 | +3.4% | $625,000 | $846,000 | 11 |
| 2020 | $750,000 | +1.3% | $590,000 | $1,075,000 | 15 |
| 2021 | $795,000 | +5.7% | $435,000 | $1,371,333 | 22 |
| 2022 | $870,000 | +8.6% | $660,000 | $1,720,000 | 19 |
| 2023 | $935,000 | +7.0% | $690,000 | $1,690,000 | 17 |
| 2024 | $1,330,000 | +29.7% | $949,000 | $2,000,000 | 4 |
Median Sale Price
$1M
Based on 18 recorded sales within the last 12 months
Updated on 26 Apr 2024
Suburb Growth
+6.5%
Current Median Price: $1,000,000
Previous Median Price: $935,000
Based on 32 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $1,000 | 0.0% | $1,000 | $1,000 | 1 |
| 2012 | - | - | - | - | - |
| 2013 | $1,000 | 0.0% | $1,000 | $1,000 | 1 |
| 2014 | $820 | -22.0% | $430 | $1,250 | 39 |
| 2015 | $800 | -2.5% | $380 | $2,100 | 53 |
| 2016 | $700 | -14.3% | $400 | $1,100 | 38 |
| 2017 | $700 | 0.0% | $200 | $1,200 | 23 |
| 2018 | $625 | -12.0% | $260 | $2,000 | 31 |
| 2019 | $600 | -4.2% | $435 | $980 | 28 |
| 2020 | $600 | 0.0% | $290 | $1,200 | 27 |
| 2021 | $750 | +20.0% | $520 | $1,200 | 29 |
| 2022 | $660 | -13.6% | $500 | $1,300 | 30 |
| 2023 | $790 | +16.5% | $450 | $1,200 | 32 |
| 2024 | $650 | -21.5% | $510 | $830 | 7 |
Median Rent Price
$750
per week
Based on 30 recorded rent within the last 12 months
Updated on 26 Apr 2024
Rent Price Growth
+4.0%
Current Median Rent: $750
Previous Median Rent: $720
Based on 63 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.9%
Current Median Price: $1,000,000
Current Median rent: $750
Based on 48 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Schools closest to Parap, NT 0820
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Parap Primary School | URQUHART STREETParap 0820 | Primary | Government | 0.17 km |
| Stuart Park Primary SchoolTop 20 | 8 NUDL STStuart Park 0820 | Primary | Government | 1.12 km |
| St John's Catholic CollegeTop 20 | SALONIKA STTHE GARDENS 0820 | Secondary | Catholic | 1.13 km |
| Darwin Middle SchoolTop 5 | ATKINS DRIVEThe Gardens 0820 | Secondary | Government | 1.22 km |
| Ludmilla Primary School | 41 BAGOT RDLudmilla 0820 | Primary | Government | 1.48 km |