Median Sale Price
House
$753K
Updated on Aug 2020
2 BR - | 3 BR $642K | 4 BR $740K |
Unit
$320K
Updated on Aug 2020
1 BR $72K | 2 BR $298K | 3 BR $440K |
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 | $837,000 | +11.6% | $590,000 | $1,075,000 | 8 |
Median Sale Price
$835K
Based on 11 recorded sales within the last 12 months
Updated on 22 Sep 2020
Suburb Growth
+13.8%
Current Median Price: $835,000
Previous Median Price: $720,000
Based on 21 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2020)
Price Range Segments (12 months ending Aug 2020)
Median Weekly Rent Price
House
$585
Updated on Aug 2020
2 BR $350 | 3 BR $535 | 4 BR $650 |
Unit
$400
Updated on Aug 2020
1 BR $300 | 2 BR $388 | 3 BR $475 | 4 BR $550 |
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 | $615 | -13.8% | $260 | $2,000 | 31 |
| 2019 | $600 | -2.5% | $435 | $980 | 28 |
| 2020 | $550 | -9.1% | $290 | $1,200 | 18 |
Median Rent Price
$575
per week
Based on 30 recorded rent within the last 12 months
Updated on 22 Sep 2020
Rent Price Growth
-9.6%
Current Median Rent: $575
Previous Median Rent: $630
Based on 55 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.6%
Current Median Price: $835,000
Current Median rent: $575
Based on 41 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2020)
Auction Results For Parap
Houses sold in Last 12 months ends 19 Sep 2020
$0M
Median Sale Price
100%
Clearance Rate
1/1
Sold/Reported
$0M
Highest Sale Price
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 |