Median Sale Price
House
-
Updated on Apr 2023
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Apr 2023
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 | $853,000 | -2.0% | $725,000 | $1,600,000 | 5 |
Median Sale Price
$870K
Based on 13 recorded sales within the last 12 months
Updated on 3 Jun 2023
Suburb Growth
+3.4%
Current Median Price: $870,000
Previous Median Price: $840,000
Based on 35 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2023)
Price Range Segments (12 months ending May 2023)
Median Weekly Rent Price
House
-
Updated on Apr 2023
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Apr 2023
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 | 26 |
| 2021 | $740 | +18.9% | $520 | $1,200 | 29 |
| 2022 | $650 | -13.8% | $450 | $1,300 | 30 |
| 2023 | $790 | +17.7% | $450 | $1,110 | 11 |
Median Rent Price
$720
per week
Based on 32 recorded rent within the last 12 months
Updated on 3 Jun 2023
Rent Price Growth
-1.4%
Current Median Rent: $720
Previous Median Rent: $730
Based on 61 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.3%
Current Median Price: $870,000
Current Median rent: $720
Based on 45 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2023)
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 |