Median Sale Price
House
$840K
Updated on May 2022
2 BR - | 3 BR $805K | 4 BR $850K |
Unit
$382K
Updated on May 2022
1 BR $118K | 2 BR $379K | 3 BR $499K |
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 | $850,000 | +6.5% | $660,000 | $1,720,000 | 11 |
Median Sale Price
$840K
Based on 21 recorded sales within the last 12 months
Updated on 30 Jun 2022
Suburb Growth
+14.3%
Current Median Price: $840,000
Previous Median Price: $720,000
Based on 42 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$710
Updated on May 2022
2 BR $515 | 3 BR $690 | 4 BR $800 |
Unit
$500
Updated on May 2022
1 BR $450 | 2 BR $500 | 3 BR $645 |
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 | $580 | -3.4% | $290 | $1,200 | 26 |
| 2021 | $740 | +21.6% | $440 | $1,200 | 29 |
| 2022 | $600 | -23.3% | $470 | $1,000 | 9 |
Median Rent Price
$740
per week
Based on 27 recorded rent within the last 12 months
Updated on 30 Jun 2022
Rent Price Growth
+5.4%
Current Median Rent: $740
Previous Median Rent: $700
Based on 49 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.6%
Current Median Price: $840,000
Current Median rent: $740
Based on 48 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2022)
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 |