Median Sale Price
House
$688K
Updated on Apr 2021
2 BR - | 3 BR $660K | 4 BR $670K |
Unit
$350K
Updated on Apr 2021
1 BR $75K | 2 BR $325K | 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 | 14 |
| 2021 | $720,000 | -4.2% | $670,000 | $1,371,333 | 7 |
Median Sale Price
$705K
Based on 16 recorded sales within the last 12 months
Updated on 21 Jun 2021
Suburb Growth
-10.6%
Current Median Price: $705,000
Previous Median Price: $780,000
Based on 26 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2021)
Price Range Segments (12 months ending May 2021)
Median Weekly Rent Price
House
$665
Updated on May 2021
2 BR $455 | 3 BR $530 | 4 BR $735 |
Unit
$428
Updated on May 2021
1 BR $340 | 2 BR $420 | 3 BR $530 |
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 | $750 | +22.7% | $520 | $850 | 8 |
Median Rent Price
$700
per week
Based on 21 recorded rent within the last 12 months
Updated on 21 Jun 2021
Rent Price Growth
+14.3%
Current Median Rent: $700
Previous Median Rent: $600
Based on 51 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.2%
Current Median Price: $705,000
Current Median rent: $700
Based on 37 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2021)
Auction Results For Parap
Houses sold in Last 12 months ends 19 Jun 2021
$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 |