Median Sale Price
House
-
Updated on Oct 2022
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2022
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 | $855,000 | +7.0% | $660,000 | $1,720,000 | 16 |
Median Sale Price
$855K
Based on 20 recorded sales within the last 12 months
Updated on 1 Dec 2022
Suburb Growth
+14.6%
Current Median Price: $855,000
Previous Median Price: $730,000
Based on 39 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2022)
Price Range Segments (12 months ending Nov 2022)
Median Weekly Rent Price
House
-
Updated on Oct 2022
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2022
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% | $480 | $1,200 | 29 |
| 2022 | $650 | -13.8% | $450 | $1,300 | 25 |
Median Rent Price
$690
per week
Based on 30 recorded rent within the last 12 months
Updated on 1 Dec 2022
Rent Price Growth
-7.2%
Current Median Rent: $690
Previous Median Rent: $740
Based on 56 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.2%
Current Median Price: $855,000
Current Median rent: $690
Based on 50 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 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 |