Download your FREE reports now!

Investment Property Parap, NT, 0820

Suburb Snapshot

Parap is a suburb in the Darwin Region of Northern Territory. Parap has a population of 2,746 people and 50.81% of its occupants live in rental accommodation. The median listing price for houses is $865,000 and this has changed 6.13% over the past year and changed NA over 2 years.

The median rent in Parap for houses is $800 per week and the median rental yield is 4.80%. Stock on the market for houses/townhouses has changed -75.00% compared to last year and the average time to sell a house/townhouse is 154 days.The median listing price for units is $430,000 and this has changed 3.61% over the past year. The average unit takes 173 days to sell and the median rent for a unit in Parap is $575 per week, producing a rental yield of 6.95%.

Supply & Demand in Parap, Darwin

2.07%

Current vacancy rate


28

Rental stock available


2,746

Population


50.81%

Rental population


0.82%

Current vacancy rate


303

Rental stock available


78,798

Population


38.62%

Rental population


0.59%

Current vacancy rate


610

Rental stock available


228,837

Population


38.00%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Parap, Darwin

  House Townhouses Units
Median listing price $865,000 NA $430,000
Median price change - last quarter 0.87% NA 1.05%
Median price change - 1 year 6.13% NA 3.61%
Median price change - 2 years NA NA 7.76%
  House Townhouses Units
Median weekly rent $800 NA $575
Median yield % 4.80% NA 6.95%
Median rent change - 1 year 8.84% NA 4.54%
  House Units
Previous month sales 1 10
Stock on market previous month 2 32
Stock variance vs. last year -75.00% -8.57%
Average days on market 154 173

Parap investment property listings

Showing 1 of 1 investment properties found in Parap on realestateinvestar.com.au

4 Price St, Parap

$0

property pic

Gorgeous fully renovated home

Located in a serene tree lined street in Parap, surrounded by other family homes is this delightfully renovated home on a generous 747sqm block. It is situated at walking distance to the Parap school, the Olympic sized swimming pool and tennis courts, famous Parap Markets in the shopping village, ...

Get more info on this property
rei

3

rei

1

rei

2

House

NT 0820


Navigate to more Suburbs, Regions or States