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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


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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

9 Notley Pl, Parap

$0

property pic

A BalineseInspired Sanctuary in the Heart of Parap!

This sale is being facilitated by transparent negotiation. The property can sell to any qualified buyer at any time. Please contact our Sales Agent immediately to avoid missing out. Welcome home to this stunning residence. Positioned within the exclusive Heritage Park Estate among only a select ...

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rei

4

rei

2

rei

4

House

NT 0820


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