What is the current median house price in PARAP, NT?
The median house price in PARAP, NT 0820 is $309,400 as of 2026. The median unit/apartment price is $213,200.
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Core Market Intelligence — May 2026
The median house price in PARAP, NT 0820 is $309,400 as of 2026. The median unit/apartment price is $213,200.
PARAP presents a mixed investment picture that requires careful analysis. Key indicators include a rental yield of 7.8%. Investors should consider their strategy (capital growth vs yield) and conduct due diligence on local market conditions before making decisions.
The gross rental yield in PARAP, NT 0820 is approximately 7.8%, with a median weekly rent of $465. This is considered a strong yield for the Australian market.
PARAP, NT 0820 has a population of 1,800 with a median age of 33. The median household income is $76,424. 71% of residents are owner-occupiers.