Parap NT 0820

Here you can find what you need to know about Parap, NT, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$700k Median Sale Price (National Average $485k) 5th In NT
-11.95% Median Price Change (1 yr) (National Average 4.30%) 101st In NT
$750pw Median Rent (National Average $395) 5th In NT
5.6% Median Gross Yield (National Average 4.24%) 17th In NT
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Properties sold 17
Average discounting -10.77%
Average Days on Market 104
Stock on Market 8 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Parap, NT National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Parap, NT National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Parap, NT National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Parap


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Latest Auction Results for Parap as at 19 November 2017

Property Details
Sale Price
2Bed / 2Bath / 1Car / Unit
Passed In
2Bed / 2Bath / 1Car / Unit
Passed In
2Bed / 2Bath / 1Car / Unit
Passed In
2Bed / 2Bath / 1Car / Unit
Passed In

State Auction Clearance Rates - November 2017

Auctions Clearance rate
NT 16 50%
ACT 124 75%
NSW 1,166 66%
QLD 146 55%
SA 149 68%
TAS 6 100%
VIC 1,665 67%
WA 43 50%

Local schools in Parap NT 0820

Any schools listed below are located within the suburb boundaries of Parap NT 0820. It is not intended to be a list of schools that are zoned for residents of Parap NT 0820.

Primary


Parap Primary School
Coed
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Disclaimer
All data and information relating to local schools is provided by CoreLogic as a courtesy only. CoreLogic does not make any representations or warranties regarding the accuracy and/or completeness of this data and information. Users should check directly with the local schools to verify this data and/or information.

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Suburb Information

Parap, NT 0820

Part of: Darwin Council No data available

View all properties for sale in Parap

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Parap   for Houses in last 12 months


There have been 17 Houses sold in Parap in the past 12 months with a median sale price of $700K, up -11.95% annually. It takes on average 104 days to sell with vendor discounting of -10.77%.

Streets in Parap


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