Parap Property Investment Overview

Suburb research data for Parap, NT 0804 — median prices, rental yield and suburb signals. General information only.

Government Public Data Price 2025 Rent 2021
Median House Price
$844,480
2025 data · estimate
Gross Rental Yield
2.6%
Weekly Rent
$415
Renter Demand
83%
of residents rent
Vacancy Rate
Rental market indicator
Population
2,819
Suburb residents

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📍 Suburb Overview

State NT
Postcode 0804
Median house price $844,480
Median unit price
Weekly rent (median) $415/wk (unlock cashflow model)
Gross yield 2.6% (unlock risk & score)
Renter % 82.7%
Vacancy rate
Population 2,819
Median household income $116,012/yr
Owner-occupied 17.3%
Median age 36 yrs
Total dwellings 833

🛡️ Safety & Crime

Reported crime level Higher reported crime
Incidents / 1,000 residents 90

Parap shows above-average reported crime compared with other NT suburbs, based on 2026 state police data.

Source: NT police / crime statistics. Reported offences vary by category and reporting practices — check current local figures before deciding.

Investment Signals

Confidence: Low Low

Limited recent transactions — the price is an estimate, not transaction-verified. Treat as a starting point.

Last updated: 2025 · Public suburb-level data coverage varies by location and source. Verify current figures before making property decisions.

High renter proportion (83%) — strong rental demand base
⚠️ Price is an estimate — limited recent transaction data available
⚠️ Rent data is from 2021 — may not reflect current market
⚠️ Higher reported crime (90 incidents/1,000 residents) — NT reported data 2026
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Price History

We only chart a price trend when the underlying source data is consistent enough to be reliable. For this suburb, the current median above reflects the latest data we can stand behind.

🏫 Schools

School data is not yet available for NT suburbs (currently NSW & VIC).

🔄 Compare & Explore

Parap's 2.6% gross rental yield is above the NT median of 2.3%, across 79 NT suburbs with public data.

Similar suburbs in NT by price range, ranked by yield:

Darwin City, NT
3.2% yield
$727,000
Zuccoli, NT
3.2% yield
$906,000
Durack, NT
3.1% yield
$835,000
Bakewell, NT
3.0% yield
$660,000
Braitling, NT
3.0% yield
$737,000
Gunn, NT
3.0% yield
$839,000
Compare with nearby Open comparison →
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💰 Cashflow Snapshot

80% LVR · 6.2% interest · indicative only — not financial advice
Purchase price $844,480
Deposit (20%) $168,896
Loan (80% LVR) $675,584
Weekly rent $415/wk
Annual rent income $21,580/yr
Est. annual interest -$••,•••
Mgmt fees + costs -$•,•••
Est. net cashflow +/- $••,•••/yr
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❓ Frequently Asked Questions

Is Parap a good suburb to invest in?

Parap has a high renter proportion (83%). Use this data as a research signal only. Always conduct property-level due diligence and seek independent professional advice before making any investment decision.

What is the median house price in Parap?

The median house price in Parap is approximately $844,480 based on 2025 public data (estimate — limited transaction evidence available).

What is the rental yield in Parap?

The indicative gross rental yield in Parap is 2.6%, based on a median weekly rent of $415 against a median price of $844,480. This is general data only — actual yields vary by property, condition and market timing.

How does Parap compare to other suburbs?

Use the suburb comparison tool to compare Parap against other Australian suburbs by price, yield, vacancy and renter demand.

Is Parap a safe suburb?

Parap shows above-average reported crime compared with other suburbs in NT, based on 2026 state police data. The reported crime rate is about 90 incidents per 1,000 residents. Always check current local crime statistics before deciding.

Where does PropertyScoutAU get its suburb data?

PropertyScoutAU uses public and government datasets where available, including price, demographic and rental indicators. Coverage varies by suburb and some fields may be estimated or unavailable. See our data sources page for full details.

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General information only. PropertyScoutAU provides suburb-level research data from government public sources. All figures are indicative medians and may not reflect current market conditions or individual property values. This is not financial, investment, legal or tax advice. Always verify independently and consult qualified professionals before making any property decision. About our data →