Your suburb, scored · Data as of Oct 2026

Parap, NT

Postcode 0804, 0820 · Darwin council area · Greater Darwin · One of 15,000 suburbs we score across 27 indicators, updated monthly

R-Score 92 / 100 — ranked #1,347 of 15,286 suburbs this month

Among the strongest markets in the country right now

Current buyer and rental conditions here rank in the top tier of the 15,000 suburbs we measure this month.

Scores describe measured market conditions — not personal advice, and not a forecast.

Median house price$930,000

Down 11.4% over the past 12 months of settled sales.

Median weekly rent$910/wk

That's a gross yield of 5.1% at the current median price.

Vacancy rate2.5%

Above the 1.5% line where the rental market starts to loosen.

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Best Streets in Parap, NT

Two streets in the same suburb can sit in completely different census blocks for owner-occupiers, public housing, and rental yield. Drill down into Parap's streets below.

Other High-Scoring Suburbs in Darwin (NT)

IndicatorParap ReadingContext & Benchmark
Ripehouse R-Score92 / 100Ranked #1,347 of 15,286 Australian suburbs (Oct 2026)
Median House Price$930,000-11.4% over the past 12 months of settled sales
Median Weekly Asking Rent$910/wkImplies a 5.1% gross rental yield at the current median price
Rental Vacancy Rate2.5%Above the 1.5% tight-supply threshold
Median Days on Market72 daysPart of Darwin (NT) council area (LGA avg R-Score 74/100)

Buyer's Agent & Quantitative Due Diligence

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Parap NT FAQs

Frequently Asked Questions: Investing in Parap, NT

Key answers from the Oct 2026 Ripehouse Advisory suburb and street research bake for Parap.

Is Parap NT a good suburb for property investment in 2026?

As of Oct 2026, Parap (NT 0804) scores 92/100 on the Ripehouse R-Score, ranking #1,347 out of 15,286 Australian suburbs. Among the strongest markets in the country right now. Key fundamentals include a median price of $930,000, median rent of $910/wk, gross yield of 5.1%, and vacancy of 2.5%.

What is the median house price and 12-month growth in Parap NT?

The current median property price in Parap (NT) is $930,000 (Oct 2026), representing a -11.4% change over the past 12 months. Properties in Parap currently spend a median of 72 days on market.

What is the rental yield and vacancy rate in Parap NT?

In Parap (NT), the median weekly asking rent is $910/wk, producing a gross rental yield of 5.1%. The suburb vacancy rate is 2.5% as of Oct 2026.

What are the best streets in Parap NT?

Ripehouse Advisory scores every G-NAF street in Parap against the suburb average for owner-occupancy, public housing, rent, and yield. Use the Parap Street Score tool on this page to compare individual streets.

Which council area (LGA) is Parap NT located in?

Parap (NT, postcode 0804, 0820) is located in the Darwin council area (LGA) within Greater Darwin. Across Darwin, the council-wide average R-Score is 74/100 across 40 suburbs.

R-Score and all figures are drawn from Ripehouse's research engine — 15,000 suburbs measured across 27 indicators, refreshed monthly (data as of Oct 2026). Scores describe past and current measured market conditions only. Past performance is not a reliable indicator of future performance. Nothing on this page is personal financial advice.