0830 · NT

Palmerston

Data updated Q4 2025 · 198 bond lodgements/qtr

	House	Unit
Median rent	$600/wk	$420/wk
1yr change	↑ 11.1%(was $540/wk)	↑ 11.1%(was $378/wk)
3yr change	↑ 38.6%(was $433/wk)	↑ 42.9%(was $294/wk)
Vacancy rate	3.5%healthy
Bond lodgements	198 per quarter

Vacancy rate context

A healthy rental market sits around 3% vacancy. At 3.5%, Palmerston has a relatively healthy rental market. Tenants have reasonable negotiating power.

Other suburbs in NT

Darwin CBD$720/wk↑ 11.1%

Parap$680/wk↑ 11.1%

Nightcliff$650/wk↑ 11.1%

Fannie Bay$700/wk↑ 11.1%

Rapid Creek$620/wk↑ 11.1%

Casuarina$590/wk↑ 11.1%

Compare suburbs side by side →

Median rents are calculated from rental bond lodgements submitted to state government authorities (NSW Fair Trading, RTBA VIC, RTA QLD, CBS SA, DMIRS WA). Data is updated quarterly and represents the median weekly rent for new tenancies.

Suburb

Property type

Bedrooms

Your weekly rent

$/wk

Median rent in Palmerston (2-bed unit): $357/wkQ4 2025 · 198 bonds