0820 · NT

Parap

Data updated Q4 2025 · 145 bond lodgements/qtr

	House	Unit
Median rent	$680/wk	$460/wk
1yr change	↑ 11.1%(was $612/wk)	↑ 11.1%(was $414/wk)
3yr change	↑ 38.8%(was $490/wk)	↑ 42.9%(was $322/wk)
Vacancy rate	2.8%moderate
Bond lodgements	145 per quarter

Vacancy rate context

A healthy rental market sits around 3% vacancy. At 2.8%, Parap has moderate availability. Tenants have some choice, though the market still slightly favours landlords.

Other suburbs in NT

Darwin CBD$720/wk↑ 11.1%

Palmerston$600/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 Parap (2-bed unit): $391/wkQ4 2025 · 145 bonds