Malak is a smaller suburb in Northern Territory within the Darwin local government area (postcode 0812). The area has roughly 3,013 residents and a mix of families and early-career residents, with a median age of 35. Households earn a median income of $87K per year, with an average household size of 2.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.4% year-on-year at the LGA level. NT employment has moved +3.3% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NT also had 4 Commonwealth-backed major projects under construction, 3 underway, and 4 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, technicians & trades. Employment in the area leans toward public admin & safety and healthcare. The top ancestries reported are Australian, English, Aboriginal Australian.
Median house prices in Malak stand at $530,000, having fallen by 3.6% over the last twelve months. Units have a median price of $299,000 (-13.3% YoY). The median weekly rent is $301 (Census 2021). This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,950.
Malak is served by 3 schools, including 1 primary, 2 secondary. The average ICSEA score is 807, which is well below the national average of 1,000. Public transport access includes 17 bus stops.
Looking at the investment signals, Gross rental yield sits at around 3.0% (low yield). Property prices are near the state median ($530K/$750K). The price-to-income ratio of 6.1x is considered moderate. House prices have moved -3.6% year-on-year. Population growth of +1.4% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.