Parap NT 0820
Parap is in Darwin LGA, NT, postcode 0820, with population 2,819.
Strong evidence
Parap has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Schools, Transport, and Population growth. Missing or weaker areas are still shown so the page does not overstate precision.
86 latest-year approvals in Darwin, +0.0% YoY; population +1.4% YoY (1.1% 5yr).
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Release-based suburb price series, not a live market feed
This gives you directional coverage, but it is weaker than a current rent release.
Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.
Parap has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Schools, Transport, and Population growth. Missing or weaker areas are still shown so the page does not overstate precision.
Use compare to test the suburb against another candidate, then validate financial assumptions in the calculator where available.
Property prices, Schools, Transport, Population growth
Market rent
Crime, Hospitals
Parap currently reads as a growth-momentum candidate.
Recent price movement shows visible market momentum. Transport coverage adds a practical access signal. Gross yield looks low for an income-first use case.
Compare it against a contrasting suburb before turning it into a decision.
Recent price movement shows visible market momentum. Transport coverage adds a practical access signal. Higher SEIFA context supports a stronger local-quality read.
Gross yield looks low for an income-first use case.
No decisive evidence gap was detected from the current inputs.
Compare-ready
- Buyers want a quick sense of price, schools, and neighbourhood scale before getting lost in data.
- Investors want to know whether rent, yield, and affordability broadly support the suburb story.
- Researchers want one place that ties property, demographics, transport, and services together.
Price history
Full data detail
Parap NT
Parap is a smaller suburb in Northern Territory within the Darwin local government area (postcode 0820). With a population of 2,819, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $116K per year, with an average household size of 2.3 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 +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NT also had 4 Commonwealth-backed major projects under construction, 3 underway, and 5 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward public admin & safety and healthcare. The top ancestries reported are English, Australian, Irish.
The median house price in Parap is $945,000, having surged 14.5% over the past year. Units have a median price of $365,000 (+12.3% YoY). The median weekly rent is $415 (Census 2021). This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,232.
Parap is served by 1 school, including 1 primary. The average ICSEA score is 1066, which is above the national average of 1,000. Public transport access includes 12 bus stops.
From an investment perspective, Parap offers a gross rental yield of 2.3%, rated as low yield. Property prices are above the state median ($945K/$711K), placing it in the premium segment. The price-to-income ratio of 8.1x is considered moderate. House prices have moved +14.5% year-on-year. Population growth of +1.4% year-on-year indicates stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Parap is a smaller suburb in Northern Territory within the Darwin local government area (postcode 0820). With a population of 2,819, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $116K per year, with an average household size of 2.3 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 +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NT also had 4 Commonwealth-backed major projects under construction, 3 underway, and 5 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward public admin & safety and healthcare. The top ancestries reported are English, Australian, Irish.
The median house price in Parap is $945,000, having surged 14.5% over the past year. Units have a median price of $365,000 (+12.3% YoY). The median weekly rent is $415 (Census 2021). This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,232.
Parap is served by 1 school, including 1 primary. The average ICSEA score is 1066, which is above the national average of 1,000. Public transport access includes 12 bus stops.
From an investment perspective, Parap offers a gross rental yield of 2.3%, rated as low yield. Property prices are above the state median ($945K/$711K), placing it in the premium segment. The price-to-income ratio of 8.1x is considered moderate. House prices have moved +14.5% year-on-year. Population growth of +1.4% year-on-year indicates stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Parap FAQ
Common questions-
What LGA is Parap in?
Parap is in the Darwin Local Government Area, NT, postcode 0820. Council-level context for Darwin LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.
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What is the median house price in Parap?
The current median house price in Parap, NT is $945K, based on the latest available sales data from state Valuers General offices and ABS Data by Region.
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What is the typical weekly rent in Parap?
The median weekly rent in Parap is $415/wk, based on ABS Census 2021 rent fallback.
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Is Parap a good investment?
QuickProperty's investment signals for Parap show: Low Yield, Above Median, Moderate. These are computed from price, rent, income, and population data — not an opaque score.
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Where does QuickProperty get its data for Parap?
Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.
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How often is the Parap data updated?
Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.