Thinking about buying in Parap? Now could not be a better time, with 2116 residential properties there's certainly plenty to choose from. Parap is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $269.00 |
Median Monthly Mortgage | $1755.00 |
Median Persons Per Bedroom | 0.90 |
Average Household Size | 2.00 |
Average Age | 35.00 |
Average Income | $911.00 |
Average Cars Per Dwelling | 1.28 |
Average Properties Within 50M | 54 |
Consistent high demand relative to supply is a key feature in Parap driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Parap ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Parap provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Parap requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
UNIT 23, 5 MITAROS PL, PARAP, NT, 0820 | 2 | 2 | 2 | ||
UNIT 19, HASTINGS OVER MINDIL, 14 SALONIKA ST, PARAP, NT, 0820 | 3 | 2 | 2 | Price Guide $650,000 | |
UNIT 8, HASTINGS OVER MINDIL, 14 SALONIKA ST, PARAP, NT, 0820 | 3 | 2 | 2 | Offers Over $600k | |
UNIT 7, 9 DRYSDALE ST, PARAP, NT, 0820 | 3 | 2 | 2 | Investors! $448,000 |
Parap Primary School
Darwin Middle School
St John's Catholic College
Ludmilla Primary School
Darwin High School
Northern Territory School of Distance Education
Stuart Park Primary School
St Mary's Catholic Primary School
(While the above schools are located with the suburb of Parap there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 15.8 | 25.1 | 32.0 | 63.1 | 94.1 | 4.7 | 18.8 |
Feb | 13.8 | 25.3 | 32.2 | 62.4 | 93.8 | 4.4 | 21.0 |
Mar | 8.2 | 25.2 | 32.7 | 58.5 | 94.6 | 3.7 | 21.2 |
Apr | 3.7 | 24.3 | 33.1 | 46.7 | 92.5 | 3.5 | 21.8 |
May | 0.7 | 22.5 | 32.4 | 37.4 | 86.1 | 3.9 | 20.8 |
Jun | 0.0 | 20.0 | 31.3 | 31.6 | 85.9 | 3.9 | 20.2 |
Jul | 0 | 19.5 | 31.6 | 29.2 | 87.6 | 3.7 | 20.8 |
Aug | 0.1 | 19.6 | 32.2 | 27.1 | 89.2 | 3.6 | 22.6 |
Sept | 0.8 | 22.8 | 33.5 | 35.6 | 89.8 | 3.7 | 24.7 |
Oct | 2.4 | 24.5 | 34.0 | 41.0 | 89.9 | 4.0 | 25.4 |
Nov | 5.4 | 25.3 | 34.0 | 48.7 | 90.7 | 3.7 | 24.6 |
Dec | 7.5 | 25.7 | 33.5 | 55.2 | 92.2 | 3.7 | 22.6 |
source: Australian Government Bureau of Meteorology
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