Affordability ranking · NT

The most affordable suburbs in Northern Territory.

Suburbs with the lowest median house prices, great entry points into the property market. Filtered to Northern Territory suburbs only.

About this ranking

'Most affordable' here means lowest median house price, the entry-level suburbs in each state. Affordability isn't the same as good value: a $400K outer-fringe suburb with stagnant population growth and weak infrastructure can be a worse buy than a $700K middle-ring suburb with structural demand. Use this list as a starting point for further research, not a final shortlist.

Northern Territory property market in 2026

The Northern Territory market is small, illiquid, and unusually exposed to public-sector wages and defence-sector activity. Darwin median house prices sit around $580K, the lowest of any capital, and rental yields are correspondingly higher (often 5%+). The market has been firming through 2024-2025 after a long flat period; 2026 sees solid demand but limited stock.

  • Buyer tip, NT

    First home buyers building or buying a new home in the NT can get the $50K HomeGrown Territory Grant (contracts to 30 September 2027), the largest first home grant in the country. The NT's HomeBuild Access loans are designed for the local market too; check both before defaulting to a big-four bank.
  • Watch out, NT

    Cyclone exposure and tropical-climate maintenance costs mean Darwin properties carry higher insurance premiums and ongoing capex than southern equivalents. Factor an additional $3K to $5K per year into your holding-cost assumptions.
  • Methodology

    Sorted by median house price, lowest first, from $100,000. Only a median the suburb's own page publishes is ranked: NSW Valuer General sales, Land Victoria and SA Government quarterly medians, and ABS statistical-area (SA2) medians in the other states and territories, on at least five recorded sales where the count is known. An SA2 median is for the area that carries the suburb's name, which can take in surrounding localities.
  • Best for

    First home buyers prioritising entry into the property market; rentvestors looking for high-yield, lower-entry investments; buyers willing to commute further for a freestanding house.

Showing top 29 suburbs in Northern Territory

Ranked from 29 suburbs in the Northern Territory with a published median. Prices for the Northern Territory are ABS statistical-area (SA2) medians: each is the median for the area that carries the suburb's name. An SA2 can take in surrounding localities, so a figure can differ from sales in the suburb itself.

#1Tennant Creek

NT 0862

Median price

$275,000

Annual growth

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#2Moulden

NT 0830

Median price

$380,000

Annual growth

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#3Gray

NT 0830

Median price

$390,000

Annual growth

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#4Woodroffe

NT 0830

Median price

$427,000

Annual growth

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#5Karama

NT 0812

Median price

$435,000

Annual growth

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#6Larapinta

NT 0875

Median price

$440,250

Annual growth

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#7Driver

NT 0830

Median price

$457,500

Annual growth

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#8Wagaman

NT 0810

Median price

$470,000

Annual growth

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#9Bakewell

NT 0832

Median price

$484,500

Annual growth

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#10East Side

NT 0870

Median price

$500,000

Annual growth

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#11Tiwi

NT 0810

Median price

$500,000

Annual growth

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#12Anula

NT 0812

Median price

$530,000

Annual growth

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#13Wulagi

NT 0812

Median price

$532,500

Annual growth

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#14Moil

NT 0810

Median price

$550,000

Annual growth

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#15Alawa

NT 0810

Median price

$575,000

Annual growth

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#16Millner

NT 0810

Median price

$595,000

Annual growth

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#17Leanyer

NT 0812

Median price

$597,500

Annual growth

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#18Wanguri

NT 0810

Median price

$627,500

Annual growth

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#19Coconut Grove

NT 0810

Median price

$645,000

Annual growth

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#20Jingili

NT 0810

Median price

$649,000

Annual growth

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#21Weddell

NT 0822

Median price

$670,000

Annual growth

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#22Mount Johns

NT 0874

Median price

$685,000

Annual growth

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#23Humpty Doo

NT 0836

Median price

$690,000

Annual growth

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#24Ross

NT 0873

Median price

$767,500

Annual growth

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#25Rapid Creek

NT 0810

Median price

$800,000

Annual growth

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#26Stuart Park

NT 0820

Median price

$820,000

Annual growth

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#27Parap

NT 0820

Median price

$945,000

Annual growth

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#28Nightcliff

NT 0810

Median price

$965,000

Annual growth

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#29Larrakeyah

NT 0820

Median price

$1,775,000

Annual growth

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Common questions

About this ranking

Are the cheapest suburbs always the worst suburbs?

No. Affordability often reflects distance from CBD, sparse public transport, or limited amenity rather than 'bad' attributes. Plenty of affordable suburbs are growing strongly because the local economy and demographics are improving. Always look at population trend, infrastructure pipeline, and rental vacancy alongside price.

Should I buy the cheapest house I can or save for longer?

Depends on your timeline. If you'll hold for 10+ years, time-in-market usually beats waiting for a bigger deposit on a 'better' suburb. If you'll move within 3-5 years, transaction costs (stamp duty + agent fees) on the entry purchase can wipe out modest growth.

What about regional vs outer-metro for affordability?

Outer-metro typically holds value better because it's still tied to the capital city economy. Regional towns can offer better entry pricing but add commute risk if you need to fall back on metro employment. Strong regional centres (Newcastle, Geelong, Toowoomba) split the difference well.

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