Bakewell, NT 0832

City of PalmerstonAll suburbs in postcode 0832

Updated

Median house price

$484,500

ABS statistical area (SA2) median · 2024

An SA2 can take in surrounding localities, so this can differ from sales in Bakewell itself.

Selling in Bakewell?

Get the free selling guide, personalised to Bakewell, or ask for a free appraisal from a local agent.

Bakewell at a glance

Median unit
$257,000
Population
3,091
Median age 32

Prices: ABS statistical area (SA2) median · 2024 · Population: 2021 Census

House prices in Bakewell

Across the ABS statistical area that takes in Bakewell, houses changed hands at $484,500 in 2024, in line with the the Northern Territory median. An SA2 can take in surrounding localities, so this can differ from sales in Bakewell itself. Units come in around $257,000, roughly 47% below the house median.

For buyers

A 20% deposit on the median house works out to roughly $97,000. Prices are in line with the the Northern Territory median, so the broader state lending settings apply.

See what you can borrow

Weekly rent (house)
$420/wk
Weekly rent (unit)
$380/wk

Rental data as of April 2026

Free appraisal in Bakewell

What’s your home worth in Bakewell?

Ask us to introduce one participating agent who sells in your area for an appraisal backed by recent comparable sales. Only with your permission, and no commitment to list.

What to know about Bakewell

Bakewell (0832) sits in the Palmerston region of the Northern Territory. The median house here is $484,500, in line with the the Northern Territory median of around $520K.

Bakewell has roughly 3,091 residents, with a young-family demographic. Households are a roughly even mix of owners and renters. Daily life is car-dependent: most residents drive to work, school and the shops.

What it’s like to live here

Bakewell scores 16/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.

Summer days here average around 32°C (hot), winter mornings around 18°C (mild). Annual rainfall lands at about 1,773 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).

Schooling within or near the suburb covers 9 government primary, 1 government secondary, 3 Catholic, 2 independent.

Schools in Bakewell

Schools serving Bakewell: government first, then Catholic and independent.

Government schools

Bakewell Primary School

T-6Co-edGovernment
Catchment

Rosebery Primary School

T-6Co-edGovernment
Catchment

Woodroffe Primary School

T-6Co-edGovernment
Catchment

© ACARA, licensed under CC BY 4.0.

Location

Walkability

Walk
16/100
Transit
0/100
Bike
100/100

Very car dependent. Scores out of 100, calculated from OpenStreetMap data (ODbL).

Walkability data as of May 2026· OpenStreetMap

Demographics

The 2021 Census put Bakewell's population at 3,091, with a median age of 32. That sits as a young-family demographic. Households are a roughly even mix of owners and renters (52% own, 46% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (70% family households, 26% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.

Family households
70%
Lone person
26%
Owner occupied
52%
Renter occupied
46%

Demographics data as of May 2026· ABS 2021 Census

Investment overview

Gross rental yield on houses sits at 4.51% (median rent $420/wk against a $484,500 price tag). Units yield 7.69% gross, often the better cash-flow play for first-time investors. With 46% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.

Gross yield, housesSource: ABS Data by Region (SA2-level, 2024) · Dec 2024
4.51%
On the $484,500 median
Gross yield, unitsSource: ABS Data by Region (SA2-level, 2024) · Dec 2024
7.69%
On the $257,000 median

Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.

Weather year-round

Annual rainfall
1,773 mm
Hottest month, avg max
34.8°C
Coldest month, avg min
17.8°C
Rainfall by month
J
F
M
A
M
J
J
A
S
O
N
D

Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.

Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations

Questions about Bakewell

What is the median house price in Bakewell?
The median house price for the ABS statistical area (SA2) that takes in Bakewell, NT 0832 is $484,500 (2024). An SA2 can take in surrounding localities, so this can differ from sales in Bakewell itself. The median unit price is $257,000.
How much is my house worth in Bakewell?
A useful starting point is the Bakewell median house price of $484,500 (units $257,000). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
What is the Bakewell postcode?
Bakewell is in the 0832 postcode, in NT, in the City of Palmerston region.
Where is Bakewell?
Bakewell is a suburb in the City of Palmerston area, NT 0832.
What is the average rent in Bakewell?
The median weekly rent for houses is $420, for units it's $380.
What schools are in Bakewell?
There are 16 schools serving Bakewell on this page, including Bakewell Primary School, Rosebery Primary School, Woodroffe Primary School.
How walkable is Bakewell?
Bakewell has a Walk Score of 16 out of 100, highly car-dependent. transit score 0, bike score 100.
What suburbs are near Bakewell?
Bakewell is close to Rosebery Heights, Rosebery, Gunn, Woodroffe, Gray.
What is the population of Bakewell?
The population of Bakewell is approximately 3,091 (2021 Census). The median age is 32.

Selling in Bakewell? Get the free selling guide

What selling costs, how agents price homes, what to ask them and a 12-week plan to settlement, personalised to Bakewell. A free PDF, in about a minute.

Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data

How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.