Parap, NT 0820
Unincorporated NTAll suburbs in postcode 0820
Updated
Median house price
$945,000
ABS statistical area (SA2) median · 2024
An SA2 can take in surrounding localities, so this can differ from sales in Parap itself.
Selling in Parap?
Get the free selling guide, personalised to Parap, or ask for a free appraisal from a local agent.
Parap at a glance
- Median unit
- $365,000
- Population
- 2,819
- Median age 36
Prices: ABS statistical area (SA2) median · 2024 · Population: 2021 Census
House prices in Parap
Across the ABS statistical area that takes in Parap, houses changed hands at $945,000 in 2024, well above the the Northern Territory median. An SA2 can take in surrounding localities, so this can differ from sales in Parap itself. Units come in around $365,000, roughly 61% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $189,000. Prices sit well above the the Northern Territory median, so plan for a stretched deposit and shop carefully on borrowing capacity.
- Weekly rent (house)
- $400/wk
- Weekly rent (unit)
- $415/wk
Rental data as of April 2026
Free appraisal in Parap
What’s your home worth in Parap?
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 Parap
Parap (0820) sits in the Unincorporated NT region of the Northern Territory. The median house here is $945,000, well above the the Northern Territory median of around $520K.
Parap has roughly 2,819 residents, with a typical family-age mix. Households are renter-heavy. Daily life is car-friendly: most residents drive to work, school and the shops.
What it’s like to live here
Parap scores 32/100 on walkability, which makes it car-friendly 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 19°C (mild). Annual rainfall lands at about 1,737 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 10 government primary, 5 government secondary, 2 Catholic, 2 independent.
Schools in Parap
Location
Walkability
- Walk
- 32/100
- Transit
- 0/100
- Bike
- 100/100
Car dependent. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
The 2021 Census put Parap's population at 2,819, with a median age of 36. That sits as a typical family-age mix. Households are renter-heavy (36% own, 61% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (60% family households, 31% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
- Family households
- 60%
- Lone person
- 31%
- Owner occupied
- 36%
- Renter occupied
- 61%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Gross rental yield on houses sits at 2.20% (median rent $400/wk against a $945,000 price tag). Units yield 5.91% gross, often the better cash-flow play for first-time investors. With 61% 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
- 2.20%
- On the $945,000 median
- Gross yield, unitsSource: ABS Data by Region (SA2-level, 2024) · Dec 2024
- 5.91%
- On the $365,000 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
- 1,737 mm
- Hottest month, avg max
- 34.0°C
- Coldest month, avg min
- 18.7°C
Rainfall by month
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 Parap
- What is the median house price in Parap?
- The median house price for the ABS statistical area (SA2) that takes in Parap, NT 0820 is $945,000 (2024). An SA2 can take in surrounding localities, so this can differ from sales in Parap itself. The median unit price is $365,000.
- How much is my house worth in Parap?
- A useful starting point is the Parap median house price of $945,000 (units $365,000). 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 Parap postcode?
- Parap is in the 0820 postcode, in NT, in the Unincorporated NT region.
- Where is Parap?
- Parap is a suburb in the Unincorporated NT area, NT 0820.
- What is the average rent in Parap?
- The median weekly rent for houses is $400, for units it's $415.
- What schools are in Parap?
- There are 20 schools serving Parap on this page, including Parap Primary School, Stuart Park Primary School, Ludmilla Primary School.
- How walkable is Parap?
- Parap has a Walk Score of 32 out of 100, car-dependent for most errands. transit score 0, bike score 100.
- What suburbs are near Parap?
- Parap is close to Woolner, Fannie Bay, The Narrows, Bayview, Stuart Park.
- What is the population of Parap?
- The population of Parap is approximately 2,819 (2021 Census). The median age is 36.
Selling in Parap? 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 Parap. A free PDF, in about a minute.
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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.