NT · 0820

Parap

Suburb profile, market snapshot and recent listings for Parap, NT 0820.

Parap, NT 0820

About Parap

Welcome to Parap

Parap sits just a few minutes north of Darwin's CBD, tucked between the harbour and the airport on the peninsula that gives the city its tropical, laid-back character. It's one of Darwin's most walkable and well-established inner suburbs, known locally for its famous Saturday market, leafy streets and a genuine mix of old Darwin bungalows and newer apartment living.

With a population of just under 2,900 and a median age of 36, Parap attracts a cross-section of young professionals, downsizers and long-term Territorians who want inner-city convenience without giving up the neighbourhood feel. It suits buyers and renters who want to walk to work, coffee and the market, rather than drive everywhere.

Lifestyle & dining

Parap's social heartbeat is the Parap Village Markets, held every Saturday morning and drawing crowds from right across Darwin for laksa, tropical fruit and local produce stalls. Beyond market day, the Parap shopping village keeps a steady flow of cafes, Asian eateries and casual dining that reflect Darwin's multicultural food scene, and it's the kind of strip locals duck into on foot rather than drive to.

The suburb's proximity to Fannie Bay and Stuart Park means residents can easily extend a night out or a weekend wander into those neighbouring pockets, while still coming home to Parap's quieter, tree-lined residential streets.

Shopping

The Parap shopping village is the obvious drawcard, anchored by the Saturday market but functioning as a useful everyday strip too, with grocers, bakeries and specialty stores. For bigger shopping needs, Darwin's CBD is only a short trip away, and Casuarina's larger retail precinct is accessible for those wanting a bigger shopping centre fix.

Getting around

Parap's location just north of the Darwin CBD makes it one of the more commutable suburbs in the city, with Woolner, The Narrows and Bayview all close by and the airport a short drive away, handy for frequent flyers. Buses connect Parap into Darwin's broader public transport network, though like much of the city, having a car makes day-to-day life easier, particularly for reaching Casuarina or the northern suburbs.

Its central position also means Stuart Park and Fannie Bay are an easy cycle or drive, putting the harbour foreshore, Mindil Beach and the CBD's office and government precincts all within a few minutes.

Schools & families

Parap Primary School serves the local area and is a long-established part of the suburb's community fabric, drawing families who value being able to walk children to school. Families with older children typically look to Darwin's broader secondary school network, given the suburb's compact size and its role primarily as a primary-years community hub.

Housing & architecture

Housing in Parap is a genuine mix, from classic elevated Darwin bungalows on generous blocks to more recent low-rise apartment developments, and the current listings mix reflects that shift, with apartments and units now making up around 89% of what's on the market, houses about 8%, and other dwelling types making up the remainder. This tilt toward apartment living is typical of Darwin's inner suburbs, where lifestyle buyers and investors have driven steady unit development close to the CBD.

For those after a freestanding home, Parap's houses tend to be older, character-filled properties, often raised on stilts in traditional Territory style, while newer buyers are more likely to be looking at apartments and townhouses.

The property market

Parap's median house price currently sits at $1.12 million, having recorded strong growth of 12.9% recently, a sign of sustained demand for the suburb's inner-city position and lifestyle appeal. Units and apartments are considerably more accessible, with a median price of $454,000, making them the entry point for many buyers and a major reason apartments dominate current listings.

Renters are looking at a median of $925 a week across the suburb, reflecting Parap's popularity with professionals and those wanting to be close to the CBD, the market and the harbour without a lengthy commute. With such a strong skew toward apartments in the current listings, buyers chasing a house will likely face more competition and fewer choices than those looking at unit stock.

Market snapshot

Parap property market

Median price ranks #3,516 of 3,797 suburbs · pricier than 7%
Type

Median sale price

$1.12m

House · 4 bed

Median rent

$925

per week

Gross rental yield

4.3%

annual rent ÷ sale price

Typical price range

Entry

$597k

Median

$1.12m

Premium

$1.54m

Days on market

Auction clearance

0%

Sold this year

10

Median sold price trend · House 4 bed

Compound growth +6.2% / yr over 4 yrs

Property types on market

Share of current listings in Parap by dwelling type.

Apartment / Unit89%
House8%
Other3%

Who lives here

Demographics

ABS Census 2021 figures for Parap, NT 0820.

Population

2,819

residents (2021)

Median age

36

years

Household income

$2,231

median, per week

Median rent

$415

per week

Median mortgage

$2,232

per month

Mortgage / income

23%

comfortable

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Education

Schools in Parap

Government school catchment

Parap Primary School

T-6CoEdGovernment
Visit school website →

Recent results

Recently sold in Parap

$725k

348/12 Salonika Street

apartment3 bd · 2 ba · 2 car

Sold ~July 2026

$441k

315/12 Salonika Street

apartment1 bd · 1 ba · 1 car

Sold ~July 2026

$490k

7/16 Mackillop Street

apartment2 bd · 2 ba · 2 car

Sold ~July 2026

$655k

66/14 Salonika Street

apartment3 bd · 2 ba · 2 car

Sold ~July 2026

$610k

21/4 Mitaros Place

apartment3 bd · 2 ba · 2 car

Sold ~July 2026

$399k

419/12 Salonika Street

apartment1 bd · 1 car

Sold ~June 2026

$249k

412/12 Salonika Street

apartment1 bd · 1 car

Sold ~June 2026

$395k

386/12 Salonika Street

apartment1 bd · 1 car

Sold ~June 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in Parap

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Compare the area

Price map around Parap

Every listing for sale near Parap, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

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ParapNearby suburbs

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Common questions

Parap suburb FAQ

What is the median property price in Parap?

The median unit price in Parap, NT is $454k for a 2-bedroom home. Over the past year, median sold prices have risen about 37.6%.

How much is rent in Parap?

The median weekly rent in Parap is around $645 per week.

Is Parap a good place to live?

Parap is an inner suburb of the city of Darwin, Northern Territory, Australia. Parap is an established residential suburb in NT, with a population of around 2,819 and 1 school in the area.

What is the population of Parap?

Parap has a population of 2,819 (ABS 2021 Census), with a median age of 36.

What schools are in Parap?

There is 1 school in or near Parap, including Parap Primary School.

How long do homes take to sell in Parap?

Properties in Parap take around 82 days to sell on average, with an auction clearance rate of about 0%.

How much do you need to buy in Parap?

Entry-level properties in Parap start around $317k, while premium homes reach $541k.

What suburbs are near Parap?

Suburbs near Parap include Woolner, The Narrows, Bayview, Stuart Park and Fannie Bay.

Available now

Properties in Parap

View all listings →
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For Sale
$739,000
apartment

Views That Never Get Old

351/12 Salonika Street, Parap NT 0820
322
Raine & Horne Darwin1 week ago
Ask AI about this property
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For Sale
$149,000
studio

PURE INVESTMENT & OR PLEASURE, PAYS IT OWN WAY

52 Gregory Street, Parap NT 0820
116 m²
Call2View Real Estate1 week ago
Ask AI about this property
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For Sale
Under Contract
apartment
StMate est. ~$440k

Opportunities still exist

94/16 Hudson Fysh Ave, Parap NT 0820
2112 ha
United Realty NT1 month ago
Ask AI about this property
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NewFor Sale
$400,000
apartment

Premium Parap Living at Spirit on The Avenue

376/12 Salonika Street, Parap NT 0820
112119 m²
SMITH REAL ESTATE NT3 days ago
Ask AI about this property
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NewFor Sale
$535,000
apartment

Nestled in a tropical garden paradise

29/45 Parap Road, Parap NT 0820
212
Colliers International Darwin3 days ago
Ask AI about this property
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For Sale
Auction
house
StMate est. ~$965k

1380m2! Modern, Relaxed and Ready to Entertain!

6 Wilkinson Street, Parap NT 0820
3221380 m²
Real Estate Central NT1 week ago
Ask AI about this property
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For Sale
$420,000
apartment

The crown jewel of the complex, perfectly positioned by the pool.

76/16 Hudson Fysh Avenue, Parap NT 0820
21169 m²
@realty3 weeks ago
Ask AI about this property
Image 1
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NewFor Sale
$400,000
apartment

City Fringe Investment

419/12 Salonika Street, Parap NT 0820
111
Raine & Horne Darwin6 days ago
Ask AI about this property
Image 1
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For Sale
$750,000
apartment

DUAL-KEY GEM IN THE HEART OF PARAP!

333/334/12 Salonika Street, Parap NT 0820
332239 m²
Elders Top End Group1 month ago
Ask AI about this property
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For Sale
$680,000
apartment

Marvellous water views, spacious layout, incredible amenities!

22/14 Salonika Street, Parap NT 0820
322238 m²
Ray White Darwin1 month ago
Ask AI about this property
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For Sale
$995,000
house

Prime Parap Living with Pool and Space to Entertain

24 Broadbent Street, Parap NT 0820
424488 m²
Call2View Real Estate4 weeks ago
Ask AI about this property
Image 1
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For Sale
$575,000
apartment

Parap Perfection: Ground-Floor Gem with Huge Courtyard

G01/2 Elsey Street, Parap NT 0820
222
Carol Need Real Estate Pty Ltd1 month ago
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