The Northern Territory property market has shown steady conditions in the latest data, with moderate price growth, rising rents and a more measured pace of sales compared to larger states.
Whether you're a first-home buyer looking to enter the market or an investor weighing up returns, this guide breaks down the latest data and key considerations to help you move forward in the NT.
Quick summary
The NT median house price sits at $595,106, keeping it one of the more affordable property markets nationally.
Prices have increased by 5.89% over the past year, pointing to renewed momentum after a softer period.
Median rent is $650 per week, with rents up 4.00% year on year.
Homes are taking a median of 60 days to sell, reflecting a slower, more selective market.
Action tip: Use Aussie’s tools to understand your borrowing power and plan carefully before making a move.
Source: Cotality
NT property market at a glance (latest data)
Metric | Northern Territory |
|---|---|
Median house price | $595,106 |
Median rent | $650 per week |
Annual price growth | 5.89% |
Annual rent growth | 4.00% |
Median days on market | 60 days |
Total properties sold (12 months) | 3,223 |
Source: Cotality
NT property market overview
The Northern Territory market has recorded moderate price growth and rising rents in the latest data, with conditions varying by suburb and property type.
5 key trends shaping the NT market:
Annual price growth has turned positive after a softer period.
Rental growth has continued, supporting income-focused buyers.
Days on market are longer than the national average, giving buyers more time to assess options.
Sales volumes remain relatively low, reflecting the NT’s smaller and more localised market.
Buyers are balancing affordability, rental demand, and long-term fundamentals when considering opportunities.
Source: Cotality
Explore more details about the Northern Territory property market.
Supply vs. buyer demand
Buyer and renter activity in the NT remains steady. With properties taking a median of 60 days to sell, buyers often have time to compare options and organise finance before committing.
“We’re seeing price growth in the NT driven by a few key factors like interstate investors are eyeing the market, local buyers are in a strong savings position, and the $10K NT Government First Home Buyer incentive for established homes is helping more people get in. It’s creating real momentum.” - Nathan Misell, Aussie Franchisee, Blackwood, Mount Barker & Palmerston
Metro snapshot: Suburbs to watch
Suburb | 6-month growth | 1-year growth |
|---|---|---|
0.6% | 1.5% | |
0.2% | 0.2% | |
0.2% | 6.7% |
Source: Cotality
While growth can vary by suburb, historical data highlights areas that have attracted interest due to affordability and tenant demand.
Top NT suburbs for property investors
Based on historical data, suburbs that have shown relatively higher rental yields include:
Suburb | Capital growth | Rental growth | Rental yield |
|---|---|---|---|
6.7% | 0.2% | 6.7% | |
0.2% | 0.2% | 7.0% | |
0.6% | 1.5% | 6.7% |
Source: Cotality
Tip: Use Aussie’s Borrowing Power Calculator to uncover your next move.
Home loan & financing considerations
Affordability and rental conditions can make the NT worth considering for first-time buyers and investors, depending on individual circumstances. Check your borrowing power early and explore available loan options with an Aussie broker.
First-Home Buyer Support includes:
Stamp duty concessions for eligible buyers
Some properties may fall under key affordability thresholds in select suburbs (eligibility and conditions apply).
Refinancing and equity opportunities
Own in NT? Now might be the time to review your home loan. Aussie’s tools can help you:
Identify equity for investment or renovations
Check your rate with a Home Loan Health Check
Understand your loan-to-value ratio in a shifting market
Your next steps
The NT market offers a different profile to larger states, with affordability, rental demand and a slower pace of sales shaping buyer decisions.
Aussie can help you:
Compare over 4,000 home loan options
Access suburb-level rent and yield data
Speak to a broker who knows NT’s real market
Plan your next move in the Top End with confidence.
