Parap at a glance
3,175
People
$1,000,000
Median sale
$415/wk
Median rent
2.16%
Suburb gross yield
Median sale from 11 recorded sales (last 24 months) — a Districts calculation.
NT › Parap › Salonika St
$495,000
For sale
Asking
2
Bedrooms
2
Bathrooms
1
Car spaces
152 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$495,000
Asking · $3,257/m² of land
No recorded sale for this property.
Parap at a glance
3,175
People
$1,000,000
Median sale
$415/wk
Median rent
2.16%
Suburb gross yield
Median sale from 11 recorded sales (last 24 months) — a Districts calculation.
Vs Parap
-50.5%
Median sale
Suburb $1,000,000
+2.20 pp
Gross yield
Suburb 2.16%
Suburb median $1,000,000 from 11 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
$27,408 on top of the price (5.5% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Northern Territory schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Parap's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NTNT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry. Listed land size is 152 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $415/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 4.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownNT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry. Listed land size is 152 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. This jurisdiction has no comparable official bond series in the free set.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Parap at a glance
3,175
People
$1,000,000
Median sale
$415/wk
Median rent
2.16%
Suburb gross yield
Median sale from 11 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Absolute Real Estate NT SalesAbsolute Real Estate is proud to present this exceptional two-bedroom, two-bathroom apartment perched on the 7th floor of the sought-after Avenue complex in Parap, where contemporary design meets an enviable lifestyle of luxury and convenience.
From the moment you step inside, the apartment impresses with its light-filled interiors and thoughtful layout. Fully air-conditioned throughout for year-round comfort, the tiled living areas provide a sleek, modern finish that is both stylish and easy to maintain. The spacious open-plan lounge and dining zone offers flexibility for everyday living and entertaining alike, comfortably accommodating family gatherings or relaxed evenings with friends.
At the heart of the home sits a modern, well-appointed kitchen, complete with gas cooking for precision, a dishwasher for effortless clean-up, and generous cabinetry to keep everything neatly tucked away. Flowing seamlessly from the living space, the large private balcony invites you to unwind outdoors, whether enjoying a quiet morning coffee or an evening drink while taking in sweeping views across the ocean and Darwin's skyline.
Both bedrooms are generously proportioned and fitted with built-in robes, while the master bedroom is complemented by a stylish ensuite, creating a private retreat away from the main living areas. The second bathroom services both guests and the second bedroom and cleverly incorporates a discreet laundry nook for added practicality.
The apartment also includes one secure car park and a lockable storage shed, ideal for bikes, tools or recreational equipment. Secure keycard access to the building adds an extra layer of privacy and peace of mind, reinforcing the exclusive feel of the complex.
Living at The Avenue means enjoying a true resort-style lifestyle. Residents have access to exceptional facilities including a 25-metre lap pool for fitness and a separate leisure pool with a toddler section, perfect for relaxed afternoons by the water.
This stunning apartment delivers not just a beautifully finished home, but access to a lifestyle that is hard to match in one of Darwin's most vibrant suburbs. Whether you are seeking an elegant residence or a premium lifestyle investment, this is an opportunity not to be missed.
Around the Suburb:
Parap Village Markets are nearby for fresh produce and weekend food stalls
Parap Pool is close for a quick swim or afternoon cool-off
East Point Reserve is minutes away for walks, picnics and harbour views
Darwin Military Museum at East Point offers local history and exhibits
About the Property:
Council rates: $1,460.00 per annum
Area under title: 152 Square metres
Easements: None found
Year built: 2014
Body Corporate Management: Whittles Body Corporate
Body Corporate Levies: $2,365.00 per quarter
Currently tenanted to 07/01/2027 at $600 per week
Listing description written by Maria Kathopoulis, Absolute Real Estate NT Sales — reproduced as published, not verified by Districts.