Darwin home prices rose 0.03% in March according to the PropTrack Home Price Index Report for March 2024^. It takes the median home value to $482,000, which is just 0.64% below their level a year ago.
Unlike the larger capital cities, prices in Darwin have not fully recovered, and remain 2.58% below their May 2022 peak.
Across the rest of the Territory, property values rose 0.03% in March but are down by 2.93% over the past year. The median home value outside of Darwin is currently $424,000.
^ https://www.proptrack.com.au/home-price-index/
