Top Suburbs for Rental Yield in NT
Thinking of investing in the Northern Territory? Learn more about the top rental yield suburbs in the area below.
Why should you invest in the Northern Territory real estate?
The Northern Territory may be an appealing destination for property investors because of its higher-than-average rental yield percentages, relatively low vacancy rates, and affordable house prices.
The territory has the lowest average house price in Australia at only $484,000. That’s a far cry from states like New South Wales, Victoria, and Queensland, where the average property price is around a million dollars. Since the starting capital for property investment in the Northern Territory is much lower compared to other states, it makes it easier for those just starting out or those who want to diversify their portfolio.
Aside from lower property prices, the Northern Territory boasts reliable infrastructure, great nature spots, a thriving local economy, tax incentives for investors, and is ideally located for travellers. For property investors, the Top End could be a top investment opportunity.
Suburbs in Greater Darwin with the highest rental yield
Darwin is quickly gaining popularity among investors due to its low prices, high rental yields, and growing local economy. According to the latest SQM Research data, the vacancy rate for the city is at 1% (November 2025). This could indicate a strong demand for rental property in the city. For reference, a healthy vacancy rate for investments is generally considered between 2% and 3.5%.
Top rental yield by Suburb in Greater Darwin (houses)
| Suburb | Region | Rental Yield | Median Rental Value |
|---|---|---|---|
| Rapid Creek | Darwin Suburbs | 15.6% | $812 |
| Wagaman | Darwin Suburbs | 9.9% | $691 |
| Coconut Grove | Darwin Suburbs | 9.9% | $764 |
| Lyons | Darwin Suburbs | 9.6% | $923 |
| Muirhead | Darwin Suburbs | 9.5% | $892 |
| Moil | Darwin Suburbs | 9.1% | $707 |
| Anula | Darwin Suburbs | 8.6% | $683 |
| Moulden | Palmerston | 8.4% | $602 |
| Bellamack | Palmerston | 8.3% | $789 |
| Bakewell | Palmerston | 8.1% | $663 |
Source: Cotality Best of the Best 2025
The highest rental yield suburbs in Greater Darwin are found in the Darwin Suburbs and Palmerston region. The highest rental yield for houses is in Rapid Creek, which is known for scenic nature destinations and a great atmosphere. Most of the suburbs on the list are close to the Darwin CBD, making them more desirable for a lot of renters.
The rental yields between the top suburbs are within close range of each other, except for Rapid Creek, which is significantly higher than the rest, with 15.6%, a 5.7% difference from Wagaman, that’s right below it on the list. It's interesting to note that even with such close rental yield percentages, the median rental value fluctuates among the top suburbs.
Top rental yield by Suburb in Greater Darwin (units)
| Suburb | Region | Rental Yield | Median Rental Value |
|---|---|---|---|
| Gray | Palmerston | 8.6% | $555 |
| Driver | Palmerston | 8.3% | $566 |
| Parap | Darwin City | 8.0% | $618 |
| Millner | Darwin Suburbs | 7.9% | $540 |
| Darwin City | Darwin City | 7.9% | $693 |
| Rosebery | Palmerston | 7.8% | $595 |
| Bakewell | Palmerston | 7.8% | $562 |
| Coconut Grove | Darwin Suburbs | 7.5% | $528 |
| Woolner | Darwin City | 7.5% | $692 |
| Johnston | Palmerston | 7.4% | $606 |
Source: Cotality Best of the Best 2025
Rental yield for units is only a few points lower compared to houses. This could mean that the demand for units in the city is comparable. Or it could also be due to the growing rent prices, even though the median rental value of certain suburbs for units is slightly lower compared to houses.
Suburbs in the Regional Northern Territory with the highest rental yield
The Regional Northern Territory may not offer as many amenities as Greater Darwin, but it could still provide investors with worthwhile real estate opportunities. Low housing costs make it an affordable option, and coupled with high rental yield percentages, it makes for an appealing destination for property investors.
Top rental yield by Suburb in the Regional Northern Territory (houses)
| Suburb | Region | Rental Yield | Median Rental Value |
|---|---|---|---|
| Katherine | Katherine | 8.4% | $560 |
| Katherine East | Katherine | 8.3% | $561 |
| Larapinta | Alice Springs | 8.0% | $602 |
| Braitling | Alice Springs | 7.9% | $607 |
| Sadadeen | Alice Springs | 7.8% | $606 |
| Gillen | Alice Springs | 7.8% | $603 |
| Araluen | Alice Springs | 7.8% | $705 |
| East Side | Alice Springs | 7.2% | $613 |
Source: Cotality Best of the Best 2025
The top rental yield suburbs for houses in the Regional Northern Territory are found in Katherine and Alice Springs regions. The area has one of the most unique landscapes in the country and is a popular place for nature lovers to visit.
Unlike Greater Darwin, there are fewer top-performing suburbs in regional areas. However, the rental yield percentages and median rental value are at par with their urban counterpart.
Top rental yield by Suburb in the Regional Northern Territory (units)
| Suburb | Region | Rental Yield | Median Rental Value |
|---|---|---|---|
| Gillen | Alice Springs | 8.7% | $474 |
| Sadadeen | Alice Springs | 8.6% | $470 |
| The Gap | Alice Springs | 8.5% | $468 |
| East Side | Alice Springs | 8.2% | $465 |
Source:Cotality Best of the Best 2025
When it comes to units, there aren’t a lot of investment options. The only high-performing suburb when looking at units is Gillen. This suburb is found in the town of Alice Springs and is known for its outdoor destinations, namely, Mt Gillen.
Ready to invest in the Northern Territory?
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Disclaimer: The information provided in this article is general in nature and does not constitute financial or legal advice. Please seek professional advice tailored to your circumstances before making any financial decisions.
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