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Parap vs Nightcliff vs Larrakeyah — which is best for rental demand?

Same eight metrics, scored against the same benchmark, ranked against a $900kbudget. Look for where one suburb is materially ahead — that's the dimension that should sway your call.

  1. Parap

    NT · 0820
    36Below trend
    Median
    $845k
    5y growth
    3.4%/yr
    BalancedStable but fully priced

  2. Nightcliff

    NT · 0810
    39Below trend
    Median
    $745k
    5y growth
    4.0%/yr
    BalancedGrowth-led, low cashflow

  3. Larrakeyah

    NT · 0820
    36Below trend
    Median
    $845k
    5y growth
    3.4%/yr
    BalancedStable but fully priced

Metric breakdown

Each row scores 0–100 against a fixed benchmark. The leader on each row is highlighted.

Metric · weight
Parap
Nightcliff
Larrakeyah
Capital growth (5y)
weight 22%
343.4%/yr
404.0%/yr
343.4%/yr
Rental yield
weight 13%
512.6%
492.4%
492.4%
Rental demand
weight 10%
382.5%
452.2%
382.5%
Population growth
weight 12%
717.1%
717.1%
717.1%
Income growth
weight 12%
4812.0%
5213.0%
4812.0%
Construction pipeline
weight 15%
0–
0–
0–
Affordability
weight 8%
66% under cap
1717% under cap
66% under cap
Supply tightening
weight 8%
40+2.0% YoY
45+1.0% YoY
40+2.0% YoY

Winner per dimension

Where each suburb leads the field, with the count of dimensions won.

  1. Parap

    1/8
    • Rental yield

  2. Nightcliff

    5/8
    • Capital growth (5y)
    • Rental demand
    • Income growth
    • Affordability
    • Supply tightening

  3. Larrakeyah

    0/8

    No outright lead on any single dimension.

Why Parap

Stable but fully priced

population +7.1% (5y), 2.6% gross yield.

Drivers
  • Population growth+7.1% (5y)
Risks
  • At top of budget (94% of cap)
  • Modest 5y growth (3.4%/yr)

Why Nightcliff

Growth-led, low cashflow

population +7.1% (5y), incomes +13.0% (5y).

Drivers
  • Population growth+7.1% (5y)
Risks
  • Thin gross yield (2.4%)
  • No major construction project in this state

Why Larrakeyah

Stable but fully priced

population +7.1% (5y).

Drivers
  • Population growth+7.1% (5y)
Risks
  • At top of budget (94% of cap)
  • Thin gross yield (2.4%)