No matter where in NT you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in PARAP , 0820 is $740,000 this month which means that a mortgage for 80% of that value would be $592,000.
PARAP, 0820 is number 2706th in a list of the country’s fastest growing suburbs, and number 29th in State. It has had an average population growth of 34.80 over the period between the last two national censuses.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,383 which is $975 more every month. As a percentage rise, this makes PARAP, 0820 the number 555th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Weekly gross incomes in PARAP, 0820 have increased by $829. In the same period median mortgage loan repayments have increased by $975.