The four-bedroom home at 62 Borella Cct, Jingili, is for rent for $720 per week. Picture: realestate.com.au
Darwin rental prices have lifted this year after a flat end to 2024, with new data revealing residents in the NT capital are paying $700 on average to rent a home.
The latest REA Group Market Insight report found Darwin rents increased 5 per cent in the past three months to sit at a median of $630 per week.
This figure was also up 5 per cent year-on-year.
REA Group senior economist, Anne Flaherty said the speed of rent growth in Darwin had accelerated in the first three months of 2025.
“This reverses the trend of slowing growth seen late last year when rents were flat in the December 2024 quarter,” she said.
REA Group senior economist, Anne Flaherty. Picture: Supplied
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The median Darwin house rent increased 2.9 per cent quarter-on-quarter and 2.9 per cent year-on-year in March to $700 per week.
The median unit price was up 1.8 per cent for the quarter and 1.8 per cent for the year to $560 per week.
In regional NT, the median advertised weekly rent increased by 3.5 per cent over the March 2025 quarter to $528 per week, marking a 5.6 per cent annual rise.
The average house rent in regional NT was up 5.3 per cent since December 2024 and 8.3 per cent since March 2024 to sit at $600 per week.
The median unit price was up 4.8 per cent in the March quarter and 2.3 per cent year-on-year to $440 per week.
Ms Flaherty said nationally, rents were up 5 per cent year-on-year to a median of $630, but while rents were rising at a quicker pace in 2025, rent growth remained well below the peak levels seen in2022 and 2023.
The property at 36 Ashburner St, Durack, is for lease for $780 per week. Picture: realestate.com.au
“Sydney remains the most expensive city to rent in, with renters paying an additional $70 per week compared with those in the second most expensive city, Perth,” she said.
“Compared with Melbourne, a renter in Sydney is typically paying $9,100 more per year in rent.
“Melbourne is the second cheapest capital city to rent in, behind only Hobart, maintaining its relative affordability.
“It is also the capital with the smallest gap between median house and unit rents.
“Looking ahead, the more modest pace of rent growth seen over the past 12 months is expected to continue throughout the rest of this year.”
RENTAL PRICE GROWTH – MARCH 2025
| Houses | Units | Dwellings | |||||||
| Median weekly rent | Q-O-Q change | Y-O-Y change | Median weekly rent | Q-O-Q change | Y-O-Y change | Median weekly rent | Q-O-Q change | Y-O-Y change | |
| Darwin | $700 | 2.90% | 2.90% | $560 | 1.80% | 1.80% | $630 | 5.00% | 5.00% |
| Regional NT | $600 | 5.30% | 8.30% | $440 | 4.80% | 2.30% | $528 | 3.50% | 5.60% |
(Source: REA)
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