Darwin home prices dip in October amid strong annual growth

The mansion at 94 East Point Rd, Fannie Bay, has sold for $10m in October. Picture: Supplied Darwin home prices dipped in October but remained nearly 10 per cent higher than a year ago, with the unit market leading the annual price hike. The latest realestate.com.au Home Price Report revealed the median Darwin home price dropped 0.2 per cent last month to $630,000. This was 0.6 per cent below the recent peak seen in June this year, but 9.3 per cent higher than October 2025. The backtrack in prices can largely be attributed to the house market, with the average cost of a stand-alone dwelling dropping 0.2 per cent month-on-month to $717,000. However, the median house price in Darwin was up 8.6 per cent annually and 30.5 per cent compared to five years ago. The average unit price remained stable across October at $489,000 and was up 11.6 per cent year-on-year and 30.5 per cent since 2021. MORE NEWS: Farmers pay record price for iconic Darwin mansion House of the week: Tropical oasis minutes from CBD Ten experts tip RBA rate hold Darren Hunt of Real Estate Central Projects. Picture: Supplied Darwin real estate agent Darren Hunt, of Real Estate Central Projects, said the monthly shift i...