The Darwin property market is moving differently from most Australian capital cities. Cotality’s November 2026 Home Value Index shows Darwin dwelling values rose 0.6% in October and 9.7% over the 12 months to 31 October 2026. Over the same month, national dwelling values fell 1.2%.
That puts Darwin’s annual growth rate at the top of the capital-city results in this release. It is useful context for local homeowners, buyers and property investors, but it does not mean every suburb or property has risen by the same amount.
Darwin property market: the latest October 2026 figures
| Property type | Median value | Annual change |
|---|---|---|
| All dwellings | $641,873 | +9.7% |
| Houses | $745,726 | +7.7% |
| Units | $485,887 | +13.9% |
Source: Cotality Home Value Index, November 2026. Index results are to 31 October 2026. Median values and index growth are different measures, so they should not be interpreted as a guaranteed sale price for an individual property.
Which Darwin areas recorded the strongest growth?
Cotality’s Greater Darwin figures show annual dwelling-value growth across several local areas:
| Area | Median dwelling value | Annual change |
|---|---|---|
| Darwin City | $569,742 | +10.9% |
| Darwin suburbs | $640,507 | +9.3% |
| Palmerston | $670,530 | +9.0% |
These figures are useful for understanding broad market direction. A property’s value can still vary substantially by suburb, street, land size, condition, views, parking, body corporate costs and recent comparable sales.
What does the Darwin property market mean for sellers?
A rising annual index can support seller confidence, but buyers still compare value carefully. Before listing, consider the property’s presentation, recent comparable sales and the level of competition in your suburb.
A realistic price from the beginning can help attract qualified buyers. Avoid relying on a city-wide median or a neighbour’s sale as a direct valuation of your home.
What does it mean for Darwin buyers and investors?
Darwin’s median dwelling value remains below the other capital-city medians in this Cotality release. Buyers may therefore find a different range of entry prices than they would in larger capital cities.
Investors should look beyond capital growth. Check realistic rent, vacancy risk, insurance, finance costs, repairs, council rates and, for units, body corporate fees. A property can show strong gross rental yield and still have negative cash flow after expenses.
Interest rates and the outlook
The Reserve Bank of Australia increased the cash rate target to 4.85% on 3 November 2026, effective 4 November. This was the fifth cash rate increase during 2026. Higher borrowing costs can affect buyer budgets and investor cash flow, so review your finance before making a decision.
See the Reserve Bank’s cash rate information for the current target and decision history. Market conditions can change, and past growth does not guarantee future results.
What is my Darwin property worth?
A city-wide figure cannot tell you what your individual home is worth. A local appraisal should consider recent comparable sales, the property’s condition, its features and current buyer demand in the immediate area.
Abode Property Management helps owners across Darwin, Palmerston, the Darwin rural area and Katherine with property sales and investment property management. Call (08) 8932 7777 to discuss your property.
Market information in this article is historical, with figures dated to 31 October 2026. It describes broad market movements and does not predict the performance of an individual property.