Where Territory houses sell the quickest

The Territory suburbs where houses sell the fastest have been revealed with an incredible difference of almost 300 days between the top and bottom of the list.

The home at 146 Tiwi Gardens, Tiwi, sold for $845,000 in just 22 days. Picture: Supplied

The Territory suburbs where houses sell the fastest have been revealed with more affordable pockets in Darwin’s northern suburbs and rural areas making up most of the top 10 list.

The latest data from REA shows Girraween was the suburb with the lowest days on market with houses selling in 29 days on average.

The rural suburb has a median sale price of $817,500, up 12.8 per cent in the past three years.

Coming in at number two is Moil where the median days on market is 34 and the average house price is $545,000, up 3.2 per cent since 2022.

Third is Tiwi, with houses selling in 35 days on average, followed by Millner (38 days) and Rapid Creek (39 days).

These suburbs have median prices of $575,000, $560,000 and $775,000 respectively.

The property at 136 Littlejohn Rd, Girraween, sold for $830,000 after 46 days on market. Picture: realestate.com.au

Rounding out the top 10 are Acacia Hills (43 days), Anula and Wanguri (45 days), Ludmilla (52 days) and Lyons (53).

In the greater Darwin region, the median days on market for houses in sitting at 69.

In comparison, the figure is 29 in Brisbane, 39 in Sydney and 37 in Melbourne.

At the other end of the list, Katherine is the NT suburb where houses take the longest to sell with a median days on market of 318 days.

The average house price in Katherine is $375,000, down 5.1 per cent in the past three years.

Sitting just about Katherine is Katherine East, where houses take 268 days to sell on average and the median house price has dropped 5.7 per cent in three years to $330,000.

This home at 22 Thornton Cres, Moil, sold for $720,000 after 30 days on market. Picture: realestate.com.au

The third slowest selling Territory suburb is The Gap in Alice Springs where average days on market is 185 and the median house price is $380,000, down 10.4 per cent since 2022.

This is followed by the Alice Springs suburbs of Larapinta, where houses are taking about 169 days to sell, Araluen (148 days) and East Side (144).

The average cost of a house in these suburbs are $439,000, $539,000 and $560,000 respectively.

NT’S FASTEST SELLING SUBURBS

(suburb – median days on market)

Girraween – 29

Moil – 34

Tiwi – 35

Millner – 38

Rapid Creek – 39

Acacia Hills – 43

Anula – 45

Wanguri – 45

Ludmilla – 52

Lyons – 53