About Northern Territory โ 2025 Overview
Northern Territory (NT) is home to approximately 250K people, with the state capital Darwin being the main population and economic centre. The Northern Territory economy is supported by mining, agriculture and tourism.
Property and Finance in Northern Territory โ 2025
| Metric | Northern Territory 2025 Data |
|---|---|
| Average house price (Darwin) | $500,000 |
| Average weekly rent (Darwin) | $550/week |
| Stamp duty note | NT offers a $10,000 First Home Owner Grant for new homes. No specific FHB stamp duty exemption. |
| Average fuel price | 190โ235c/L |
| Minimum wage | $24.10/hr (national rate) |
Construction Costs in Northern Territory โ 2025
- Paving: $100โ$185/mยฒ installed (tropical-rated materials required)
- Ready-mix concrete: $222โ$318/mยณ ready-mix (Darwin; remote areas significantly higher)
- Decking: $360โ$520/mยฒ installed (hardwood essential in tropical climate)