Bellamack Property Market & Buyers Agents 2026

The Bellamack property market has demonstrated remarkable growth, positioning it as a standout performer in the Greater Darwin region. Over the past twelve months, median house prices have surged by an impressive 22.9% to reach $760,000. The unit market has performed even more strongly, with a 24.5% increase, bringing the median price to $471,250. This trajectory is part of a longer-term trend, with a compound growth rate over five years that significantly outpaces many other areas. This growth is underpinned by strong demand drivers. The suburb's modern housing stock and family-friendly amenities make it highly attractive to young professionals, families, and a significant contingent of Defence Force personnel from the nearby Robertson Barracks. Investor interest is also high, fueled by a robust rental market. Houses offer a healthy rental yield of 5.7%, with units providing an even more attractive 6.4% return. Supply remains tight, with properties selling quickly—houses average just 20 days on market, indicating a competitive environment for buyers. While some sources indicate longer days on market, the high buyer demand, which has reportedly increased by over 300% for houses in the past year, suggests that well-priced properties are not lasting long. The near-zero building approval ratio suggests new supply is unlikely to dilute market tightness in the short term, providing a solid foundation for continued price stability and potential growth. While the market presents a compelling case for investment, particularly for those focused on cash flow, the rapid price appreciation also signals a maturing market where discerning asset selection becomes crucial.

Bellamack is one of Palmerston's newest and most dynamic suburbs, located approximately 23 kilometres southeast of Darwin's CBD. Developed since 2010, it presents a clean, modern aesthetic with contemporary homes and well-maintained public spaces. The suburb is designed for family life, with numerous parks, playgrounds, and a strong community feel.

Education is a key consideration for residents. While the specialist Forrest Parade School is located within Bellamack, families have easy access to a range of quality schools in adjacent suburbs, including Rosebery Primary School, Bakewell Primary School, and Good Shepherd Lutheran College's Palmerston Campus.

For transport, the suburb is primarily car-based, with the Stuart Highway providing a direct route to Darwin. Public transport is available via bus services that connect to the Palmerston Interchange, offering onward travel to the city and surrounding areas.

Shopping and dining needs are well-catered for by the nearby Palmerston Gateway Shopping Centre, which hosts major retailers, supermarkets, and a variety of food outlets. The suburb's design incorporates extensive green spaces, with five major parks making up a significant portion of its area, offering residents ample opportunity for recreation and leisure. Its proximity to the Palmerston Water Park adds another popular family-friendly amenity.