
Darwin · Southern Suburbs
Durack is a modern, family-focused suburb in Palmerston, known for its master-planned estates, lakes, and extensive parklands. It offers a relaxed, outdoor lifestyle centred around the Palmerston Golf Course, with numerous walking and cycling paths, attracting families and professionals seeking a suburban community feel close to city amenities.
Market snapshot
Price register · May 2026
Median house
$550,000 - $750,000
Mid-band $650Kspread 31%
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Create Your Free ProfileLast reviewed 13 May 2026
Median unit
$500,000 - $675,000
Mid-band $588Kspread 30%
Days on market
~24-56 days
Median listing-to-sold window. Shorter = tighter buyer field.
Auction clearance
Private-treaty market
Share of auctions sold. Brisbane skews private-treaty.
Rental yield
4.8% to 5.8%
Gross yield on house stock. Premium suburbs compress.
5-year house-price growth
+25% to +45%
cumulative since 2021Who buys here
Families with children · Defence personnel · Young professionals
5-year trend
Modelled trajectory anchored on aggregated 5-year median figures. Indicative; not month-by-month observed data.
Market analysis
The Durack property market has demonstrated strong performance, positioning itself as a desirable location within the greater Darwin region. As of early 2026, the median house price sits at approximately $650,000, reflecting a significant year-on-year growth of 12.6%. The unit market, though smaller with lower transaction volumes, has also seen remarkable growth, with a median price of around $580,000.
Several factors are driving this upward trajectory. Supply remains tight, with a low number of properties typically available for sale, which creates a competitive environment for buyers. Properties in Durack spend an average of 40 days on the market, indicating steady demand. The suburb's appeal is bolstered by its strong rental market, with houses yielding around 5.3% annually. This makes it an attractive proposition for investors seeking positive cash flow, especially given the low vacancy rates in the Palmerston area.
The suburb's demographic profile, consisting mainly of families with children and professionals, underpins the stable demand for quality housing. Many households are dual-income and work in professional or trade occupations, often linked to the defence and public sectors, which are mainstays of the Northern Territory economy. This provides a resilient economic base for the local property market.
With strong rental yields and tight housing supply, Durack offers a compelling blend of lifestyle appeal and resilient market fundamentals.
Infrastructure and lifestyle amenities further enhance Durack's investment thesis. The suburb is built around the Palmerston Golf Course and features numerous lakes and parks, covering almost 18.5% of its total area. Its proximity to the Palmerston CBD and major shopping precincts like Gateway Shopping Centre ensures residents have easy access to retail and services. The presence of Charles Darwin University's Palmerston campus and local schools like Durack Primary School adds to its family-friendly credentials. While the market has experienced substantial growth, its fundamentals—constrained supply, steady demand from a stable employment base, and high-quality lifestyle amenities—suggest a sustainable outlook for long-term investors and owner-occupiers.
Why a buyers agent
Engaging a buyer's agent in Durack is crucial for navigating its nuanced market. While the suburb presents as a uniform, modern community, its value is driven by micro-locations within its various estates like Fairway Waters and The Heights. An expert on the ground can distinguish between a premium property backing onto the golf course and one on a busier thoroughfare, a difference that online listings often fail to capture. They possess intricate knowledge of the limited housing stock and can provide access to off-market opportunities before they hit the open market. Furthermore, with a significant portion of the population being transient defence personnel, understanding the cycles of postings and their impact on supply, demand, and rental values is key. A local agent can interpret these unique market drivers, helping buyers avoid overpaying in a competitive environment and identifying properties with the best long-term growth and rental potential.
With a strong rental yield for houses around 5.3%, Durack appeals to investors seeking positive cash flow in a stable market with consistently low vacancy rates.
The suburb is designed for families, featuring extensive parklands, safe bike paths, the Palmerston Golf Course, and Durack Primary School, all contributing to a high-quality suburban life.
As a relatively new suburb, Durack offers modern homes in well-maintained estates. Its proximity to Gateway Shopping Centre and the Palmerston CBD provides excellent access to retail, dining, and entertainment.
The property market in Durack has shown consistent capital growth, with a 12.6% increase for houses in the last year, underpinned by tight supply and steady demand from professionals and families.
Compare
| Metric | This suburbDurack | NearbyPalmerston |
|---|---|---|
| Median house | $550,000 - $750,000 | $500,000 - $675,000 |
| Median unit | $500,000 - $675,000 | $275,000 - $375,000 |
| Auction clearance | — | — |
| Days on market | ~24-56 days | ~21-49 days |
| Year-on-year growth | +8% to +18% | +1% to +11% |
| 5-year growth | +25% to +45% | +8% to +28% |
| Rental yield | 4.8% to 5.8% | 5.2% to 6.2% |
| Postcode | 0830 | 0830 |
Snapshot date varies by suburb; see individual suburb pages for figures.
The place
Durack is a modern, master-planned suburb within the city of Palmerston, approximately 22 kilometres southeast of the Darwin CBD. Established in the 1990s, it was designed with a focus on lifestyle and community, characterised by its landscaped streets, numerous lakes, and green spaces. The suburb's heart is the Palmerston Golf Course, which winds through the residential estates, providing a green backdrop for many homes.
Families are well-catered for with highly regarded local schools, including Durack Primary School, an independent public school offering classes from preschool to year six. The Charles Darwin University (CDU) Palmerston campus is also located within the suburb, adding to the educational facilities.
For shopping and dining, residents have convenient access to the Gateway Shopping Centre in neighbouring Yarrawonga, which features major retailers like Woolworths, Kmart, and Event Cinemas. The Palmerston city centre is also just a short drive away, offering a wider range of services and restaurants.
Transport in Durack is primarily car-based, with easy access to the Stuart Highway for the commute to Darwin. Public transport is available, with several bus routes, including the 73 and 87, connecting Durack to the Palmerston Bus Interchange and other parts of the city. The journey to Darwin's CBD by bus takes approximately 30-45 minutes.
The suburb is rich in recreational amenities, with 14 parks covering nearly a fifth of its area, offering extensive walking and cycling paths for residents to enjoy the tropical outdoors.
Frequently asked
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The 5-year trajectory is a modelled curve anchored on the documented cumulative growth rate. Editorial review: 13 May 2026. Updated quarterly.
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