These five luxury house transactions can be found in the suburbs of Larrakeyah ( 2 ), Darwin City ( 2 ), and Palmerston City ( 1 ), while the eight luxury unit transactions can be found in Fannie Bay ( 4 ), Darwin City ( 3 ), and Larrakeyah ( 1 ).
D A R W I N
DARWIN TOP SUBURBS FOR LUXURY HOUSE SALES ( 2023 ) Count of house sales over $ 5M
Suburb
No . of Luxury House Sales
Larrakeyah Darwin City Palmerton City Berrimah Stuart Park Fannie Bay Woolner Rapid Creek Johnston Wagaman
2 2 1 0 0 0 0 0 0 0
Source : Ray White
DARWIN TOP SUBURBS FOR LUXURY UNIT SALES ( 2023 ) Count of unit sales over $ 3M
Suburb
No . of Luxury Unit Sales
Fannie Bay Darwin City Larrakeyah Berriman Stuart Park Palmerson City Woolner Rapid Creek Johnston Wagaman
4 3 1 0 0 0 0 0 0 0
Source : Ray White
* Houses that sold for more than $ 5 million were considered to be luxury houses , and units that sold for more than $ 3 million were considered luxury units . This condition was held for all states except for Adelaide , Canberra , Hobart , and Darwin , where sale values are smaller . For Adelaide and Canberra , the condition for luxury houses was at least $ 4 million and the condition for luxury units was as least $ 2 million . For Hobart and Darwin , the condition for luxury houses was at least $ 3 million and the condition for luxury units was as least $ 1M .
** Luxury prices are defined in this report as the 95th percentile of the Neoval Distribution Index . 49