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  2. NT
  3. Palmerston
  4. Bakewell

Bakewell 0832

Market analysis for investment properties in Bakewell

Median Price

$600,000

Trend:Accelerating
+23.7%
Median Rent

$650/pw

Trend:Accelerating
+12.1%
Rental Yield

5.63%

Trend:Decelerating
-9.5%
Median DoM

68 Days

Trend:Decelerating
-34.6%
Market Analysis

Why investors are watching Bakewell right now.

Shopping in Bakewell is primarily convenient, with nearby amenities such as Bakewell Shopping Centre offering a variety of shops and services for residents.

The suburb is home to both primary and secondary schools, including Bakewell Primary School and Good Shepherd Lutheran College, providing educational options for families in the area.

While there are no direct train routes from Bakewell to the CBD of Northern Territory, residents can access the CBD via bus services with routes such as the 703 and 704 connecting the suburb to the city center.

Surrounding greenery in Bakewell includes the nearby Marlow Lagoon, offering residents opportunities for outdoor activities and a scenic environment to enjoy.

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Capital Growth

Historical Performance

Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.

Market Vitals

Market Dynamics

Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.

Unlock Market Vitals

See live suburb and LGA market signals.

The Ripple Effect

Explore Nearby Opportunities

Investors analyzing Bakewell often compare these adjacent markets for better entry points or higher yields.

View LGA Dashboard

Gray

22km from center

Median Price

$553k

+32.3%

Rental Yield

5.5%

Gross annual

Woodroffe

22km from center

Median Price

$583k

+28.1%

Rental Yield

5.4%

Gross annual

Gunn

21km from center

Median Price

$663k

+25.0%

Rental Yield

5.5%

Gross annual

Strategy by LighthousePA

Where will Bakewell be in 2026?

Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Bakewell, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.

  • Wealth Planning
  • Ownership Structuring
  • Buyers Advocacy
  • Property Negotiation
Consult LighthousePA
LighthousePA (Property Advisors) - Expert buyers advocates and investment strategists in Bakewell
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Expert Advice

LighthousePA

Investment Insights & FAQ

Frequently asked questions about the Bakewell property market in 2026.

As of March 2026, the Bakewell property market presents a dynamic investment landscape. Over the last 12 months, houses have seen an annual growth rate of 23.71% and units have grown by 36.07%. These figures reflect the evolving demand within Palmerston, offering potential for capital appreciation.

Based on the latest market snapshot, median property prices in Bakewell range from $600,000 for houses to $381,000 for units. These values are calculated based on recent transaction data and current buyer activity across the Palmerston region.

For investors targeting cash flow, houses rent for $650 /pw with a 5.63% yield, while units rent for $550 /pw with a 7.51% yield. This rental performance is a key indicator of strong tenant demand within the Bakewell area.

Market Insights Last Updated: March 2026