People who live in the Northern Territory: rent, losses and capital gains, 2023-24
In 2023-24, 19,484 people living in the Northern Territory declared rent, and 58% of them made a loss on it, a higher share than the 55% across Australia.
What did landlords in the Northern Territory declare?
| Northern Territory | |
|---|---|
| People who declared rent | Northern Territory 19,484 |
| Share of taxpayers who declared rent | Northern Territory 14% |
| Average rent declared | Northern Territory $24,600 |
| Average interest claimed | Northern Territory $12,500 |
| Average capital works claimed | Northern Territory $2,100 |
| Average other rental costs claimed | Northern Territory $11,800 |
| Share who made a loss | Northern Territory 58% |
| Average loss, among them | Northern Territory $9,600 |
| Average net rent | Northern Territory a loss of $1,800 |
Worked out from ATO, Taxation Statistics 2023-24, under CC BY 2.5 AU. How we work these out.
What did people claim for rental properties in the Northern Territory?
In 2023-24, people lodged 30,087 rental property schedules for properties in the Northern Territory, and claimed $0.6 billion of costs on them. Interest on loans was the largest, 45% of it.
| Cost | Schedules claiming it | Share of all costs claimed |
|---|---|---|
| Interest on loans | Schedules claiming it 22,901 | Share of all costs claimed 45% |
| Body corporate fees | Schedules claiming it 12,930 | Share of all costs claimed 9% |
| Capital works | Schedules claiming it 15,865 | Share of all costs claimed 8% |
| Property agent fees | Schedules claiming it 20,342 | Share of all costs claimed 8% |
| Repairs and maintenance | Schedules claiming it 24,213 | Share of all costs claimed 7% |
| Council rates | Schedules claiming it 28,126 | Share of all costs claimed 6% |
| Insurance | Schedules claiming it 22,173 | Share of all costs claimed 5% |
| Depreciation on plant | Schedules claiming it 19,767 | Share of all costs claimed 3% |
| The other 11 kinds | Schedules claiming it | Share of all costs claimed 8% |
Each person lodges a schedule for each rental property they have an interest in, so a home owned by two people has two. These count schedules for properties in the Northern Territory, wherever their owners live, not properties or people. The ATO counted 2024 schedules processed by 31 October 2025, so these may not be complete.
From ATO, Taxation Statistics 2023-24, Individuals Tables 26 and 27, read 13 Nov 2026, under CC BY 2.5 AU. How we read these.
How many rental properties do people living in the Northern Territory have an interest in?
In 2023-24, of the people living in the Northern Territory who lodged a rental property schedule, 71% had an interest in one property, 19% in two and 10% in three or more.
| Rental property interests | People | Share |
|---|---|---|
| 1 interest | People 13,820 | Share 71% |
| 2 interests | People 3,791 | Share 19% |
| 3 interests | People 1,166 | Share 6% |
| 4 interests | People 427 | Share 2% |
| 5 interests | People 178 | Share 1% |
| 6 or more interests | People 163 | Share 1% |
The same property can have more than one person with an interest in a year, as joint owners, or a seller and a buyer, and one person can have an interest in more than one. These come from the rental property schedules people lodged, not their tax returns, so they count slightly different people from the figures above.
From ATO, Taxation Statistics 2023-24, Individuals Tables 26 and 27, read 13 Nov 2026, under CC BY 2.5 AU. How we read these.
How many people living in the Northern Territory declared a capital gain?
In 2023-24, 6,426 people living in the Northern Territory declared a net capital gain, 5% of its 136,547 taxpayers, against 8% across Australia. Their average net capital gain was $18,000, against $30,000 across Australia.
These are gains of every kind, such as on shares, a business or property anywhere, counted where each person lives, not gains on property sold in the Northern Territory.
Worked out from ATO, Taxation Statistics 2023-24, under CC BY 2.5 AU. How we work these out.
What does each region of the Northern Territory show?
| Region | People who declared rent | Share who made a loss |
|---|---|---|
| Darwin | People who declared rent 13,707 | Share who made a loss 60% |
| Northern Territory - Outback | People who declared rent 5,052 | Share who made a loss 56% |