The Northern Territory, seldom considered in a discussion about economic or property prospects across Australia, is undoubtedly a national leader in both areas. It has one of the nation’s strongest economies and was recently rated by CommSec as No.2 among the states and territories behind Western Australia – and closing fast on the leader. Darwin is undeniably the leading capital city property market, with the highest residential rents after strong double-digit growth in the past 12 months and the strongest price rises in recent times as well.
To discover prospects for the key NT markets, buy the Northern Territory Market Report. It contains 40 pages of information and comment on the markets in Darwin, Palmerston, Alice Springs, Katherine and Tennant Creek.
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