Darwin Special Report

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$55.00
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Quick Overview

Darwin, Northern Territory


There is some hope for revitalisation of the Darwin property market as falling house prices, coupled with incentives from the NT Government, begin to attract first-home buyers.
Employment has shown some growth in 2018, while the NT Government is luring interstate residents with a promise to pay relocation costs and offer other financial rewards.
Other positive signs on the horizon include a number of proposed projects offering plentiful job opportunities. Darwin needs these developments to move into the construction phase to re-generate the NT economy, create demand in the Darwin market, stem the negative pricing trends and reduce the high vacancy rates.
Completion of the massive Ichthys LNG project, which has pumped $4 billion a year into the Territory’s economy since 2012, is likely to create an economic void.
However, this could be offset by several proposed construction projects and defence contracts, according to Economist Professor Rolf Gerritsen from Charles Darwin University.
It is noteworthy that two national commentators, BIS and Herron Todd White, have recently forecast an impending return to growth in Darwin property prices.


This report covers the suburbs of Darwin City, Anula, Bellamack, Coconut Grove, Driver, Durack, Fannie Bay, Gray, Gunn, Johnston, Karama, Leanyer, Marrara, Moulden, Nightcliffe, Parap, Rosebery, Stuart Park, Tiwi and Woodroffe.

$55.00

Darwin Special Report

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Darwin, Northern Territory

There is some hope for revitalisation of the Darwin property market as lower house prices, coupled with incentives from the NT Government, begin to attract first-home buyers.
A $200 million Darwin City Deal involving three levels of government is about to unfurl while other positive signs on the horizon include a number of proposed projects offering plentiful job opportunities.
Darwin needs these developments to move into the construction phase to re-generate the NT economy, create demand in the Darwin market, stem the negative pricing trends and reduce the high vacancy rates.
In other encouraging news, research agency Moody’s Analytics, expects a 3.7% growth in Darwin’s house values in 2019, accelerating by 6.6% in 2020. “Housing affordability in Darwin is among the highest of all capital cities, attracting increased numbers of first-time home-buyers,” says Moody’s.
It is noteworthy also that two national commentators, BIS and Herron Todd White, have recently forecast an impending return to growth in Darwin property prices.

This report covers the suburbs of Darwin City, Anula, Bellamack, Coconut Grove, Driver, Durack, Fannie Bay, Gray, Gunn, Johnston, Karama, Leanyer, Marrara, Moulden, Nightcliffe, Parap, Rosebery, Stuart Park, Tiwi and Woodroffe.

Darwin Special Report

Be the first to review this product

Availability: In stock

$55.00
inc. GST

Quick Overview

Darwin, Northern Territory


There is some hope for revitalisation of the Darwin property market as falling house prices, coupled with incentives from the NT Government, begin to attract first-home buyers.
Employment has shown some growth in 2018, while the NT Government is luring interstate residents with a promise to pay relocation costs and offer other financial rewards.
Other positive signs on the horizon include a number of proposed projects offering plentiful job opportunities. Darwin needs these developments to move into the construction phase to re-generate the NT economy, create demand in the Darwin market, stem the negative pricing trends and reduce the high vacancy rates.
Completion of the massive Ichthys LNG project, which has pumped $4 billion a year into the Territory’s economy since 2012, is likely to create an economic void.
However, this could be offset by several proposed construction projects and defence contracts, according to Economist Professor Rolf Gerritsen from Charles Darwin University.
It is noteworthy that two national commentators, BIS and Herron Todd White, have recently forecast an impending return to growth in Darwin property prices.


This report covers the suburbs of Darwin City, Anula, Bellamack, Coconut Grove, Driver, Durack, Fannie Bay, Gray, Gunn, Johnston, Karama, Leanyer, Marrara, Moulden, Nightcliffe, Parap, Rosebery, Stuart Park, Tiwi and Woodroffe.

$55.00

Darwin Special Report

Double click on above image to view full picture

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