NT Excerpt from the 2012 August Market report


Darwin’s housing market is once again heating up after experiencing very soft conditions over 2011. Between when the Darwin housing market peaked and April 2012, Darwin values were down a significant 13.5%, providing an affordability boost to the market and letting rents catch up to be balanced with home values according to Tim Lawless, research director with RP Data. “The

Darwin unit market is likely to come under increasing pressure as the resources sector and large infrastructure projects drive jobs growth. We have already seen an improvement in local housing market conditions which suggest buyers, particularly investors, are starting to once again view Darwin in a positive light.”

One suburb stood out to benefit from shortage of supply and rising demand: Rosebery, which is located 27km from Darwin. The suburb’s affordability and desirability for both renters and owner-occupiers makes it a stand-out near-to medium term performer.

With interest rates at their lowest for more than 50 years, there are some great rates available. The best thing to do is to compare rates from all the lenders. Let us help take the leg work out of doing this - Compare Home Loans now

Top Suburbs : artarmon , goulburn , ferntree gully , gladesville , keperra

go back

Get help financing your investment

Do you need help finding the right loan for your investment?

When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.

Just fill in a few details below and we'll then arrange for a local expert Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus, our mortgage broking service is at no cost to you.

How soon would you like a mortgage?
What is your Annual Household Income i $
Do you currently own any Investment Properties?
Do you own your own residence?
How much equity do you have in all your current properties?
First Name
Last Name
Where do you live?
What number can we reach you on?
E-mail address
We value your privacy and treat all your information seriously - you can check out our privacy policy here