At number 1361th in the list of Australian suburbs ordered by increase in median house value over the last year, Darwin, 0800 is in the BOTTOM 20% with a property value increase of -13.16% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Darwin has fallen somewhat when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Darwin are currently offering property investors an average price cut of -11.17% below the asking price at the moment.
Residents and property investors in Darwin have been waiting around 116.515 days to sell a property.
Situated 0.57km from the CBD, Darwin is one of Darwin (C) localities in the postcode 0800.