news

Darwin to boom in 2012

By webmaster

and lift investment confidence.

Analysts believe the Icthys project will send the Darwin property market into overdrive aftThe Darwin property market is preparing for another boom as offshore gas projects gather steam er the city’s median house price dropped 3.7 per cent in the year to November.

In fact, the top end is already starting to make a comeback, with research from RP Data showing home values in the capital city grew 0.3 per cent in the three months to November 2011, taking the median dwelling price to $456,000.

According to RP Data’s research director Tim Lawless, Darwin remains one of the more resilient capital cities and he doesn’t expect this to change in 2012.

“Housing market conditions are starting to show some green shoots now, at least at a macro level.”

Darwin to boom in 2012
SPI logo
Thank you.

Your enquiry has been sent to a local Aussie Mortgage Broker.

We will be in contact with you shortly.
Opps.

error occurred.
Unfortunately Aussie cannot attend to your home loan related enquiry at this stage as you must be a citizen or permanent resident.
Do you need help finding the right loan for your investment?
What Aussie do for you:
  • Give expert mortgage advice to help you find great investment loan deals
  • Help you maximise return by lowering financing costs
  • Save you time and effort by helping with the paperwork
First name
Last name
Location
Mobile Number
Are you an Australian Resident?
promoted stories

Top Suburbs

Highest annual price growth - click a suburb below to view full profile data:
1.
BLUE BAY 49.18%
2.
PAMBULA 43.5%
3.
BERKELEY VALE 42.74%
4.
POINT PIPER 40.52%
5.
NORTH TURRAMURRA 38.12%