Search Results for: Darwin
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INDUSTRY NEWS
Darwin property market on the cusp of major growth
Interstate investors are starting to pay attention to Darwin’s property market, potentially leading to the next growth phase according to an expert.
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NEWS
Darwin property market poised for major growth
Double digit property price growth is tipped for Darwin in 2024, with one expert forecasting a return to the dizzying heights of 2012.
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INDUSTRY NEWS
Adapting to thrive: How Liam McAlister’s Darwin-inspired philosophy drives his real estate success
Liam McAlister is a big believer in Charles Darwin’s Origin of Species and that it’s not necessarily the strongest or smartest of the species that survives, but the one that’s most adaptable to change.
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COMMERCIAL
Darwin commercial property sets a new record
A Darwin transit centre, located in the centre of major shopping and entertainment block has set a record price at sale, highlighting the strength of the local mark.
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NEWS
Darwin property market to fire up after $5 billion gas field announcement
There is plenty of competition in the pipeline for the Darwin real estate in 2021 and beyond after the announcement of a significant offshore gas development near the Northern Territory's capital.
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Elite Agent
Darwin, Perth and Hobart record strong growth in January
Australian house values reached a record new high during the start of 2021 - even surpassing pre-COVID levels, according to latest data from CoreLogic.
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NEWS
Hobart house prices to leapfrog Adelaide, as Darwin moves past Perth
Domain's latest House Price Report has revealed the Australian housing industry has largely bounced back, with all capital cities aside from Melbourne recording house price growth over the September quarter.
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NEWS
Darwin expecting a real estate surge after borders reopen
As Northern Territory’s borders reopen on Friday to most of the country, real estate agents are expecting buyers, renters, and holidaymakers to flood the capital city. Darwin is hot right now – and not just on the thermostat. The rental vacancy rate sits at 1.8 per cent, the lowest it’s been for seven years. In addition, the value of housing…
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NEWS
Border reopening expected to drive demand for Darwin property
Darwin homeowners and landlords are preparing for a significant surge in activity when the Northern Territory’s borders reopen on 17 July 2020, declared a local real estate expert. Raine & Horne Darwin General Manager Glenn Grantham said even before the border announcement this week, he had received six rapid-fire bookings for a holiday rental apartment in the Darwin CBD. “Typically,…
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NEWS
‘Covid-safe’ Darwin attracts plenty of interstate investor interest
Property values in Darwin have proven resilient over the last three months compared to other capital city markets, with Raine & Horne suggesting several factors have contributed to the result. “It is very encouraging Darwin’s property values are up nearly 2.5% over the last quarter,” Darwin Raine & Horne General Manager, Glenn Grantham said. “But realistically, the only way…
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NT
Darwin property market holding steady
Seemingly against the odds and market predictions, Darwin real estate continues to hold steady with owner-occupiers and interstate investors continuing to purchase local homes. According to the latest figures by Raine & Horne, Darwin property values show no signs of significant falls, while rental vacancy rates also remain stable at 4 per cent. Rental arears are only up marginally from…
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NEWS
First home and the southern state buyers lead the charge for Darwin property
Raine & Horne Darwin sold seven homes in two days this week, with first homebuyers and southern state buyers driving the flurry of sales. Glenn Grantham, General Manager, Raine & Horne Darwin, said buyers were split evenly between local first-timers and southern state purchasers seeking a lifestyle property in Australia’s northernmost capital city. “We even had situations where multiple buyers…
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NEWS
Median house price rise in Darwin: Raine & Horne
Upgraders in the Northern Territory are driving up Darwin’s median house price. Raine & Horne Darwin reports inner Darwin suburbs such as Moil, The Narrows, Wagaman, and Alawa are attracting Darwin upgraders looking for proximity to the city’s beaches but at a discount to prices expected for waterfronts in Fannie Bay and Nightcliff. “There was a fall in Darwin’s sales…
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FRANCHISE NEWS
First home buyers lead charge as Darwin market bottoms
“In October there was a massive increase in buyers at open homes, and this trend has continued this month, with group numbers more than double those of November 2017, said Glenn Grantham, General Manager, Raine & Horne Darwin. Almost 50% of attendees at open homes are first time buyers, with upgraders and investors making up the balance, said Mr Grantham.…
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NEWS
Rising buyer activity points to a stronger Darwin property market.
“Compared to 12 months ago we have double and even triple the number of groups at each open home on a Saturday,” said Glenn Grantham, General Manager, Raine & Horne Darwin. “Around 75% of buyers are savvy locals, who have been at our open homes regularly over the last six months. “They recognise that a median house price of $445,000…
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FRANCHISE NEWS
Darwin agent Adam McCann named top Raine & Horne salesperson
Darwin sales agent Adam McCann was named Raine & Horne group’s top salesperson for this financial year. The leading Darwin firm commands 12 per cent market share of the property rental market and a 22 per cent share of the sales market. Mr McCann received his award at the 40th annual Raine & Horne Awards held at the Darwin Convention Centre…
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INDUSTRY NEWS
Demand for Darwin rentals returning to all-time highs
Demand for Darwin rental properties appears to be booming, with Raine & Horne Darwin saying they have leased more than 60 properties in February this year. “This result follows the 60 properties we leased to tenants in January,” Glenn Grantham, General Manager, Raine & Horne Darwin said. “Consequently, rental yields for Darwin houses have improved and are currently 5.1 percent, which…
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FRANCHISE NEWS
Darwin property values records high sales activity says Raine & Horne
After two consecutive quarters of strong sales activity, prices in Darwin’s northern suburbs are set for an upswing, said Raine & Horne Darwin, general manager Glenn Grantham. Houses located in Jingili, Karama and Anula, are attracting 30-40 groups to open homes, with many selling it within three weeks of reaching the market, said Grantham. “There was a bounce in buyer…
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INDUSTRY NEWS
Window closing for buyers as Darwin’s real estate market rebounds: Raine & Horne
After two challenging years for the real estate market in Darwin, the number of buyers has increased threefold in the first month of 2017, according to Raine & Horne Darwin. “We hosted an average of 4.5 groups at every open home in January. We were lucky to attract an average of 1.5 groups over the last two years,” said Glenn…
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NEWS
Southern state investors returning to Darwin market
Raine & Horne Darwin has boosted it’s rent roll by 30% by amalgamating the rent roll of a major competitor with its existing property management business. “We now have 1,500 property managements, which makes us one of the biggest players in Darwin’s property management sector,” said Glenn Grantham, General Manager, Raine & Horne Darwin. For many years now, Raine &…
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FRANCHISE NEWS
Dirt Cheap Real Estate and Generous Government Subsidies Driving First Time Buyer Activity in Darwin
Darwin first home buyers have faced the challenge of rapidly rising property prices in recent years, however with land packages worth as little as $116,000 selling fast, the worm has turned for first timers. “A number of new, affordable property developments, such as Palmerston’s Zuccoli Aspire1 where land packages start from less than $120,000, are being released to the market…
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INDUSTRY NEWS
Domain: The rental crisis could reach a turning point in 2024
Embattled renters could be in for some relief ahead with an expert predicting that the rental crisis could be reaching a turning point.
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INDUSTRY NEWS
Vacancy rates rise, but no relief for renters
The national vacancy rate has seen a modest increase in March, but renters are still under extreme pressure according to new data.
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INDUSTRY NEWS
National rents remained relatively stable in March
Despite record-low vacancy rates across the country, rents remained relatively stable in March according to new data.
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NEWS
Regional Queensland leads the property price surge
Regional Queensland has recorded the highest growth in the country in the past four years, with prices rising 66.5 per cent.
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INDUSTRY NEWS
Cashed up investors to capitalise on rising prices
The resurgence in property prices has continued across the country, and investors are well positioned to capitalise on further growth according to the latest Herron Todd White (HTW) Month in Review.
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NEWS
First National celebrates its best performers
First National Real Estate has highlighted its best performers across the country in its state-based General Excellence and Marketing Awards, with one incredible agent scoring the Number 1 Salesperson of the Year for the seventh time.
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NEWS
Unlocking Australia’s future: embracing housing density for affordable living
Australia needs to embrace greater housing density, particularly in the capital cities, as a means to combat the housing affordability crisis.
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NEWS
Busy start to 2024 with new listings surging in February
Capital city activity surged with the busiest February for new listings on realestate.com.au in over a decade, according to the PropTrack Listings Report February 2024, released today.
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NEWS
Distressed listings fall in all capital cities
The number of distressed listings has fallen substantially over the past year, as mortgage holders weather the interest rate storm and look forward to potential cuts later this year.
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INDUSTRY NEWS
Vacancy rates drop again to a record low 1.07 per cent
The rental crisis is showing no signs of easing just yet, with new data finding that the national vacancy rate has fallen to a record low of 1.07 per cent.
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INDUSTRY NEWS
National median house and unit prices continue to rise
National house prices have tipped over the $1 million mark after a strong quarter of growth right across the country.
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INDUSTRY NEWS
Four years later: How Covid changed housing trends
In the four years since the onset of Covid, the housing market has seen prices surge 32.5 per cent according to new analysis.
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NEWS
National vacancy rate hits a new record low
The national vacancy rate has plummeted to a new record low of 0.7 per cent, although there does appear to be less competition among tenants, according to the latest figures from Domain.
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NEWS
Perth shines in property boom as Sydney and Melbourne rally
Perth remains the hottest capital city property market in Australia, but Melbourne and Sydney are making a comeback, according to new research.
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