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  • Photo of ‘Covid-safe’ Darwin attracts plenty of interstate investor interest

    ‘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. …

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  • Photo of Eview Group announces ninth national partnership for 2020

    Eview Group announces ninth national partnership for 2020

    With its ninth national partnership for 2020 confirmed in Darwin, Eview Group is fast becoming a formidable force amongst the real estate industry. In addition to extending its nation-wide reach into the Northern Territory, Eview Group will also further cement its already-established position within Queensland with a relaunch of an agency there. With the accumulation …

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  • Photo of Darwin property market holding steady

    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 …

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  • Photo of Northern Territory announces business relief for payroll, power, rent and rates

    Northern Territory announces business relief for payroll, power, rent and rates

    The Northern Territory Government is offering incentives for commercial landlords to reduce rents during the COVID-19 crisis. An additional $180 million committed to the NT Jobs Rescue and Recovery Plan will help Territory businesses who need relief on the cost of their lease by offering extra support to commercial landlords so they in turn do the …

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  • Photo of First National announces SA/NT GEM award winners

    First National announces SA/NT GEM award winners

    First National Real Estate’s South Australian and Northern Territory estate agents were presented with their General Excellence and Marketing Awards at Adelaide Oval on Friday night. The awards recognised the best performing agents throughout 2019 and top 10 individuals and offices are now in the running for National GEM Awards. To encourage peak performance for all First …

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  • Photo of First home and the southern state buyers lead the charge for Darwin property

    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 …

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  • Photo of @Realty heads north to complete national expansion

    @Realty heads north to complete national expansion

    Real estate network @realty has completed its national expansion in Australia with its latest move taking the company to the Northern Territory. The company will continue to grow in regional, rural and metro areas throughout Australia as well as opening in New Zealand at the beginning of 2020. @realty, which was established on the Gold …

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  • Photo of Median house price rise in Darwin: Raine & Horne

    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 …

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  • Photo of Gawler triumphs at First National SA/NT awards

    Gawler triumphs at First National SA/NT awards

    The awards recognised the best of First National’s SA/NT agents throughout 2018, with the top 10 individuals and offices now competing for national GEM Awards, which hold the chance of an expenses paid trip to the National Association of Realtors conference in San Francisco this November for top 10 national winners. Acting SA/NT State Chair, …

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  • Photo of Elders Real Estate announces CCA partnership

    Elders Real Estate announces CCA partnership

    Elders Real Estate franchisees in South Australia and Alice Springs have announced the launch of a major sponsorship of the Childhood Cancer Association (CCA). The new partnership was officially launched at Elders Head Office last week. The CCA is one of Australia’s key childhood cancer support organisations. Currently, the CCA supports children with cancer and …

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  • Photo of White Family cements ownership in South Australia and Northern Territory

    White Family cements ownership in South Australia and Northern Territory

    The Ray White business in South Australia and the Northern Territory is now 100 per cent owned by the White Family, after business partner, Nick George sold his shareholding in the franchisor, while the operation of the business remains the same. Ray White Group director Dan White said the family had enjoyed a close relationship …

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  • Photo of Ray White South Australia and Northern Territory celebrates its 2018 winners

    Ray White South Australia and Northern Territory celebrates its 2018 winners

    Almost 500 guests attended the annual Ray White South Australia and Northern Territory state awards at the Adelaide Entertainment Centre on Friday 31 August to celebrate the achievements of the top offices and individuals throughout the network. Ray White SA CEO Matt Lindblom said the network had a record number of Chairman’s Elite members this …

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  • Photo of Sotheby’s appoints award-winning local agent to lead the Northern Territory

    Sotheby’s appoints award-winning local agent to lead the Northern Territory

    Sotheby’s International Realty has announced its expansion into the Northern Territory market. The global luxury real estate powerhouse has opened in Darwin, helmed by local realtor May Dunlop, adding to established Australian offices in Melbourne, Sydney, Gold Coast, Adelaide and Hobart. Ms Dunlop is no stranger to the Northern Territory real estate world and is …

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  • Photo of Welcome home to Ray White Karl Secondis

    Welcome home to Ray White Karl Secondis

    Darwin real estate identity Karl Secondis has been welcomed back to Ray White with open arms. Ray White SA / NT managing director Nick George said when Ray White began in the Northern Territory more than 15 years ago under the leadership of Mr Secondis the agency very quickly became the leading brand. “Karl’s history …

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  • Photo of Bottom of the property market cycle is not a time for panic: Raine & Horne

    Bottom of the property market cycle is not a time for panic: Raine & Horne

    “Investment firm AMP Capital1 last week indicated that the Darwin real estate market has bottomed, which means that local owners should feel less pressure to take the first offer from a buyer,” said Glenn Grantham, General Manager, Raine & Horne Darwin. “The Darwin property market in fact reached the bottom of the price cycle a few …

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  • Photo of First home buyers lead charge as Darwin market bottoms

    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 …

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  • Photo of Rising buyer activity points to a stronger Darwin property market.

    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 …

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  • Photo of Demand for Darwin rentals returning to all-time highs

    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 …

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  • Photo of Darwin property values records high sales activity says Raine & Horne

    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 …

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  • Photo of Window closing for buyers as Darwin’s real estate market rebounds: Raine & Horne

    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 …

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  • Photo of Southern state investors returning to Darwin market

    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 …

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  • Photo of NT Budget does first home buyers a favour

    NT Budget does first home buyers a favour

    In a boost for first time property buyers, the 50% stamp duty discount announced in last week’s Northern Territory Budget has commenced, and the phones at Raine & Horne’s Palmerston office are already running hot with enquiries from entry-level buyers. “The discount will apply to established properties valued up to $450,000 and is capped at …

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  • Photo of Dirt Cheap Real Estate and Generous Government Subsidies Driving First Time Buyer Activity in Darwin

    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 …

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