Property Market News
How much for a unit in Darwin?
How much can you expect to pay for a unit in Darwin? Well, like most things in life … it depends. But, the most correct answer is this … A LOT! That’s right, if you want to buy a quality unit in Darwin, you’ll definitely need a stack of money. For instance, you can pick […]
Palmerston is Growing!
My travels took me to Darwin for a few days last week and I noticed they’re building like crazy out in Palmerston. Palmerston is known as Darwin’s satellite city as it sits about 20 km south on the Stuart Highway. Most of the new building is taking place in the brand new suburbs like Johnston, […]
Darwin – Downward Pressure on Rents
Just spent a few days in Darwin. Turns out there’s downward pressure on rents right now. How so? Well, here’s some on the ground “skinny” to verify rents are on the downswing. First, I had a heck of a time getting my three bedroom house in Rosebery rented. Rosebery is a suburb of Palmerston; located […]
Hervey Bay … How’s the property market?
I’ve been in Hervey Bay for a week now. Here are some of my observations about the current Hervey Bay property market. Rents have gone up a bit from when I last came here 2 years ago. A newer 4 bedroom house near the hospital can fetch $380 per week. Across town the same property […]
I remember Hervey Bay when it was a sleepy little town!
I’ll bet 20 years ago, people described Hervey Bay as a sleepy little town. Just a guess. And, I’ll bet there are people today who would describe it the same way! Just another guess. Does that mean Hervey Bay hasn’t grown in 20 years? I don’t think so! It’s grown a lot! Then how can […]