Monday, October 6, 2014

'There is no such thing as an average owner-occupier in Darwin...'

'After good growth over the past two years, Darwin’s property market seems to have stabilised and we may see a softening in the short term, also because affordability is becoming a real issue for most Territorians, with the Northern Territory boasting some of the most expensive living and property costs in the country.

There is no such thing as an average owner-occupier in Darwin, but a lot of people are looking for a family home and like most Australians, building your family home is the Aussie dream.

The areas to consider are Palmerston, and Muirhead in the northern suburbs, but you can still find the odd vacant block around or if your budget allows, you could knock down a pre-cyclone dwelling and build your castle...' - from the Herron Todd White Report, Month in Review, October the Darwin report here....