New water initiative in Darwin aims to save residents money

A recent release from the Northern Territory government has highlighted plans to ease the cost of living for Darwin residents by cutting the cost of water in the region. This could be great news for residents of property in Winnellie over the coming months - especially those embracing a more sustainable lifestyle. Minister for essential services Willem Westra van … read on

Official cash rate retained for another month

Taking the opportunity for secure commercial real estate in Darwin over the next month could be a great move to make, with the official cash rate being retained by the Reserve Bank of Australia for November. After dropping to the historic low of 2.5 per cent back in August 2013, the nation has experienced an increasing number of people making moves into the property … read on

Rising dwelling prices in capital cities

The latest CoreLogic Hedonic Home Value Index released from RP Data highlights the overarching growth of capital city values across the nation. This could be great news for those interested in buying commercial property in the Northern Territory, with rising residential strength offering some insight into the developing economy in the local area. For example, … read on

New LNG Supply Base opens in Darwin

The rising strength of the Northern Territory's gas industry and overall economy was highlighted by the opening of a new $29million Prelude Darwin Onshore Supply Base, which will create a number of jobs and opportunities for the local region. As these benefits float into the local community, the possibility of buying commercial property in Darwin would be a … read on

Rising multi-unit sales highlight metropolitan growth figures

The latest release from the Housing Industry Association (HIA) has shown the growth of multi-unit sales across the nation, illustrating a growing number of people are buying and moving into property throughout the country. As population figures continue upwards, the opportunity for investment in commercial property in Darwin could be a great avenue to consider for your real … read on

Foreign investment in commercial property grows nationwide

A recent release from the Reserve Bank of Australia has highlighted the growing popularity of the nation's commercial property for foreign buyers, highlighting the increasing strength of the sector in Australia and providing some insight into the possibility of future investment in commercial real estate in Darwin. While most foreign buyers have made moves to … read on

Residential land sales record rise over 2013/14

Residential property land sales have been climbing over the last few months, with the June quarter recording a huge 8.4 per cent increase in land sales alone. As the number of residential properties beginning construction across the nation grows, now could be a great time to consider investing in commercial property in Darwin. The Housing Industry Association (HIA) and RP … read on