Rising multi-unit sales highlight metropolitan growth figures

By Nick Syrimi

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 estate portfolio. 

Over September, there was an 11 per cent increase in the number of multi-units sold across the nation. HIA chief economist Harley Dale said these figures were encouraging for future growth, with this rises bringing the overarching level of multi-unit sales for the quarter up to 8.7 per cent. 

"The overall profile for new home sales is consistent with a healthy year for dwelling construction in 2014/15. It would be desirable to see that outcome in detached and low density construction in addition to the high rise sector," said Mr Dale in a 30 October statement. 

These figures could be encouraging for investors looking to expand their commercial portfolio in the near future. Get in touch with a local real estate agent to begin discussing the various property options available to you in the Darwin region and start working towards securing your latest investment today. 

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