NT

  • Darwin

    Darwin property market poised for major growth

    Double digit property price growth is tipped for Darwin in 2024, with one expert forecasting a return to the dizzying heights of 2012.

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  • $6.23 billion defence boost to elevate Northern Territory economy and property market

    A multi-billion dollar defence building boom in the Northern Territory is set to create more than 7500 jobs, rapidly spur the economy and lift rental and residential property sales prices.

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  • Mansion with its own $300,000 gym hits the market

    Fitness enthusiasts tired of overcrowded gyms might want to take a look at this exclusive mansion that comes with its own commercial-sized gym - fitted out with $300,000 worth of equipment.

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  • Australia’s largest landowners buy NT cattle station for $70 million

    Australia’s largest private landowners, pastoralists Donny and Colleen Costello, have expanded their cattle station empire to more than 9.2 million hectares, after acquiring Mount Doreen Station in the Northern Territory for $70 million.

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  • Northern Territory property prices on the rise

    The Northern Territory unit market is going from strength to strength new data reveals.

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  • Units hot property in Northern Territory market

    The unit and townhouse market across the Northern Territory continues to soar with sales volumes and weekly rents climbing.

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  • Darwin commercial property sets a new record

    A Darwin transit centre, located in the centre of major shopping and entertainment block has set a record price at sale, highlighting the strength of the local mark.

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  • Darwin real estate

    Darwin property market to fire up after $5 billion gas field announcement

    There is plenty of competition in the pipeline for the Darwin real estate in 2021 and beyond after the announcement of a significant offshore gas development near the Northern Territory's capital.

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  • First National announces SA and NT 2020 award winners

    First National Real Estate’s South Australia and Northern Territory agents celebrated their annual night of nights last weekend. The group’s SA and NT agents were presented with their 2020 General Excellence and Marketing Awards at Hilton Adelaide on Friday night.  The 2020 awards introduced two major new award classifications – Magnificent 7 and Elite. These awards incorporate 15 property managers,…

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  • Openn Negotiation to auction signed footy boots for charity

    Richmond AFL stars Dustin Martin and Jack Riewoldt have kindly donated the boots they wore at the historic ‘2020 Darwin Dreamtime’ match to raise money for St Mary’s Football Club NT. The boots will be auctioned off through Openn Negotiation – a platform that ordinarily facilitates the transparent sale of properties online. One of St Mary’s long-term sponsors is Real…

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  • Darwin expecting a real estate surge after borders reopen

    As Northern Territory’s borders reopen on Friday to most of the country, real estate agents are expecting buyers, renters, and holidaymakers to flood the capital city. Darwin is hot right now – and not just on the thermostat. The rental vacancy rate sits at 1.8 per cent, the lowest it’s been for seven years. In addition, the value of housing…

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  • Border reopening expected to drive demand for Darwin property

    Darwin homeowners and landlords are preparing for a significant surge in activity when the Northern Territory’s borders reopen on 17 July 2020, declared a local real estate expert.  Raine & Horne Darwin General Manager Glenn Grantham said even before the border announcement this week, he had received six rapid-fire bookings for a holiday rental apartment in the Darwin CBD. “Typically,…

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  • ‘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. “But realistically, the only way…

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  • 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 of almost 30 years of…

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  • 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 are only up marginally from…

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  • 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 right thing by their tenants.…

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  • 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 National agents, those reaching the…

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  • Elite Agent The News Source for Real Estate Professionals

    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 had situations where multiple buyers…

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  • @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 Coast just over five years…

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  • 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 a fall in Darwin’s sales…

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  • 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, Zeta Bennett, says the results…

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  • 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 their families from South Australia,…

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  • 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 with Nick George for more…

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  • 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 year, which was a credit…

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  • 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 looking forward to bringing the…

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  • 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 as Darwin’s premier property marketing…

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  • elite agent news room

    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 months ago, yet there still…

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  • 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 the balance, said Mr Grantham.…

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  • 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 median house price of $445,000…

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  • 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 are currently 5.1 percent, which…

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  • 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 was a bounce in buyer…

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  • 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 last two years,” said Glenn…

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  • 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 many years now, Raine &…

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  • elite agent news room

    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 being released to the market…

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