NT

  • 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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  • 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 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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  • 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

    “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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  • “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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  • “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 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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  • 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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  • 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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  • 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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  • In a boost for first time property buyers, the 50% stamp duty discount announced in last week’s Northern Territory Budget has commenced, and the phones at Raine & Horne’s Palmerston office are already running hot with enquiries from entry-level buyers. “The discount will apply to established properties valued up to $450,000 and is capped at $10,000 for more expensive properties,…

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  • elite agent news room

    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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