Rural hinterland is Darwin’s best-kept real estate secret as the dry season market takes off - Raine and Horne
Raine & Horne Darwin highlights the opportunity to purchase rural properties for under $1.1 million in areas like Virginia, Humpty Doo, and Noonamah within 40 minutes of Darwin’s CBD.
The Darwin real estate market is now officially back on track, says Glenn Grantham, General Manager of Raine & Horne Darwin, referencing to the latest data from the Real Estate Institute of Northern Territory.
“Once southern investors get wind that Darwin real estate is taking off again thanks to our investment yields above 4% and relative affordability, there’ll be no stopping this market,” says Glenn Grantham, of Raine & Horne Darwin.
While the political parties argue about real estate affordability in the lead up to the Federal Election, the Country Liberal Party and the Labor Party have made first-home buyer assistance a major issue in the NT election.