Darwin Investment Property For Sale | Property
Darwin Investment Property For Sale
Phone: +61 418 184 754
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25.01.2022 DARWIN STILL HAS HIGHEST GROSS RENTAL YIELDS! In a recent report dated 1st November 2019, CoreLogic released figures showing the median gross rental yields for all Australian Capital Cities. Once again Darwin has the highest gross rental yields at 5.8% compared to Sydney at 3.2% and Melbourne at 3.4%. These high yields combined with bottom of the cycle pricing, low interest rates and strong fundamentals for growth makes Darwin a fantastic destination for investors.
24.01.2022 Quarterly Sales Data Out Now! The REINT has recently released their REINT RELM Dec Quarter 2019 report and the most significant figures in the report is the large increase in sales volumes across Darwin and Palmerston. Importantly, unlike other recent quarters that have seen sporadic rises in volume, this time the rises were not due to large numbers of vacant land settling in the new sub-divisions. If the momentum in volume can continue through the first quarter of 2020, this could be a genuine sign that the market is finally leveling out. It looks like time is running out for buyers to grab a bargain.
24.01.2022 According to Core Logic, the median dwelling value in Darwin and surrounds increased by 2.1% during the first quarter of this year. In the second quarter, which has also been affected by the COVID-19 outbreak, the median dwelling value had a very modest rise of 0.4%. This is very encouraging news for property owners and this data indicates that the market may have bottomed out. Combine this bottom of the market pricing with the highest rental yields of any capital city in the country and you will see that now is a great time to buy an investment property in Darwin.
24.01.2022 According to Core Logic, the median dwelling value in Darwin as at September 30th, has seen a 1.9% growth over the last 12 months. This has been a consistent trend with with values over the last month rise 1.6% and over the last quarter rise 2.3%. For those that have been watching the market this is a great indication that values have turned the corner. If your are being strategic with your investments and looking to buy at the bottom of the market, now is a great time to purchase property in Darwin and Palmerston.
23.01.2022 Great investment at 6.35% Gross Return. 2 1 1 8/38 Shearwater Drive, Bakewell. Being sold via private treaty at $229,000 Rental estimate $280 per week Outgoings:... Council Rates $1,740 per year (approx) Body Corporate $4,804 per year (approx) Make contact for more info. Follow this page for more investment property as they become available. See more
23.01.2022 DARWIN HAS HIGHEST GROSS RENTAL YIELDS! In a recent report dated 1st October 2019, CoreLogic released figures showing the median gross rental yields for all Australian Capital Cities. Once again Darwin has the highest gross rental yields at 6% compared to Sydney at 3.2% and Melbourne at 3.5%. These high yields combined with bottom of the cycle pricing, low interest rates and strong fundamentals for growth makes Darwin a fantastic destination for investors. The full report can be downloaded here https://www.corelogic.com.au//CoreLogic%20home%20value%20i
22.01.2022 SOLD! 12/132 DICK WARD DRIVE, COCONUT GROVE. Settled for $277,500. Rental est. of $350 pw = 6.5% Gross Return. More opportunities coming soon, make sure to follow this page.
20.01.2022 Great investment at 7.7% gross return! 2 , 1 , 2 with a small spa in the court yard. 12/3 Livistona Road, Karama. Being sold via private treaty at $189,000 Rental estimate $280 per week... Outgoings: Council Rates $1,500 per year (approx) Body Corporate $3,188 per year (approx) Make contact for more info. Follow this page for more investment property as they become available. See more
19.01.2022 Too late, it's SOLD! at 7.61% Gross Return 2 2 215B/174 Forrest PDE, Rosebery NT Being sold furnished with an asking price of $239,000 Rental estimate of $350 per week (Furnished) Outgoings:... Council Rates $1,467 Per Year (approx) Body Corporate $4,668 Per Year (approx) Make contact for more info. Follow this page for more investment property as they become available. See more
18.01.2022 Quarterly Sales Data Out Now! The REINT has recently released their REINT RELM Sept Quarter 2019 report and it has painted a grim picture for most markets. The trouble with quarterly reports is even though they are an important source of information for those following the market, they are largely historical. The reason that is important in this case is that the report contrasts with what is happening on the ground right now. We are currently seeing increased enquiry, ...increased sales volume and more interestingly, more enquiry from investors looking to purchase in the Darwin and Palmerston areas. Conversations with investors revolve around whether the market has hit bottom yet and is now a great time to buy or not? With major projects on the horizon again, and prices still low (with high returns) we think now is a great time to buy! See more
15.01.2022 SOLD! 6/42 CALYTRIX ROAD KARAMA. Settled for $150,000. Rental est. of $250 pw = 8.66% Gross Return. More opportunities coming soon, make sure to follow this page.
15.01.2022 DARWIN STILL HAS HIGHEST GROSS RENTAL YIELDS! In a recent report dated 2nd January 2020, CoreLogic released figures showing the median gross rental yields for all Australian Capital Cities. Once again Darwin has the highest gross rental yields at 5.9% compared to Sydney at 3.0% and Melbourne at 3.3%. These high yields combined with bottom of the cycle pricing, low interest rates and strong fundamentals for growth makes Darwin a fantastic destination for investors.
14.01.2022 RBA drops interest rates 0.25% The good news is that all 4 of the major banks have passed on this rate reduction in its entirety. Technically money has never been cheaper to borrow in Australia, so now is a great time to consider purchasing a property.
13.01.2022 Santos Deal Great for Darwin Property The recent acquisition of Conoco Phillip’s Northern interests, which includes control of Darwin LNG Gas plant at Wickham point in Darwin Harbour and the Barossa Gas field north of Darwin signals upcoming development in the area. The Darwin gas plant sits strategically between onshore and offshore gas field interests controlled by Santos. The most notable of which is the Barossa gas field to the north of Darwin which is due for its final... investment decision in 2020. The Darwin LNG gas plant already has approvals in place to increase production by up to 10mtpa. Put these two pieces of strategic information together and it would appear very likely that by next year a decision will be made to begin developing the Barossa gas fields, bringing the gas to Darwin and expanding the capacity of the gas plant. This means more short term construction jobs, and more long term production positions for Darwin. Experience tells us from previous resource investment in the harbour that this will likely put upward pressure on both rents and property prices. This is a very strong indication of a upcoming recovery in Darwin property prices. If your looking to invest in an affordable market with solid rental yields with firm evidence of an impending price rise, then you should consider buying property in Darwin and Palmerston now. See more
10.01.2022 Great investment at 6% Gross Return. 2 1 1 12/132 Dickward Drive, Coconut Grove NT Being sold via private treaty at $299,000 Rental estimate $350 per week Outgoings:... Council Rates $1,500 per year (approx) Body Corporate $5,816 per year (approx) Make contact for more info. Follow this page for more investment property as they become available. See more
09.01.2022 SOLD! 12/3 LIVISTONA ROAD, KARAMA. Sold for $180,000. Rental est. of $280 pw = 8.0% Gross Return. More opportunities coming soon, make sure to follow this page.
08.01.2022 Sun Cable a potential boon for Darwin property. The Sun Cable project keeps edging closer to fruition with a significant milestone now reached for its initial fund-raising exercise for capital to undertake development work of the Australia Singapore power link which is planned to run through Darwin. Darwin has always been touted by many as Australia’s gateway to Asia, however very few have leveraged off this geographical advantage. Whilst still some way off with financial... close expected in 2023, the current media attention for Darwin as an investment destination is excellent. If the project goes ahead it will not only create jobs throughout the construction and operation phase of the project, it will also bring opportunities for industry seeking cheaper renewable energy to set up shop in the Darwin & Palmerston area. Whilst most of the electricity will be exported to Singapore, Sun Cable have stated that some of the electricity will be available for domestic customers which is great news for the Territory economy and property prices. The astute property investor would consider purchasing property now and benefit from the rise in property prices of the back of major projects such as Sun Cable. See more
05.01.2022 Great Investment at 7.8% Gross Return 2 1 1 6/42 Calytrix Road, Karama NT Being sold via private treaty at $179,000 Rental Estimate at $270 Per Week Outgoings:... Council Rates $1,510 per year (approx) Body Corporate $4,572 per year (approx) Make contact for more info. Follow this page for more investment property as they become available. See more
02.01.2022 DARWIN STILL HAS HIGHEST GROSS RENTAL YIELDS! In a recent report dated 31st January 2020, CoreLogic released figures showing the median gross rental yields for all Australian Capital Cities. Once again Darwin has the highest gross rental yields at 5.8% compared to Sydney which are at record lows at 3.0% and Melbourne at 3.2%. These high yields combined with bottom of the cycle pricing, low interest rates and strong fundamentals for growth makes Darwin a fantastic destination for investors.
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