Darwin Real Estate in Darwin, Northern Territory | Property

Darwin Real Estate

Locality: Darwin, Northern Territory

Address: Darwin City 0800 Darwin, NT, Australia

Website: http://www.darwinrealestate.net/

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24.01.2022 NT investors barking mad at legislation changes! The Gunner Government has thrown the cat amongst the pigeons by introducing changes to the Residential Tenancies Act, according to REINT CEO Quentin Kilian. Real Estate Institute of Northern Territory CEO Quentin Kilian talking on the Territory Story podcast yesterday.... The Northern Territory’s peak real estate body, the Real Estate Institute of the Northern Territory (REINT), released a statement saying it was shocked by the Northern Territory Government’s decision to overrule the findings of its own Legislative Scrutiny Committee. The new amendments to the Residential Tenancies Act will have massively detrimental effects on the rental market, according to Quentin Kilian, CEO of the REINT. At a Glance: - The amendments include any tenant who wishes to keep a pet on the premises must first give the landlord written notice describing the proposed pet. - The landlord has 14 days to make any objections to the Tribunal - If the landlord does not apply to the Tribunal within 14 days the tenant may keep the proposed pet on the premises.

23.01.2022 Well done May Dunlop! Darwin Real Estate agent May will bring one of the world’s most identifiable luxury brands to the Top End when she opens Sotheby’s International Realty office in Darwin this week.

22.01.2022 Territorians doing amazing things in the Territory. Meet Phillip from @multibuildhomes and Peter from @ipropertynt these guys are not only at the top of their respective fields but also produce content that is world class. Follow their pages and see what we’re talking about # #darwinrealestate #darwinbuilders #innovators #topoftheirgame #buildingthenttogether

21.01.2022 A massive congratulations to all and their clients who have already signed the petition. The petition has over 7,900 signatures! But let's not stop yet.... REINT will close the petition on Wednesday 18 March. We then plan to present the petition to Parliament and challenge the Chief Minister to listen to the people of the Territory. It is very important that REINT present a strong voice in resistance to these changes now, because there are a lot more coming. If we allow these changes to go through unchallenged, then landlords will lose a lot more rights in the next tranches of amendments. We know, from the Discussion Paper, and from activities in other States (that our Government seems to cut & paste from) that the next round will contain things like 'Minor Alterations' which would allow tenants to put pictures hooks, nails, wall plugs, dig gardens up, paint walls....and so on...at will and without seeking permission to do so. There's 'No Cause Evictions', what the rest of the sane world knows as "the end of the lease", where the Government would love to push out the Landlord's notice period to something like 180 days ! And these are a just a few of the crazy ideas coming. If we do not fight these current legislative amendments then we give carte blanche approval to the Government to do as they please. PLEASE share m the link to all your clients and encourage them - strongly - to sign the petition. We must show the Government that the property owners of the Territory - NOT JUST Darwin, but all over the NT - have raised their voices (through this petition) and are angry about being treated this way. #darwinrealestate #petition #reint #landlords #investors #fairrights #sensiblerules #topend #ntgov #ipropertynt

19.01.2022 WORLD CLASS WATER PARK FOR DARWIN In some much-welcomed news, The Northern Territory Government have just released an exciting private sector investment opportunity to build, own and operate a world-class water theme park as part of their plan to revitalise Darwin City. The proposed site option is at the Stokes Hill Wharf area (see site map attached)... Pico Play, who were engaged by NT Government to do a detailed business case for the water theme park late last year, found it to be commercially attractive for a private sector to invest. Attached is a site map, and concept picture of what the water park could look like which could also include entertainment precincts, public open spaces, recreational activities, accommodation options and food and retail outlets. The development will also include public walkways proving uninterrupted public foreshore access. No pressure NTG.. If all goes to plan the Top End could have a brand new exciting world-class waterpark operating in Darwin by 2020 or not long after! The Expression of Interest will close on 22 August 2018. For more details: https://business.nt.gov.au//major-/darwin-water-theme-park

18.01.2022 Property investors considering a purchase in a variety of cheap suburbs spread across capital cities with a large resources industry may be better off buying elsewhere, new research shows. The modelling from Sellorhold.com.au, part of the Select Property Research Group, showed market conditions in a range of locations with median prices under $600,000 would not support growth. Property buyers instead faced the risk of losing money each year as local prices continued to fall.... The suburbs were spread mostly across Perth and Darwin, but also included a Brisbane area as well. Median house prices in Darwin as a whole have fallen nearly 12 per cent over the past three years, while Perth prices dropped 6.3 per cent, according to CoreLogic research. The falls were even larger in some suburbs such as Rosebery, NT, where house prices tumbled 17 per cent over the past three years. Momentum is a big influence on markets, Mr Sheppard was on record as saying. He said low growth forecasts were common in a number of suburbs in Darwin and Perth, which meant investors would be better off looking further afield. Low growth Darwin suburbs were Rosebery, Farrar and Howard Springs, all in the wider Palmerston area. Property analyst Jeremy Sheppard explained that Sellorhold research took into account the ratio of supply to demand and recent price cycles. Areas with low demand for housing but a large supply of property stock were considered unfavourable for investors because there would be no pressure on prices to increase. Growth cycles also played a considerable part in determining whether an area was primed for further price increases recent price falls usually indicated values may continue falling for some time. #darwinrealestate #palmerstonrealestate

17.01.2022 Take a look at the Northern Territory’s best addresses! Which one is your favourite?

17.01.2022 EXCLUSIVE: The CLP & Territory Alliance Party will scrap the NT Governments new controversial Pet policy ruling. Anger mounts for pushing through this legislation that is not, as NTG would promote, about pet ownership - ‘It is about stripping control from landlords over their own properties. That is wholly unacceptable’ says REINT Quentin Killian #darwinrealestate #palmerstonrealestate #landlordrights #petownership #investors

16.01.2022 WHERE DOES THIS STOP? Allowing these changes to go through unchallenged, landlords will lose a lot more rights in the next tranches of amendments. We know, from the Discussion Paper, and from activities in other States (that our Government seems to cut & paste from) that the next round will contain things like 'Minor Alterations' which would allow tenants to put pictures hooks, nails, wall plugs, dig gardens up, paint walls....and so on...at will and without seeking permissio...n to do so. There's 'No Cause Evictions', what the rest of the sane world knows as "the end of the lease", where the Government would love to push out the Landlord's notice period to something like 180 days ! And these are a just a few of the crazy ideas coming. If we/you do not fight these current legislative amendments then we give carte blanche approval to the Government to do as they please. #darwinrealestate #petclause #lanlordrights #ntgovernment #palmerstonrealestate #reint #realestateagency #realestateaustralia #realestatelifestyle #darwinnt #ipropertynt #topendrealestate #realestatent

16.01.2022 Jen Wardell named the NT News favourite real estate agent by their readers A PASSION for property and dedication to the community are why readers voted this real estate agent as one of the NT’s best by NT News readers. LJ Hooker agent Jen Warden was named the Territory’s Favourite Real Estate Agent in an NT News poll, with a huge 61 votes.... I am not just a real estate agent but someone who is truly interested in the community and the people who make up that community, she said. Thankfully being in real estate has allowed me to combine my passion for real estate and my community spirit in a job that I love. Source: News Corp Pictures by: GLENN CAMPBELL

16.01.2022 Darwin house prices receive January bump after five-year slide, new data shows For the Romeo family, a relocation to the Northern Territory's Top End was a dream almost a decade in the making. Home values in Darwin are nearly 32 per cent lower than in 2014...Continue reading

16.01.2022 Quentin Kilian, CEO of REINT and Greg Thomson, General Manager of the NT News discuss current opportunities for home buyers in the Darwin residential property market. Video Source: Ward Keller

16.01.2022 CoreLogic October home value indices: Australian housing values move into recovery mode. Following five months of consistent declines in residential property values, CoreLogic’s national home value index moved back into positive month-on-month growth through October, posting a 0.4% rise. The lift in home values was broad based, with every capital city apart from Melbourne posting a rise in values over the month. "The Darwin Real Estate market has seen dwelling values increas...e over the last 2 months we are covid free says award winning agent Peter Kafkas CEO of iProperty NT Over the month dwelling values increased by more than 1% in each of the smallest four capital cities with Brisbane, Adelaide, Hobart and Canberra housing values reaching new record highs. Although values were lower across Melbourne through October, the trend rate of decline has been easing since mid-September. With a drop of 0.2%, this was the smallest month on month drop in values since the COVID-19 related downturn commenced in April. Since the announcement that private home inspections were once again permitted across Melbourne, new property listings have surged, clearance rates have lifted and buyer activity is recovering. Based on this recent trend in housing values and activity, it seems likely we will see Melbourne follow the other capital cities towards a recovery over the coming month. Source: Corelogic Agent Commentary: Peter Kafkas iProperty NT #corelogic #latestmarketnews #realestatenews #marketnews #bringthedog #housegoals #darwinrealestate #topendrealestate #topend #abcnews #realestateaustralia #iloverealestate #International #localmarket #darwin #darwinnt #realestate #realestatelife #realestateagent #darwinnt #realestatent #ntrealestate #northernterritor #reint #palmerstonrealestate

12.01.2022 Fannie Bay home sold to a Victorian who saw photos online and said ‘I love it’ A FANNIE Bay home sold at auction to a Victorian buyer who saw only pictures of the house and said I love it. 2 Brown St, Fannie Bay sold last week for $815,000 by O’Donoghues First National residential sales agent Michael Keith.... The four bedroom, two bathroom home attracted 75 groups through across five opens. Mr Keith said buyers were drawn to the stunning renovations and presentation of the home. The (former) owners bought it three years ago and when they added their own touch to it, he said. They modernised the outside and inside, changed the garden. They gave it a really good spruce up. Everyone was very complimentary of how it presented. There were four bidders on auction day. It was ultimately sold to a buyer in Victoria who was bidding over the phone. Mr Keith said it was a remarkable sale given the buyer had only seen pictures of the home. The buyer bought it on the phone, sight unseen. He saw the photos and said ‘I love it’, Mr Keith said. The sale was also over the reserve price. Mr Keith said interstate interest in homes was beginning to rival local interest. There’s a lot of local interest this year, but the interstate interest has ramped up since COVID-19 and more so now since the borders opened, he said. It amped it up to another level again. He said interstate buyers were moving for multiple reasons, including the Territory’s response to COVID-19 and wanting to be closer to family. He urged hesitant buyers to prepared to face serious competition. Source: News Corp #realestatenews #marketnews #bringthedog #housegoals #darwinrealestate #topendrealestate #topend #abcnews #realestateaustralia #iloverealestate #International #photooftheday #darwin #darwinnt #realestate #realestatelife #realestateagent #darwinnt #realestatent #ntrealestate #northernterritor #reint #palmerstonrealestate

12.01.2022 Top performing agent says Don’t believe the hype so let’s not create a false economy Could this be the sign the Darwin Real Estate market has been looking for? iProperty NT’s Peter Kafkas says The mood in town is great, even though it’s the build up, the Darwin Rental market is going really good now, it’s harder to find a rental. We’ve all been waiting for something to turn Darwin around ‘The NT is Covid FREE’ people are not leaving as fast as they used to but let’s not h...ype things things up too quickly We are the come back capital of Australia but at the same time it doesn’t take a lot to turn us around. We have all seen many Territorians lose over the last few years and whilst rentals are going really good right now, it’s not necessarily the same for the sales market. What has also contributed to the increase of activity is sellers are simply more realistic than they were 12 months ago, Said iProperty NT’s Peter Kafkas. As reported by the REINT let’s not forget Darwin is a buyers market, Darwin had the highest median days on market of the capital cities in the three months to September, at 56. However, this has come down from 72 in the 3 months to March. Regional NT saw an increase in typical days on market, however low levels of transaction activity make the measure quite volatile for the region. The Real Estate Institute of the Northern Territory (REINT) has released its June Quarter 2020 Real Estate Market Report for the Northern Territory and has reported an almost 11 percent increase in house sales for the quarter and vacancy rates falling by around 2 percent across Greater Darwin. The Detached Dwelling or ‘House’ market saw a sizeable increase in sales and even a small bump in median price. said REINT Chief Executive Officer, Mr Quentin Kilian. "The June Quarter 2020 saw sales volumes rise by 10.9 percent across Greater Darwin. At a Glance: * June Quarter 2020 saw sales volumes rise by 10.9 percent across Greater Darwin * Median house price increased by 1.6 percent across Greater Darwin at $477,500 * For units sales volumes fell by 11.6 percent "The bulk of this was in Darwin North Coastal area, with a 25.9 percent increase, and takes in suburbs such as Alawa, Coconut Grove, Milner, Nightcliff and Wanguri. "Palmerston also fared well with an 11.3 percent increase in sales volumes. The median house price increased by 1.6 percent across Greater Darwin to come in at $477,500. At the start of the year myself & Philip from Multibuild Homes NT spoke about the non-decline (https://www.youtube.com/watch?v=lBQ0TUPGSyU) reported by Corelogic now before we created a false economy lets see what happens with the next RELM due out soon, he said.

12.01.2022 ATTENTION - For all the real estate agents in Darwin - STOP DOING OPEN HOMES. Great advice Peter Kafkas Agents should endeavour to perform their obligations under their appointment to Act as best they can in the circumstances.... Whilst not ideal, agents should consider alternative ways of performing their contractual obligations other than OPENS called Private appointments. In rentals, it may become necessary to conduct entry, exit and routine inspections via electronic means (such as Facetime and the like) or request that tenants send photos of a rental property in lieu of an inspection. Source: REINT

11.01.2022 A beachside business opportunity is on offer for those seeking operate in one of Darwin’s most iconic locations. 1 Atkins Dr, Fannie Bay up for lease for a cool $18,800 per annum plus GST and monthly outgoings. The property sits beside the Sailing Club and is currently home to the Yacht Shop, which will be relocating.... KG Young & Associates director Tony Pickering explained the seaside property and land surrounding it was rented from the NT Government in a lease of perpetuity. It’s a special purpose lease for the Sailing Club and this property has a specific use, for the retailing of yachting equipment, he said. @ Darwin, Northern Territory

10.01.2022 Snap up a deal: Buy a house, get two crocs for free with this rural property IT’S a golden time to snap up a deal in the Territory and this home comes with extra bite. Ted Plevnik is selling his five-bedroom home in Bees Creek, complete with a custom-built crocodile enclosure and he’ll throw in the crocs for free @ Bees Creek

10.01.2022 Sign The Petition NTG Removing Landlords Rights - SILLY PET LAWS On Tuesday 18 February 2020, the Northern Territory Government passed the RESIDENTIAL TENANCIES LEGISLATION AMENDMENT BILL but did not pay heed to the advice of your own Legislation Scrutiny Committee in rejecting amendments to Section 65 of the Act. Instead your Government chose to ignore the findings of the Committee and stakeholders and push through Sections 65A and 65B.... We call on the Gunner Government to honour the recommendations of the Legislation Scrutiny Committee and to immediately repeal Sections 65A and 65B from the Residential Tenancies Act and revert to the former wording. Your actions in pushing through this legislation are not, as you would promote, about pet ownership - they are about stripping control from landlords over their own properties. That is wholly unacceptable. This petition is signed by a broad church of concerned Northern Territory citizens. Citizens who are very concerned about how their rights and freedoms are being eroded by laws, introduced on ideological grounds. We demand you start behaving in a manner that benefits the people of the Northern Territory and repeal these nonsensical Sections of the Act without delay. https://www.change.org/p/the-hon-natasha-fyles-mla-ntg-remo

08.01.2022 Federal Budget holds good news for buyers and sellers While the 2018 Budget had no measures specifically addressing housing supply and affordability, the Budget's approach recognised the state of the property market, according to the Real Estate Institute of Australia (REIA). REIA President, Malcolm Gunning, said the Budget's approach recognises the state of the property market and the impact that APRA's measures have had in cooling the market, particularly in Sydney and Melb...ourne; and the Treasurer has seen no reason to make any further adjustments. "A boost to infrastructure spending, modest improvements in housing income for lower income earners, continued tax write offs for small to medium business and growth in employment can be expected to be mildly expansionary, particularly for regional economies," he said. He told WILLIAMS MEDIA the Budget held good news for first home buyers in particular. "The government is satisfied the market is cooling which will help with affordability. They’re also comfortable enough that there is enough supply to meet the demand, so their focus has been more about the broader economy lifting up affordability and spending, rather than placing restrictions on property," he said. "The investors are getting a good deal at the moment - in most cases we haven’t seen much rental growth, so they’re getting a good deal because of the supply of property. The good thing for home buyers is that there is nothing in the budget to suggest that interest rates will be lifted in the near future, as inflation is expected to remain within the RBA's target zone. This expected interest rate stability comes at a time when housing prices in some of our major cities are showing signs of easing leading to improved affordability for first home buyers, he said. The CEO of the Real Estate Institute of the Northern Territory (REINT), Quentin Kilian, told WILLIAMS MEDIA the budget could lead to more first home buyers flooding the market. "For us in the Northern Territory, we're a little different to the southern markets - we don't have an issue with supply at the moment, we have an issue with people. The State Budget rather than the Federal Budget tries to address that. I think the one good thing that potentially comes out of it is middle income earners tax cuts - if that starts to generate the potential for more disposable income, that could lead to encouraging more first home buyers into the market," he said.

07.01.2022 A great initiative by City of Darwin Neuron Mobility has been given the 'green light' to run a 12-month e-scooter trial across Darwin CBD, Cullen Bay & the Darwin Waterfront, beginning Thursday 23 January, however please don’t a few idiots ruin this great move #darwinrealestate #neuromobility #cityofdarwin

06.01.2022 Former Elders real estate agent Chris Deutrom appeals sentence over $237k theft Jailed real estate agent Christopher Deutrom has launched a bid to appeal the severity of his sentence. 9News revealed the former Elders employee earlier applied for an extension to the time period allowed to launch an appeal, before lodging the appeal paperwork this week.... Mr Deutrom was sentenced to five years behind bars in November last year, after he was found guilty of obtaining $237,000 by deception. The former manager of Elders Real Estate Darwin had advertising rebates meant for the company transferred to personal bank accounts. He'll be eligible for parole in mid-2021, after serving two-and-a-half years of his sentence. A date for an appeal hearing is yet to be set.

06.01.2022 Darwin Real Estate Profiles "Kate Suarez" A born and bred Territorian, Kate offers superior customer service backed by knowledge and understands the developing market. Down-to-earth, friendly and good natured, Kate strong work ethic and determination coupled with her easy going disposition makes her the ideal agent. Passion, determination and attention to detail is how Kate has been described by both Landlords and Tenants alike, all of whom have been delighted with her level... of customer service and commitment. Kate has a vast knowledge and understanding of what clients need and want in regards to their investment property, which is why she makes it her priority to ensure the pressure is taken off and a stress-free environment is created for my clients. Client satisfaction is of the utmost importance and she enjoys building long lasting relationships with both Landlords and tenants. Kate says, To be the best and provide the highest level of service in Property Management, it’s imperative to have thorough knowledge of all aspects associated with Residential Tenancies Act, but most importantly, to possess the commitment to go ‘above and beyond’ for all clients who come into contact with us. This is what sets us apart. #aboveandbeyond #katesuarez #realestateprofiles #marketnews #eliteagent #housegoals #darwinrealestate #topendrealestate #topend #realestateaustralia #iloverealestate #International #localmarket #darwin #darwinnt #realestate #realestatelife #realestateagent #darwinnt #realestatent #ntrealestate #northernterritor #reint #palmerstonrealestate

05.01.2022 Shaded Real Estate: We are pleased efforts are being made to revitalise our beautiful, Darwin CBD with the recent announcement of the $2.7 m shade structure that will be erected in Cavenagh street. Is this a great idea to shade and cool our CBD? Video Source: ABC Darwin

04.01.2022 BUYERS MARKET: Darwin has been named the most affordable city to buy a unit in.. for the first time in 13 years - according to recent figures. But the REINT doesn't think it'll stay that way.. now that fracking is on the horizon?.... Video Source: 9 News Darwin

04.01.2022 Congratulations to all the fantastic Territory auctioneers who competed in the 2018 REINT Auctioneer of the Year competition this morning. Competitors were Ross Tsounias from Elders Darwin, Paul McCormick of Elders Katherine, Adam Gulliford from Raine & Horne Darwin, Daniel Harris of Real Estate Central, Dominic Miller of Framptons First National Alice Springs and Karl Secondis of Ray White Bayside. AND the Winner was......Daniel Harris, ... Daniel and Karl Secondis, who took out the Runner-Up spot will now represent the Northern Territory at the Australasian Auctioneering Championships in Auckland (New Zealand) in October. See more

02.01.2022 "Your invited" Auctioneering Workshop Are you wanting to embark on a carrier as property auctioneer? Are you interested in the auction process and want to learn more?