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Real Estate Institute of Northern Territory

By Korgan Hucent

has released the latest statistics for sales, rentals and vacancy rates throughout Darwin and Palmerston;

Median HOUSE overall Darwin (Darwin, Northern Suburbs and Palmerston) weekly rent has decreased by 8% since 12 months ago

Median UNIT overall Darwin (Darwin, Northern Suburbs and Palmerston) weekly rent has decreased by 9.7% since 12 months ago
Vacancy Rates;
Houses: Darwin 6.7% Palmerston 4.8% Rural 6.4%
Units: Darwin 6.6% Palmerston 7.8% and Rural 13.8%
Average Vacancy Rates Across Darwin and Palmerston is 7.7%
For further information visit;
https://www.reint.com.au/images/doc/2016/relm_sept2016_republished.pdf
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