Sell with Confidence
Read More

Real Estate Institute of Northern Territory….

By Korgan Hucent

Real Estate Institute of Northern Territory (REINT) have just released the latest sales and rental statistics for Darwin, Palmerston and Rural.

For the full report, please click on the below link;

Here is a snapshot for rentals in Darwin and Palmerston overall;

Average rental Price for Darwin Overall (includes Darwin, Northern Suburbs and Palmerston);

Houses: $515pw – 15.8% decrease since 12 months ago (June 2015)
Units: $390pw – 12.9% decrease since 12 months ago (June 2015)
Overall Vacancy Rates;
Darwin (including Northern Suburbs): 6.4% (Houses 6.3%, Units 6.4%)
Palmerston: 6.9% (Houses 6.3%, Units 8%)
Rural: 8.5% (Houses 8.9%, Units 5.9%)
Ray White Bayside property management team successfully leased 33 properties in Darwin and Palmerston in July, despite these challenging market conditions. Our office vacancy rate currently stands at 5.5% compared to the Industry average of 7.3%.
We achieve excellent results for our Darwin Landlords by constantly researching the market, offering standout marketing options and regular communication regarding rental enquiry, inspections and feedback from potential tenants. Our rentals team here in Darwin WORK HARD for our landlords to achieve the best possible outcome.
Up to Date

Latest News

  • The Queen Mary is Coming to Darwin!

    Well she is the world’s largest and most luxurious cruise liners, and on Saturday 17th March, you’ll have the opportunity to witness her majesty for yourself. We’re talking here about none other than the Queen Mary 2, and she’ll be docking at Darwin’s Fort Hill Wharf West Berth at 7.15am. … Read more

    Read Full Post

  • Eat, Drink and Be Irish at SKYCITY Darwin!

    Yes! St Patrick’s Day is fast approaching and there’s one place you absolutely need to be, if you want to do as the Irish do and eat, drink and be merry! SKYCITY is where it’s going to be happening on Friday 16th – Saturday 17th March. The event is appropriately … Read more

    Read Full Post