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Darwin has cheapest house prices?

Posted: Mon Oct 01, 2018 12:09 pm
by Matt Flynn
I knew Darwin real estate prices had gone down, but wtf?

• Sydney $847,948

• Melbourne $697,457

• Canberra $598,326

• Brisbane $495,474

• Perth $452,138

• Hobart $443,711

• Adelaide $438,570

• Darwin $436,936

From here ... https://www.news.com.au/finance/economy ... 3a21305874

Re: Darwin has cheapest house prices?

Posted: Mon Oct 01, 2018 1:16 pm
by NinjaFish
There's a lot of ex Gov. housing on the market being sold privately anywhere from 280k to 320k lately which will influence the stats. Don't worry though Matt, there still a lot for sale around the 700-800k (previous 800-900k) bracket and over and I reckon there's quite a few forclosures by the banks that are selling cheaper houses also.

Re: Darwin has cheapest house prices?

Posted: Tue Oct 02, 2018 10:54 am
by al57
i heard also that a lot of army and airforce personel are moving out of darwin and relocating back down south ,that might add to the amount of houses on the market overloading the sales .