Darwin has cheapest house prices?

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Matt Flynn
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Darwin has cheapest house prices?

Post 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


NinjaFish
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Re: Darwin has cheapest house prices?

Post 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.
al57
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Re: Darwin has cheapest house prices?

Post 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 .
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