Darwin Property Investment Market
After a period of boom in the Darwin residential property market, there are strong indications that the market is now cooling off.
I recently attended a presentation by Commsec’s Savanth Sebastian who commented that the completion of the gas pipeline with require only 1 in 10 of its current workforce when construction is completed. This is supported by Australian Residential Property Planners. Such a decline in employment will have a large impact on the demand for property in Darwin, including the rental market. To find out more about this article, click here.