NT housing market remains sluggish despite rising prices from rate gum gum Watch Video
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⏲ Duration: 2:2 👁 View: 9.6M times ✓ Published: 28-May-2024
Description: While Darwin rental prices have been steadily increasing... It's still the cheapest capital to buy in, with median home prices sitting at just under $500,000. Although prices rose marginally last month, Darwin’s market is growing at one of the slowest rates in the country. One expert says crime, a lack of affordable homes and a lack of opportunity is keeping demand in check.