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Guide to Real Estate in Darwin

About Darwin

Darwin is Australia’s most northern capital city and the capital of the Northern Territory. With its closeness to Asia, it is an important transport hub to Australia’s closest northern neighbors.

In fact Darwin is closer to Indonesia’s capital Jakarta than it is to its own country’s capital – Canberra. The port is an a strategic departure point for its agricultural and mining exports.

Darwin consists mainly of the city centre, suburbs and satellite towns of Litchefield (30km from Darwin) and Palmerston (21km away from Darwin).

Darwin an in an interesting mix of cultures with more than 60 different nationalities calling Darwin home. Darwin has a large Indigenous people, people with European backgrounds, a particularly high Greek population and high concentration of people from south east Asia.

Darwin is a fairly laid back kind of place, perhaps due to its remoteness and warm tropical weather. Most people prefer to live close to the city centre, which has resulted in the construction of high density housing and apartments.

The city is however prone to cyclones and has been severely hit in 1897, 1937 and by Cyclone Tracy in 1974.

Darwin’s Top Real Estate Agents

Darwin has nearly 200 registered registered agents. So how to go about finding the top one to sell your property? One of the top selling agents in Darwin has sold nearly 30 properties in the past 12 months. The agent has sold mostly houses, but also some apartments, townhouses and vacant land. The second top agent is dominating residential sales in Darwin. He is moving property both at volume and with just a short time on the market.

Click here to find your top agents in Darwin.

Darwin’s Property Outlook

There is no doubt that the Darwin property market is currently going through a rough patch. House prices are falling, which of course is good news for anyone looking to get into the market, but probably not so good news if the market hasn’t bottomed out yet.

As the resource sector has weakened, with almost no growth in population, demand for housing has also decreased, with high vacancy rates for property rentals.

Darwin’s Best Suburbs to Live

Darwin has four main areas to live: Inner Darwin (Lyons Ward), East Darwin (Waters Ward), North Darwin (Richardson Ward) and West Darwin (Chan Ward).

Some of the more desirable areas to live include:

The Gardens: This is where the George Brown Darwin Botanic Gardens are located and there are some great sporting facilities including a golf course and the nearby Mindil Beach.

Bayview: One of the newer areas of Darwin which has nice views over the city.

Nightcliff: Northern suburb with more traditional shopping centers along with more modern places. The beach is nearby and there is a great jogging path.

Parap: A suburb located 3km north of Darwin and is well known for its markets and shopping centers.

Stuart Park: Offers easy access to Darwin CBD and one the most residential areas of the inner city.

Darwin real estate guide information

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