A series of infrastructure projects lined up by the NT Government and private enterprises is expected to rev up Darwin s real estate markets, a property expert has revealed.
A series of infrastructure projects lined up by the NT Government and private enterprises is expected to rev up Darwin s real estate markets, a property expert has revealed.
Big infrastructure spending in Darwin is set to deliver an 11 per cent surge to capital growth in the city’s real estate and push rents up as much as 15 per cent, according to a local expert.
Rental yields up around 8 per cent and proximity to Asia are leading to an influx of interest in the Northern Territory capital’s property market, according to a GM.
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