Darwin's real estate market has recorded its strongest quarterly growth in a decade, driven by a sustained influx of interstate migrants seeking affordability and lifestyle benefits. The median house price rose 8.3% in the last quarter to reach $620,000, according to the latest Real Estate Institute of Australia data.
Suburbs including Palmerston, Zuccoli, and Bellamack have seen particularly strong demand. Real estate agents report multiple offers on most listings, with interstate buyers frequently competing via remote inspections.
Territory Housing Minister has welcomed the trend, pointing to ongoing investment in infrastructure and services as key drivers of population growth.
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