Darwin home owners sell as market rises, but experts warn window may close
Property market defies national slump with rising prices, but limited supply and potential rate hike threaten cooling
A growing number of Darwin home owners and investors are listing their properties to cash in on rising prices, but experts at real estate analytics company Cotality warn the window to sell may be short-lived as the market shows signs of cooling. Darwin has recorded the strongest property market in the country, with house prices up 0.3% and units up 0.8% for September, bucking a national downturn.