General
The Top End Is Taking A Long Time To Find The Bottom, Due To Poor Job Opportunities
This article first appeared in Your Investment Property Magazine – 2018 November Market Report.
The decline is slowing down in the NT, but values are still on a downward spiral.
CoreLogic’s Total Returns Index for July 2018 showed that the total returns for Darwin fell from 2.5% in the 12 months to July 2018 to just -0.8%. However, the report indicates that, even with this drop, the decrease in values was less sharp over the previous two months.
Regional pockets of the NT recorded…
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