A Sign That Things May Be Easing...

I received an email from a friend of mine at WestNet who had noticed that a recent downward trend in supply (number of properties on the market) across Darwin and her Suburbs now seems to be establishing itself. We are now back to Aug 2010 levels. - Over supply has been a worry for a while.

Too early for confidence, but a welcome trend that we should watch closely.

Hottest Spots to Buy Real Estate in 2011

NEWS.COM.AU'S guide to Australia's 2011 property hotspots.

Northern Territory

Darwin is still the obvious NT hotspot due to its housing shortage - it’s the most expensive city in Australia to rent a property. If experts are correct, it’s time to snap up units and houses in suburbs on the outskirts of Darwin including Driver, Malak and Anula where prices are rising sharply... read more here.