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Roma

Roma

Darwin City
DARWIN council could waive rates for residents who can prove they have been severely impacted by the COVID-19 crisis, while landlords who offer rent relief to residential and commercial tenants could get more time to pay. Darwin council will consider the proposal at a council meeting on Tuesday night as part of a review of its hardship policy. The council will review the hardship policy behind closed doors, but Lord Mayor Kon Vatskalis said there was still plenty of council money available to help people who were struggling financially. “We’ve been talking to the department (of local government) and now there is a possibility to waive the rates,” he said. “Come to us, talk to us, show us your hardship and we will sit down and consider your hardship. “I’m happy to go back and help commercial landlords, residential landlords and people who own their own house.” Mr Vatskalis said he would push to have the first quarter rates of the 2020/2021 financial year deferred and a waiver of fees and charges extended. “If you don’t have to pay the rates now and you can pay them in 12 months’ time it can provide a lifeline,” he said. “If we don’t do anything, businesses will go under and in six months’ time when it’s back to normal, there will be nothing open and nothing to do.” The first quarter rates of 20/21 are due at the end of September. “At the end of the day if we don’t look after our people now we shouldn’t expect them to come back to look after us,” Mr Vatskalis said. “I want our community to survive now and rebound quickly when we are back to normal.” Details:x Darwin council could waive rates for struggling ho... DARWIN council could waive rates for residents who can prove they have been severely impacted by the COVID-19 crisis, while landlords who offer rent relief to residential and commercial tenants could ... www.realestate.com.au
0 Reply 89 Views 3Mo ago
Sam2019

Sam2019

Sydney
The Australian property market finally started to pick up at the end of last year after suffering a long downturn. After the election results, OpenAgent’s Consumer Sentiment Index saw an increase in price expectations. This outlook is continuing to improve, suggesting that property prices could continue going up. New South Wales The proportion of New South Wales home sellers believing that prices will be going up within the next six months gradually increased throughout last quarter. By the end of December, 82 per cent believed prices would stay the same and only 6 per cent believed they would go down. Victoria At the last quarter, home sellers in Victoria were the most optimistic compared to home sellers in the other states. In particular, there was a massive spike from November to December. A large 85 per cent of respondents in Victoria believed prices would be going up during the first half of this year. Queensland Price expectations in Queensland remained stable all of last year and continued to do so in the previous quarter. About 74 per cent of sellers in Queensland said they believed prices would be going up in the first half of this year. Tasmania The property market in Hobart has also been improving this year. In January, the median house price ($512,899) went up by 0.9 per cent. Similarly, the median unit price ($398,205) went up by 0.8 per cent. The city is now back to its former peak. Australian Capital Territory Though the increases in Canberra’s median values over January were quite small in comparison to other capital cities, the market is still back to its last peak. There was a 0.3 per cent increase in the median house price ($701,561), and a 0.1 per cent increase in the median unit value ($441,400). South Australia Market expectations for South Australia were rather negative in the first half of 2019. However, these significantly improved by the end of year. Western Australia The market in Perth is finally seeing positive changes. In January, the median house price ($456,803) increased by 0.1 per cent and the median unit price ($352,556) increased by 0.3 per cent. Unfortunately, dwelling values haven’t gone back to their last peak and are still down overall for the past year. Northern Territory The Darwin market has a similar story. There has been an overall increase of 0.1 per cent in dwelling values but prices are still well below their peak. Though there was a 0.6 per cent increase in the median house price ($469,834), the median unit price ($275,636) went down by 1.1 per cent. Market outlook Solid performance across the nation is a great sign that it’s a seller’s market. If you’ve been waiting for the right time to put your property on the market, this could be it. Read more:x State-by-state breakdown: Property markets improve... OpenAgent’s Consumer Sentiment Index saw an increase in price expectations at the end of 2019. This outlook suggests that prices could continue to rise. homesales.com.au
0 Reply 117 Views 5Mo ago
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