Darwin ranks as the slowest selling capital city property market: CoreLogic

Darwin ranks as the slowest selling capital city property market: CoreLogic
Darwin ranks as the slowest selling capital city property market: CoreLogic

Darwin is the capital city where it takes the longest time to sell a property, according to CoreLogic’s latest report.

The property data firm says that it takes 94 days to sell a house in Darwin while units can expect to stay on the market for 113 days.

Conversely Sydney and Melbourne properties takes around a month to sell for both units and houses.

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Darwin ranks as the slowest selling capital city property market: CoreLogic

A three bedroom unit at 314/71 Progress Drive, Nightcliff (above) has been on and off the market since October 2013.

A four bedroom house at 20 Ruddick Circuit, Stuart Park (below) has been on and off the market since April 2013.

Darwin ranks as the slowest selling capital city property market: CoreLogic

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Darwin Corelogic

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