Berrimah ranked the quickest FHB path to house ownership in Greater Darwin: Domain

The quickest path for first home buyers to purchasing a house in Greater Darwin is Berrimah, according to a report released by Domain.

The time needed to save for a house or unit has dropped over the past year in Greater Darwin.

It’s now 11 months quicker to save for an entry price house deposit and nine months quicker to save for an entry price unit deposit.

Along with Greater Perth, Greater Darwin is the only other city where the savings journey is shorter for both houses and units than the previous year.

The market has softened in Greater Darwin shaving significant time off the journey to saving a deposit, which is a positive for first home buyers.

The fastest path to unit ownership is Nightcliff