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

Darwin ranks as the slowest selling capital city property market: CoreLogic
Staff reporterSeptember 10, 2017

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.

Click to enlarge

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.

Editor's Picks

"A new benchmark for buyer protection" INCA takes out Resilience LDI at Ellis Residences, St Ives
Deicorp breaks ground on $1 billion Showground Pavilions in Castle Hill
Where to buy a new apartment on the Sunshine Coast in 2025
First look: Rose Bay's downsizer push continues
Blackburne files for "most exciting new apartment development yet" in South Perth