Homebuyers hot for these Darwin spots

Darwin’s most popular suburbs for property have been revealed with new data finding the markets attracting the most interest from buyers.

The home at 24 Brisbane Cres, Johnston, is for sale with a price guide of $820,000. Picture: realestate.com.au

Darwin’s most popular suburbs have been revealed with new data showing the markets attracting the most interest from buyers.

The latest PropTrack figures found Darwin’s mid-priced markets had the highest enquiries-per-listing on realestate.com.au.

The Johnston house market, with a median sale price of $681,000, topped the list with houses listed for sale attracting 39 enquiries on average.

Next was the Zuccoli house market, at 37 enquiries per listing and with an average price of $594,000.

This was followed by the Leanyer ($620,000) and Driver ($508,000) house markets, both with an average enquiries-per-listing of 36.

The property at 53 Warbird St, Zuccoli, is for sale with a price guide of $700,000+. Picture: realestate.com.au

Tiwi ($586,000) and Howard Springs ($777,000) attracted 34 enquiries per house listing, while the Lyons ($755,000), Nightcliff ($922,000), Bellamack ($653,000) and Virginia ($765,000) house markets each averaged 33 enquiries.

Fannie Bay ($459,000) and Johnston ($376,000) were the most popular unit markets at an average of 29 enquiries per listing each.

Units in Nightcliff, where the median sale price was $419,000, attracted 25 enquiries on average when listed for sale, while the Woolner ($433,000), Parap ($410,000) and Stuart Park ($434,000) unit markets were slightly behind at 24 enquiries per listing.

Ray White Palmerston selling principal, Ryan Rowsell said markets such as Johnston and Zuccoli were attracting strong interest from investors and owner-occupiers alike, with the split between the two heavily dependent on price point.

“Anything under $700,000 is predominantly investors and first homebuyers,” he said.

“Anything above is local owner occupiers.”

Ryan Rowsell, Ray White Palmerston selling principal. Picture: Supplied

Mr Rowsell said with the increased cost of construction, buyers were opting to buy modern established homes, so it was no surprise areas such as Johnston, Zuccoli, Lyons and Bellamack were attracting a high number of enquiries.

“The Darwin property market had been pretty stagnant, but this year it has been incredible,” he said.

“Buyers have got a big fear of missing out now, so they’re putting their best foot forward.

“Before, we’d be getting offers of $50,000 or so less than asking price and then negotiating back to the original price.

“Now, people are happy to pay that price or even offer a little bit over.”

Mr Rowsell said suburbs such as Johnston and Zuccoli were also seeing an increase in interest from buyers shut out of the rural market.

“You used to be able to get into the rural market with $900,000 but now it’s too hard to get into, they’re looking at those big blocks and houses in modern Palmerston.”

The home at 58 Chin Gong Cct, Driver, is for sale for $400,000. Picture: realestate.com.au

DARWIN HOUSE MARKETS WITH MOST ENQUIRIES PER LISTING

RANK	SUBURB	MEDIAN HOUSE PRICE	ENQUIRIES PER LISTING
1	Johnston	$681,000	39
2	Zuccoli	$594,000	37
3	Leanyer	$620,000	36
4	Driver	$508,000	36
5	Tiwi	$586,000	34
6	Howard Springs	$777,000	34
7	Lyons	$755,000	33
8	Nightcliff	$922,000	33
9	Bellamack	$653,000	33
10	Virginia	$765,000	33

DARWIN UNIT MARKETS WITH MOST ENQUIRIES PER LISTING

RANK	SUBURB	MEDIAN HOUSE PRICE	ENQUIRIES PER LISTING
1	Fannie Bay	$459,000	29
2	Johnston	$376,000	29
3	Nightcliff	$419,000	25
4	Woolner	$433,000	24
5	Parap	$410,000	24
6	Stuart Park	$434,000	24
7	Rapid Creek	$431,000	22
8	Bayview	$591,000	22
9	Rosebery	$360,000	22
10	Darwin City	$431,000	20

(SOURCE: PropTrac)

Originally published as Homebuyers hot for these Darwin spots