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Darwin’s housing market the most landlord-friendly
Words: Fia Walsh
Darwin has topped the nation as the place most profitable for landlords, with new data showing the city’s rental returns on investment are the highest of all capital cities and regional areas in the country.The current yield rate in Darwin is 6.41 per cent, beating Perth’s 4.87 per cent by a wide margin and sitting more than 60 per cent above the national average, according to CoreLogic’s June rental insights report.The NT has avoided the double-digit rent increase felt in most other capital cities over the past year, but the Real Estate Institute of NT says low vacancy rates and interest rate hikes mean the Territory’s housing crisis is nowhere near slowing.
																																								

Original URL: https://www.ntnews.com.au/web-stories/free/nt-news/darwins-housing-market-most-landlord-friendly-data-reveals