Northern Territory’s capital, Darwin is a cosmopolitan city that boasts a multi-cultural population, stunning landscape and ample opportunity in the commercial property sector. Regarded as the gateway to South East Asia, Darwin is the main service centre for the mining, gas production, tourism and tropical horticulture industries.
Darwin has one of the fastest growing residential populations in Australia, recording a 5% increase since 2007. With an increase in population, the demand for property has seen an upsurge.
Given Darwin’s proximity to Asia, commercial real estate is proving to be an attractive option for both overseas and local investors, particularly those interested in the industrial sector.