Tag Archives: real estate

Economy worsens: Higgins




The NT desperately needs a population growth stimulus, writes Gary Higgins, Opposition Leader. FULL STORY »

Sharp drop in houses, units sales in March quarter

2530 Kilgariff 2 SM



There was a small increase in the median house price, but caution is needed in calculating unit median because of low sale numbers, says L J Hooker boss Doug Fraser. ERWIN CHLANDA reports. Photo: New houses going up in Kilgariff. FULL STORY »

Real estate: Desert Springs up, Larapinta down

2503 real estate image SM



There were some significant fluctuations in median house prices in the December 2017 quarter, and a whopping 28.7% drop in the price of Rural Area properties. ERWIN CHLANDA reports. FULL STORY »

Long term: Houses flat, units down, but current vacancies low




The vacancy rate has dropped to 2% and the Housing for Real Growth Scheme was a winner, says prominent real estate figure Doug Fraser (pictured). But more government funds are needed to satisfy the increased demand for subsidised rentals.   ERWIN CHLANDA reports. 


House prices for quarter down 5%, units 7%, unit sales up.

2459 Gillen Araluen SM


And as for the year ending June 30, the local L J Hooker boss Doug Fraser says there was a marked increase in the number of houses sold but unit sales were at the lowest rate since the company started to keep records. PHOTO: Araluen, where in the June quarter 13 houses were sold but the prices dropped 17% from the March quarter, while next-door in Gillen there was the same number of sales but prices rose 2.4%.


Median house prices still on the rise: Senior real estate agent




Gillen popular, one home goes for $1.1m but hardly any action on industrial, says L J Hooker boss Doug Fraser. (pictured).

And pollies should cut red tape: It’s slowing down issuing of titles.


Homes up a bit but commercial vacancies ‘abnormally high’



Slight increases in prices for residential properties but abnormally high vacancy rates in the retail, commercial and industrial sector – that’s where the Alice Springs real estate market is at, according the L J Hooker’s Doug Fraser. ERWIN CHLANDA reports. PHOTO: Google Earth image of the industrial area and the CBD, bottom right in the picture.


Homes get cheaper, web buying hammers traders




Boost as new government brings back stamp duty rebate for first home buyers, says senior industry source. PHOTO: The industrial area where the commercial and industrial rental market struggles.


Pine Gap may sell homes as housing starts drop



Light at the end of the tunnel? Election, Brexit, low interest rates and high dollar will shape the future. ERWIN CHLANDA reports.


New investment sign of faith in future of Alice




Aurora, the South Australian hotel and land development group which has a long association with Alice Springs, is expanding its latest project just outside The Gap. ERWIN CHLANDA reports.