Darwin homes soar in value by 14 per cent over the past 12 months

Darwin homeowners are, on average, $79,000 better off than his time last year after prices boomed 14 per cent over the past 12 months. Darwin homeowners are, on average, $79,000 better off than his time last year after prices boomed 14 per cent over the past 12 months. Darwin is leading the country in home price growth as the nation’s strongest market, to hit a new average home value peak of $639,000. That’s up from $560,000 this time last year. According to the latest Home Price Report from realestate.com.au, Darwin home prices – that is all dwellings on average – grew 0.1 per cent in August to register growth of 14.1 per cent over the past year. House prices grew 0.1 per cent in August, with unit prices holding flat. Over the past year, house prices have grown 14.3 per cent to a new average high of $730,000 with unit values up 13.7 per cent to $484,000, just 0.3 per cent below their peak. MORE: Common Aus home feature now costs $3m Darwin home price growth is leading the country. Picture: realestate.com.au Regional Northern Territory home prices recorded the biggest monthly growth of all markets, alongside regional SA, up 0.2 per over the month of August to hit a new peak of $365...