Real Estate Commission in Darwin

Real estate fees in Darwin

The tropical and cosmopolitan capital of the Northern Territory has undergone a slight decline overall in the property market over the last 12 months. There have however been remarkable instances of growth in the quiet suburb of Bellamack, located at the southern-most tip of Darwin, where median house prices have skyrocketed to $665 thousand. The real estate agent commission for these record breaking properties would likely have been well above those of the metropolitan areas. Sitting between the Darwin Botanical Gardens and the CBD, the more metropolitan suburb of Stuart Park has found record prices of $1.9 million in the last 12 months, establishing itself as a very desirable location.

What to consider when finding the right real estate agent to sell your property

• To the south east, is the suburb of Durack, and due to its distance from metropolitan Darwin, it tends to attract higher real estate commission, because of lower property values.
• In rural and outer suburbs it is very important to compare agents; finding one with key knowledge of the area and experience selling property in the local market can make a huge difference.
• Real estate agent commission in Darwin’s CBD is normally lower, with higher property value and competitors keeping the commission low.