Real Estate Comission in Northern Territory

The Northern Territory is home to some of Australia’s greatest national treasures, with the likes of Uluru and Kakadu National Park amidst its ranks. What’s also great is the rise in property prices across the state, where house and unit prices have grown 8.5% and 9.1% respectively, over the last 12 months. Just next door to the West MacDonnell ranges, Alice Springs has shown promising growth, ensuring the real estate commission will likely stay lower than that of the state average. Katherine, just south of Kakadu, has also undergone blistering growth, though houses have tended to stay on the market for longer than usual, at 90 days on the market as the average.

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

• In the state’s hot north east, the regional town of Borroloola may follow trends that indicate relatively high real estate commission, as lower property prices and fewer competing agents are a factor.
• In rural and regional areas 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.
• Metropolitan Darwin has enjoyed lower real estate agent commission, due to higher property prices and greater competition between agents.