Real Estate Fees in Darwin
Australia’s northern most capital, Darwin, has suffered a slight decline in median housing prices over the last 12 months, though the tropical metropolis is seemingly on the rise again, with an increase of nearly 1% over this last March quarter. With Kakadu National Park neighbouring to the east, many suburbs have been showing great signs, like metropolitan Ludmilla, across from the Darwin International Airport, where auction clearance rates on houses have reached an amazing 100% over the 12 month period. The western regional suburb of Johnston has also been promising, with $1.8 million as the highest recorded price paid over the year.
What you need to know about Real Estate Fees in Darwin
There is as unregulated marketplace in Darwin, allowing real estate agent fees to be set at any price. This means real estate fees are dictated by supply and demand, with metropolitan and CBD adjacent suburbs, like the opulent Larrakeyah, typically having lower real estate agent fees, caused by high property prices and greater competition amongst agents. The regional outer suburb of Muirhead, on the coast to Darwin’s north, is similarly affected, where lower property prices and agent density tend to cause higher real estate fees.
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Real estate agent commission data sourced from LocalAgentFinder on 23rd November 2018.
What to consider when finding the right real estate agent to sell your property
- It’s important to look at more than just real estate agent fees when deciding on an agent, as other services may be offered that can help immensely.
- Nakara, in the northern suburbs, is next to Charles Darwin University, and properties there may benefit greatly from an agent with experience selling similar properties in the area.
- Comparing agents is the best way to find out the average real estate fees in an area and what you can expect in the way of services.
Want to find out what real estate agents are charging in Darwin?
The best way to compare agents in your area is with AgentsCompare. It’s a 100% free online service with no obligations, allowing you to find the agent best tailored to your needs. So register on the website today, so you can land on your feet as you jump back into the property market.
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