Brisbane Southside
Request Appraisal
R&H
  • Home
  • News
  • News & Media
  • Rural hinterland is Darwin’s best-kept real estate secret as the dry season market takes off
You are viewing an article that is not currently active

Rural hinterland is Darwin’s best-kept real estate secret as the dry season market takes off

May 30, 2024

Despite the spotlight on Darwin’s vibrant CBD apartment market and the housing markets in northern coastal suburbs like Nightcliff, Stuart Park, and Fannie Bay, there’s an often-overlooked gem: the NT capital’s rural hinterland market.

According to leading NT real estate firm Raine & Horne Darwin, it’s possible to pick up a rural property for under $1.1 million in areas such as Virginia, Humpty Doo, and Noonamah. The timing is especially favourable for rural property sellers, with the traditional dry season market in full swing. Raine & Horne Darwin has noted a significant market uptick, selling as many properties in the second week of May as they did in the entire month of May 2023.

Mr Glenn Grantham, General Manager and Sales Director at Raine & Horne Darwin said, “Areas such as Virginia, Humpty Doo, and Noonamah are very popular with buyers as they all lie within 40 minutes of the Darwin CBD, so it’s possible to have a city job and a rural homelife for under $1 million. 

“Try ticking off this work-life balance quinella for such an affordable price in other major capital cities around the country. It just won’t happen.”

To illustrate, Raine & Horne Darwin has listed a magnificent rural property spanning 2.05 hectares at 71 Fisher Road, Virginia[i]. This property perfectly caters to the living needs of Darwin-based executives or those relocating to the NT for work, within a tranquil bushland setting.

“This property is already attracting significant attention as its perfect for those venturing into a rural lifestyle for the first time. It offers a fully renovated three-bedroom family home featuring a modern and stylish second dwelling, along with a massive shed that needs no work,” said Mr Grantham, who is also the listing agent for this unique rural gem. 

“We believe it will appeal to multi-generational families with either a grandparent or a teenager seeking his or her own private digs or families where mum and dad have to work from home at times.”

The property is accessed via a private driveway leading to an automatic gate, revealing immaculate gardens and centrally located dwellings and sheds. Apart from three bedrooms, the main home has been renovated to an executive standard with high-end finishes that seamlessly blend with outdoor living. The full wrap-around verandah ensures the house remains cool throughout the day, while the surrounding bushland also provides shade over expansive lawns and established gardens.

Proving that no stone has been left unturned, there is auto reticulation for the gardens controlled remotely via Wi-Fi, while there is also a fully airconditioned chicken coop.

The showstopper kitchen has top-of-the-line ASKO appliances, granite benchtops, an island bench, and splashbacks. “It is perfect for cooking and entertaining, both indoors and out,” Mr Grantham said. 

“The open plan living and dining areas offer views to the front and back, allowing parents to watch their children play and relax.”

In addition to the main home, there is an oversized, renovated one-bedroom granny flat with a bathroom featuring a shower, freestanding bath, and a walk-in robe. 

“This additional dwelling complements the style of the main house and can accommodate extended family or generate rental income of $450 a week,” Mr Grantham said.

Functionality is a crucial feature of this property, with a 90 sqm shed that includes its own bathroom, office, lockable storage area, and mezzanine. Mr Grantham added, “This property ticks many boxes for those executives or small business owners who need a separate space away from the family for work requirements.”

For all your real estate sales and property management needs in Darwin and Palmerston or to find out about the auction process, contact Raine & Horne Darwin on 08 8941 8941. 

[i] https://www.raineandhorne.com.au/darwin/properties/71-fisher-road-virginia-0834-northern-territory