1. Skip to navigation
  2. Skip to content
  3. Skip to sidebar




Property News

Rental property demand to rise in north Australia?

May 25, 2012

Increasing the population of north Australia would be a positive move for the area, many people believe, potentially raising demand for rental properties in the area.

Carried out by Newspoll on behalf of the Institute of Public Affairs, new research found that 63 per cent of Australians believe the region would benefit from a population increase.

Project director John Sipp said: "Australians realise that a prosperous North Australia will benefit the whole country.

"They want to see policies put in place that will stimulate economic and population growth in these under developed areas."

Findings of the study showed that Western Australia had the highest proportion of people showing support for the region's increase, followed by New South Wales and Victoria.

Efforts are currently being made to provide funding to the tourism sector in the Northern Territory, potentially bringing benefits to those with a retail lease in the state as well as various attractions.

Tourism minister Malarndirri McCarthy revealed that $311,320 of funding would be allocated to several projects throughout the area so that they could develop their offerings and create new products.



Related Articles

NT residential real estate developments under review

The Northern Territory government has unveiled plans to boosting housing stocks in Darwin - a move ...
read more

Northern Territory mining projects may attract property investment

The Northern Territory government has given the final tick of approval to an $8 billion mining ...
read more

First time buyers emerge in droves in the NT

Northern Territory residents are taking advantage of the territory's first time buyer scheme, ...
read more

Latest Articles

Increased construction figures across New South Wales highlight investment strength

Buyers looking for a great area to consider land investment and property construction in the near ...
read more

Regional Victorian home values increase significantly during last 12 months

Regional Victoria has seen house prices rise again during the last quarter, with new data ...
read more

RP Data: Quarterly rental data highlight slowing capital market

Owners of investment property could be interest to see the latest statistics from RP Data, with the ...
read more