Median home prices surge more than $18K in three months

“In our market, in the last 12 months, we’ve had a bit of an influx of buyers agents from down south, and interstate investors purchasing up a lot of the cheaper stuff,” Janine Ashmore, cofounder and director at Darwin-based Bliss Home Loans, told Australian Broker. “We have this, sort of, second economy going on because our rent returns are so high for investors down south. So a lot of the stock has been taken up by that.”