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Hi, I have two investment properties in Darwin, one in Stuart Park and one in Milner. The last few years have been good, 1997-2002 was lean and then it jumped. I agree with the other poster that if you dont need the cash why sell. I understand Darwin is going well, on the back of the Gov/Mining/Tourism and of course in Palmerston the millitary. Palmerston needs the military more than the rest of Darwin, so as long as you have done your research on Palmerston and are happy, keep it. For the record I am not selling, but think the gains may be a bit more “normal” in the next few years. Especially in the unit market. Good luck anyway! [biggrin]
[angry2] Not happy with Raine and Horne, or was it just PRD or before it Great Northern or the Year before that who can remember. ……I just did a search for Darwin Property Managers and I thought I would throw in my Twenty Cents worth. I have had ongoing problems with these company and the current property manager has made mistake after mistake, anyone who wants some background, please email me and I will happy forward my ongoing disasters with them, my property is worth around $500,000 so why do they have teenagers looking after your property? Sorry but I can’t come up with a better company, but I have made the final move and am trying someone else. My only tip for anyone looking for a property manager, DO NOT use Jodie Smidt or the now Raine and Horne Company in Darwin. I hope that saves some investor the paid and the frustration, that I have had over the years.
