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The online shopping surge born out of the COVID-19 pandemic has breathed new life into a considerably mundane type of commercial property, as customers shift their habits from major malls to digital screens.

Darwin’s rental market has emerged as the unlikely winner of 2020 following massive gains in the December quarter.

The total value of loan commitments for investor housing rose 6 per cent month-on-month to reach $5.6 billion in November last year, as the property market heated up in the lead-up to Christmas.

Whether you’re a traveller or not, it’s most likely you’ve heard of Airbnb. The digital marketplace, which connects people who want to rent out their extra space or accommodation to guests, has grown in popularity worldwide. 

Having successfully shovelled millions into the local economy, the Northern Territory has extended its BuildBonus scheme to 31 March 2021, with Territorians given extra time to secure a $12,000 grant towards a new build.