The Northern Territory news Thu 10 Apr 2014
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Community newspapers -- Northern Territory -- Darwin; Australian newspapers -- Northern Territory -- Darwin
News Corp Australia
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News Corp Australia
THURSDAY APRIL 10 2014 NEWS 07 V1 - NTNE01Z01MA Rents through the roof ITS good news for investors and homeowners as new data shows Darwin has the highest rental yields of any capital city in Australia. Dwelling values, also, have again risen for another quarter. According to the RP Data Rismark Home Value Index, Darwin has the highest rental yields for the quarter, with a gross rental yield of 5.9 per cent for houses and 6.2 per cent for units. Real Estate Institute NT executive officer Quentin Kilian said Darwin had outperformed every capital city for about 10 years in rental yields. Weve been experiencing rental yields of upwards of 5 per cent for the last decade, he said. Rental yields like this are generally driven by supply and demand and while there is a greater demand on rental properties, there will be higher rental prices and you will get stronger returns. Nationally, in the past 12 months to March, rent for houses increased by 1.3 per cent and 2.6 per cent for units. According to RP Data, national rental yields are increasing at a lower rate than they had been for the past five years. But Darwin is the strongest performing capital city market for units, with yields rising 5.8 per cent in the past 12 months while house rental yields remained unchanged. Units in Darwin have a median rent of $550 while the median rent for houses is $650 both the highest of any capital. Based on the RP Data Rismark results, property values also continued to rise in Darwin, up 3.3 per cent in the last month and 2.8 per cent for the first three months of the year. Nationwide dwelling values rose 2.3 per cent during the month to post a 3.5 per cent capital gain for the quarter and a cumulative 15.8 per cent since the growth cycle commenced in June 2012. RP Data research director Tim Lawless said a majority of this growth has occurred since June last year. Dwelling values increased by just 2.9 per cent over the first twelve months of the cycle, however, since last June, values are up by close to 13 per cent, he said. Over the long term, I dont believe such a strong pace of growth can be sustained we expect housing market conditions to cool down as the year progresses. By SUE DUNLEVY ADULTS spend more time in front of a screen than they do sleeping, with eight in 10 losing more than a day each week to the glow of either a computer or a television. And more than half of us worry how its impacting our family life and our health. A health survey has found adults spend nine hours a day in front of a screen, with six hours for leisure and three hours for work or study. This is more than the eight hours recommended for sleep, according to 1505 Australians surveyed by Medibank. Eight in 10 adults spend more than the equivalent of a whole day a week online, an average of 25 hours a week. Malak curator Jack Flynn, 33, who works for NT Cricket, is one of the lucky ones who has an outdoor job and only spends on average two hours a day in front of a screen. Im normally only looking at a screen on my phone or tablet for a couple of hours a day these days, he said. I used to work in the betting industry so I used to sit in front of a screen all the time. Mr Flynn said many mates, and the nephew he lives with, however, spend several more hours a day in front of a screen.Darwin curator Jack Flynn has left the days of spending all day in front of a screen behind him, opting for outdoor work Picture: HELEN ORR Bottles spirited away by offenders UP to 60 bottles of spirits and a large Esky have been stolen from a Central Australian club. Southern Watch Commander Siiri Tennosaar says police have been investigating an unlawful entry at the Gillen Club on Milner Rd, Alice Springs. The offenders gained entry to the venue at around 2.30am (yesterday) morning, stealing up to 50- 60 bottles of standard spirits and a quantity of pre mixed drinks, she said. A distinctive and rare Esky was also stolen. Anyone who has information relating to the matter is asked to make contact with police on 131 444. ANIMAL owners in Darwin will only have to register their pets once a year on July 1. Darwin council voted to change the animal registration date for all cats and dogs at Tuesday nights meeting. Lord Mayor Katrina Fong Lim said having one annual registration date would make it easier for pet owners. Its going to be much easier to remind people, she said. Sixty five per cent of animals arriving at the pound are unregistered, making it very hard for us to reunite them with their owners. Darwin council is undertaking a campaign to let the public know about the importance of animal registration. We want to make sure doing the right thing by our animals is as easy as possible. Previously animals in Darwin had to be re-registered 12 months after their original registration date, with several animals meaning several dates to remember. By COURTNEY TODD Rate of liver disease soars AUSTRALIAS growing waistline has medical professionals shaking their heads. Non-alcoholic fatty liver disease has begun to run rampant through the population with 15 per cent of children and four in every 10 Aussies over the age of 60 suffering the condition. People with obesity and diabetes have the highest risk of developing the disease. Authors doctor Maitreyi Raman, Angela Sirounis and Jennifer Shrubsole have launched a book, Healing Fatty Liver Disease: A Complete Health and Diet Guide, on life changes that can help prevent and reverse the disease. Screens sucking our time One pet rego date to rule them all Darwin leads capital cities as top earner for investors 1/31 knuckey street, darwin city 8941 0688 fnd us on facebook stomp_shoes shoes bags jewellery accessories
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