Northern Territory

Population 191 400
Land Area 1 346 200 sq km

Gross Production

Mining 57.7%
Manufacturing 30.8%
Agriculture 9.1%
Major Cities Population
Darwin 77 366
Alice Springs 24 678
Katherine 8 492
Nhulunbuy 3 923
Tennant Creek 3 140

The Northern Territory with a population of around 170,000 people is Australia's least populated state/territory.

The economy of the Northern Territory revolves around mineral exploration and wide-range cattle activity, with tourism centered in Alice Springs and the Kakadu National Park growing in importance.

The commercial market in Darwin is very limited in size.

Industrial yields in Darwin can achieve a high 11% and be purchased for an average of A$650 per square metre of building area or rented for only A$45/sqm pa.

The hotel & leisure property market in the Northern Territory has experienced good growth recently.

Residential houses in Darwin can be purchased for A$200,000 median price, the third highest in Australia and have grown in value significantly in the last few years.


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