Email By Stephanie Zillman Updated December 22, 2019 13:32:41 Photo: Melissa Coles says the depressed property market has provided an opportunity for her family. (ABC News: Stephanie Zillman) Related Story: Financial stress and people who ‘don’t believe in paying rates’ hit Top End councils Related Story: NT budget deficit set to grow higher than predicted over the next four years Related Story: If you’re not worried about the NT, perhaps you should be. Here’s why Map: NT Melissa Coles sleeps on her living room couch so that her two children, aged 7 and 13, can have their own bedrooms. Key points:Darwin’s median property prices have retreated to the equivalent of median property prices circa 2006Median unit prices in Alice Springs have, for the first time, surpassed those of DarwinA declining population, with no projected growth next year, will likely keep the Top End property market in a state of atrophy It is just one of the many sacrifices she and her partner make for the sake of their family, who live in the Palmerston suburb of Moulden, on Darwin’s fringe.”There’s definitely been times when I’ve skipped a meal because things were too tight that day and the kids needed to… Read full this story
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