Hi all
I live in Perth and currently looking at buying and investment property in Darwin
Has anyone brought a investment property in Darwins Muirhead Breezes, im looking to buy an investment property up there , I have a few concerns

Concerns include, like Perth, property, jobs etc are going backwards at a rate of knots due to the downturn in mining, whilst I agree Darwin has a lot going for it, agriculture, defence etc, but, it cannot remain immune from the downturn, I believe that next year, it will still continue to come off, so a property worth $600K say might only be worth $550K or thereabout in 6 months, and then, how long is a piece of string for recovery – I do understand it’s a long term investment but wouldn’t it be better to adopt a wait and see approach re-visiting investment in the area say around April next year to see how the market is traveling