Darwin is on its way to becoming a gateway between northern Australia and Asia, according to Minister for Transport Peter Styles, who spoke at the Australian Airports Association National Conference in Darwin this week.
The aviation industry in Darwin brings in 2 per cent of the gross state product in the Northern Territory, and those considering real estate in Darwin will be interested to hear that the airport is currently undergoing a $60 million redevelopment.
Additional services are available now and Darwin can be viewed as a gateway from North Australia into Asia.
Philippine Airlines introduced the Darwin-Manila route in June, adding Darwin to its global network. This is great for anyone interested in property in Darwin because it opens up Darwin for increased tourism from Delhi, Abu Dhabi, San Francisco and Shanghai.
From July, AirAsia resumed its service from Darwin to Bali, and after an 11-year absence in Darwin, Malaysian Airlines will have five flights every week to Kuala Lumpur starting in November.
Darwin will be a major focal point of the growth expected in North Australia over the next few years. Given this business development, it will be a great spot for investors.