Expecting a Boomtown? Exploring potential housing - related impacts of large scale resource developments in Darwin

Abstract

Darwin is a city in the Northern Territory of Australia expecting a 'boomtown' scenario due to significant natural resource developments in the Greater Darwin area. The experience of 'booming' has a range of impacts upon communities. Housing is a key area of impact, particularly for the most vulnerable members of a population, who may not reap the benefits of the 'boom'. In Darwin, new resource developments will begin in the context of record high house prices, high rents and high homelessness rates. This literature review explores what is known about the housing-related impacts of boomtowns and considers the likely housing-related impacts of a boomtown scenario in Darwin. While the city's diverse economy and population size may provide some insulation from severe boomtown impacts, housing availability and affordability is likely to be negatively impacted. The implications of this for the most vulnerable members of the greater Darwin population require careful consideration.