Darwin’s suburbs are triangular. The city and the older, south-western suburbs from one section, the newer northern suburbs from another and the eastern suburbs make up the final corner. The Darwin International Airport and RAAF Base Darwin separate the older part of the city from the northern suburbs. One of the country’s fastest-growing municipalities is the satellite city of Palmerston. The city’s more rural areas, such as Berry Springs and Humpty Doo, have also shown exceptional growth.On the day of auction, the auctioneer will detail the terms and conditions of the auction process and then call for bids on the property. All bidders must register by showing identification. The Auctioneers must not engage in conduct that is fraudulent or misleading. Dummy bids are prohibited. Before the auction, the vendor will set a ‘reserve price’, and they will pass the property in unless the bidding reaches that point. An auctioneer will often recommend the attendees that the property is ‘on the market’, showing it has passed the reserve price and will be sold to the highest bidder. If they do not reach the reserve, bidders negotiate with the selling agent. As usual, ensure that finance is ready to meet the agreed settlement date.  For private treaty to offer on a property should be on a formal contract, although buyers can make verbal offers, and they must send all offers to the vendor. The vendor is not bound to accept your submission until the contract of sale is exchanged. At the time of the exchange, the purchaser must pay a deposit. The settlement process can take from 30 to 90 days.