The Gardens

POSTAL CODE: NT, 820
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The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $471,000.

Investors saw the median home price rise to $471,000.

The upward trend in home prices in THE GARDENS, 820 averaged 3.07% per annum over a 3-year period.

THE GARDENS now ranks at the 29th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in THE GARDENS are low, as opposed to average gains per annum over the past five years.

Real estate investors could earn a rental income of $580 based on current median home prices for the suburb.

It is expected for properties to spend some time on the market prior to a successful sale. In THE GARDENS, homes and units usually stay on listing for an average of N/A.

22 properties were sold in THE GARDENS in 2016, making it the 20th most active market in NT based on total real estate transactions.

Surburb overview

"The Gardens, with the postcode 820, is a picturesque and esteemed suburb nestled in the heart of Darwin, the vibrant capital city of the Northern Territory, Australia. This overview captures the essence and the latest developments of The Gardens.

The Gardens is superbly located immediately adjacent to Darwin’s central business district (CBD), offering unparalleled access to the city’s commercial, recreational, and cultural amenities. This proximity, often within walking distance, makes The Gardens one of the most coveted addresses for those seeking urban convenience amid natural beauty.

The Gardens is home to a diverse, dynamic community, comprising a mix of young professionals, families, and retirees. The demographic profile reflects a blend of cultures and lifestyles, attracted by the suburb’s prime location, quality housing, and serene environment. The population in The Gardens enjoys a high quality of life with access to excellent amenities and services.

The suburb falls under the jurisdiction of the City of Darwin, which provides local governance and community services. The City of Darwin Council is committed to maintaining the area’s lush landscapes, supporting local infrastructure, and fostering a vibrant community spirit through various initiatives and programs.

The Gardens is well-serviced by Darwin’s public transportation network, with several bus routes offering convenient connectivity to the CBD and beyond. The suburb’s central location ensures that public transport is a practical option for commuting and accessing citywide attractions.

The Gardens boasts proximity to significant landmarks and establishments, including the George Brown Darwin Botanic Gardens, which lends the suburb its name and offers a lush escape with walking paths, themed gardens, and abundant wildlife. Additionally, it is close to the SKYCITY Casino, Mindil Beach Sunset Market, and Darwin Golf Club, providing a variety of entertainment, dining, and recreational options. Educational institutions and shopping facilities are also easily accessible, enhancing the suburb’s appeal to families and individuals alike.

Beyond the Botanic Gardens, residents enjoy access to numerous parks, green spaces, and recreational facilities. The proximity to Mindil Beach allows for beachside activities, while the Darwin CBD offers cultural and entertainment venues, including theatres, galleries, and museums.

In summary, The Gardens is a premier Darwin suburb that offers residents an enviable lifestyle combining urban convenience with natural beauty. Its strategic location, coupled with a rich array of amenities and recreational opportunities, makes it a highly desirable place to live for a wide range of residents."

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