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Suburb Insights · NT 0820

The Gardens, NT 0820 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

The Gardens is a well-established middle-ring suburb of Darwin, Australia, with a population of approximately 726, making it a boutique locality. Located 2 km from the Darwin CBD, The Gardens is a middle ring area in Northern Territory. The median household income is $112,112 per year.

Investment Score

74 / 100 Good

The Gardens benefits from a high-income resident base, supporting premium property pricing. Its proximity to the CBD adds a strong location premium.

Location

Darwin
The Gardens
Northern Territory · 0820
2 km from Darwin CBD
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Key Indicators

Postcode
0820

Official Australia Post postcode for The Gardens. A postcode may cover multiple suburbs.

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Population
726

Usual resident population at the most recent census.

Median weekly rent
$388/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$112,112/yr

Annual median household income (before tax) across all households.

Distance to CBD
2 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$1,733/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
2% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

The Gardens is a smaller community of 726 — about 24% of the Northern Territory suburb median (3,057) — so investors should factor in the narrower buyer pool and longer average time-on-market. At $112,112/year, household income in The Gardens is within 1% of the Northern Territory median ($113,308), placing the suburb firmly in the state's mainstream demographic band. Median weekly rent of $388 equates to $1,681/month — about 97% of the median mortgage repayment of $1,733/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. At 2 km from the Darwin CBD, The Gardens sits inside the high-demand inner ring — properties here compete directly with the city's employment, transport and amenity networks. Only 2% of dwellings are separate houses (vs 68% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.

The Gardens vs Northern Territory Median

How The Gardens stacks up against the median of all Northern Territory suburbs in our dataset. Positive values mean The Gardens sits above the state median; negative means below.

MetricThe GardensNT medianΔ vs state
Population7263,057-76%
Median household income$112,112/yr$113,308/yr-1%
Median rent (weekly)$388$360+8%
Median mortgage (monthly)$1,733$1,950-11%
Distance to CBD2 km15 km-87%
Separate houses2%68%-66pp

Investor Checklist

Pre-inspection briefing for The Gardens — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 726 means liquidity is thin and capital growth tends to lag the wider Northern Territory market over full cycles.

Rental Yield

Strong rental coverage: $388/week (~$1,681/month) covers 97% of the $1,733/month median mortgage repayment, so the shortfall sits at just $52/month. Investors targeting positive cash flow should shortlist this suburb.

Renovation / Flip

Only 2% of dwellings are separate houses (vs 68% NT median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.

Risk Factors

Run the numbers on a The Gardens property

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30-year projections for The Gardens

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Strong

Capital-growth expectations for The Gardens are modest for 2026 — incomes close to the NT median of $113,308 and a population of 726 suggest gains will lag headline metro markets. Rental coverage runs at ~97% of the typical mortgage ($1,681/month rent vs $1,733/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 74/100 places The Gardens in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is constructive heading into the second half of 2026.

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Frequently Asked Questions

Is The Gardens a good suburb for investment?

The Gardens scores 74/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 726, median household income of $112,112/year and median weekly rent of $388. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in The Gardens?

The main demand drivers in The Gardens are proximity to Darwin (2 km), a median household income of $112,112/year, a dwelling mix that is 2% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of The Gardens?

The Gardens has a usual resident population of approximately 726, compared with a Northern Territory suburb median of 3,057 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is The Gardens from the Darwin CBD?

The Gardens sits 2 km straight-line from the Darwin CBD. This is inner-ring territory — pricing competes directly with established Darwin employment nodes.

What is the median rent in The Gardens?

The most recent census recorded a median weekly rent of $388 in The Gardens, equating to approximately $20,176/year in gross rental income (state median $360/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in The Gardens?

The median monthly mortgage repayment in The Gardens is $1,733, or approximately $20,796/year (vs $1,950/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is The Gardens cash-flow positive for investors?

A median weekly rent of $388 works out to $1,681/month, covering 97% of the median mortgage repayment of $1,733/month. That leaves a $52/month shortfall (around $624/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in The Gardens?

The main risks are a thin buyer pool (726 residents), interest-rate sensitivity on the $1,733 median mortgage, a unit-heavy dwelling mix (2% houses) where body-corporate costs and apartment supply affect resale, the broader Northern Territory market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this The Gardens profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

Northern Territory Property Resources