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Suburb Insights · NT 0820

The Narrows, NT 0820 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

The Narrows is a well-established middle-ring suburb of Darwin, Australia, with a population of approximately 632, making it a boutique locality. Located 4 km from the Darwin CBD, The Narrows is a middle ring area in Northern Territory. The median household income is $82,004 per year.

Investment Score

58 / 100 Moderate

The Narrows has a solid income profile that supports reliable occupancy rates. The short commute to the city centre is a key demand driver.

Location

Darwin
The Narrows
Northern Territory · 0820
4 km from Darwin CBD
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Key Indicators

Postcode
0820

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

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Population
632

Usual resident population at the most recent census.

Median weekly rent
$300/wk

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

Median household income
$82,004/yr

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

Distance to CBD
4 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
$2,167/mo

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

Home type
45% houses

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

Investment Insight

The Narrows is a smaller community of 632 — about 21% of the Northern Territory suburb median (3,057) — so investors should factor in the narrower buyer pool and longer average time-on-market. The Narrows's median household income of $82,004/year is 28% below the Northern Territory suburb median ($113,308) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Median rent of $300/week (~$1,300/month) covers only 60% of the median mortgage of $2,167/month — the remaining $867/month must be funded from other income, so this suburb tilts toward capital growth rather than yield. At 4 km from the Darwin CBD, The Narrows sits inside the high-demand inner ring — properties here compete directly with the city's employment, transport and amenity networks. Only 45% 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 Narrows vs Northern Territory Median

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

MetricThe NarrowsNT medianΔ vs state
Population6323,057-79%
Median household income$82,004/yr$113,308/yr-28%
Median rent (weekly)$300$360-17%
Median mortgage (monthly)$2,167$1,950+11%
Distance to CBD4 km15 km-73%
Separate houses45%68%-23pp

Investor Checklist

Pre-inspection briefing for The Narrows — 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 632 means liquidity is thin and capital growth tends to lag the wider Northern Territory market over full cycles.

Rental Yield

Weak cash flow: $300/week rent covers only 60% of the $2,167/month median mortgage — a $867/month gap that must be funded from other income. This suburb is a capital-growth play, not a yield play.

Renovation / Flip

Only 45% 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 Narrows property

Full Property Analysis

30-year projections for The Narrows

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Capital-growth expectations for The Narrows are modest for 2026 — incomes 28% below the NT median of $113,308 and a population of 632 suggest gains will lag headline metro markets. Rental coverage runs at ~60% of the typical mortgage ($1,300/month rent vs $2,167/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 58/100 places The Narrows in the mid tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.

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Frequently Asked Questions

Is The Narrows a good suburb for investment?

The Narrows scores 58/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 632, median household income of $82,004/year and median weekly rent of $300. 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 Narrows?

The main demand drivers in The Narrows are proximity to Darwin (4 km), a median household income of $82,004/year, a dwelling mix that is 45% 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 Narrows?

The Narrows has a usual resident population of approximately 632, 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 Narrows from the Darwin CBD?

The Narrows sits 4 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 Narrows?

The most recent census recorded a median weekly rent of $300 in The Narrows, equating to approximately $15,600/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 Narrows?

The median monthly mortgage repayment in The Narrows is $2,167, or approximately $26,004/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 Narrows cash-flow positive for investors?

A median weekly rent of $300 works out to $1,300/month, covering 60% of the median mortgage repayment of $2,167/month. That leaves a $867/month shortfall (around $10,404/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 Narrows?

The main risks are a thin buyer pool (632 residents), interest-rate sensitivity on the $2,167 median mortgage, below-median household incomes ($82,004 vs $113,308 state median), 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 Narrows 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