Question 1

Is The Gardens a nice place to live?

Accepted Answer

The Gardens is a small, leafy inner-north suburb of Darwin centred on the George Brown Darwin Botanic Gardens. Tree-lined streets and green public spaces create a park-like residential character, with mostly low-rise weatherboard and brick homes and a handful of modern units. Residents have direct access to the botanic gardens and Gardens Park, and cafés and weekend markets in adjacent Parap and waterfront recreation at Cullen Bay are within easy reach.

Home to 726 people with a median age of 36, the community is weighted towards couple households, with couples without children 57.9% of families and couples with children 27.0%, and most dwellings are rented (63.8%). The suburb appeals to professionals, families and retirees seeking a quiet, tidy neighbourhood close to the city and main transport routes.

Question 2

Is it expensive to live in The Gardens?

Accepted Answer

Rents in The Gardens are about $735 a week for houses and $600 a week for units. Against a typical local household income of $2,156 a week as recorded at the most recent Census, a house rent would take about 34.1% of that income and a unit about 27.8%.

On these figures, house rents take a sizeable share of a typical local household's income at the last Census, while unit rents sit in the moderate range. If you're renting rather than buying, those rent shares are the numbers that matter when you judge whether the suburb feels expensive for you.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is The Gardens a good place to invest?

Accepted Answer

Rents in The Gardens rose strongly over the past 12 months. House rents climbed 13.1% while unit rents climbed 14.3%, so rental income is where the movement has been this year, with unit rents edging slightly ahead of house rents. Whether that fits your plans depends on your investment goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	3	7
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	$735	$600
Change in rent Past 12 months	13.1%	14.3%

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