Question 1

Is The Narrows a nice place to live?

Accepted Answer

The Narrows is a compact inner Darwin suburb beside Darwin Harbour, with a relaxed tropical residential character and close links to the waterfront. Streets are generally low-rise, with a mix of older timber houses and modest apartment buildings set among palms and established gardens, giving it a village feel despite its city-edge location. Residents have easy access to foreshore reserves and waterfront paths, while the amenities of the city and neighbouring shopping and cafe strips are a short drive away.

It is home to 632 people, with a median age of 39 and a typical household income of $1,577 a week (about $82,000 a year). The community is largely made up of couple families and most dwellings are rented (58.4%), with 41.6% owner-occupied. A staged public housing redevelopment on Shiers Street has seen the 76-unit complex demolished and remediated, and consultation is shaping options to replace it with a mix of social and affordable housing, with a community housing provider expected to be identified to deliver later construction. Whether The Narrows suits you depends on whether a quiet coastal setting with easy waterfront access and straightforward urban connections is what you want.

Question 2

Is it expensive to live in The Narrows?

Accepted Answer

Unit rent in The Narrows is about $600 a week. Against a typical local household income of $1,577 a week at the last Census, that rent would take roughly 38% of a household's weekly income, which is a sizeable share. If you are renting rather than buying, that unit rent is the figure that matters when judging how expensive it is to live here.

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 Narrows a good place to invest?

Accepted Answer

There haven't been enough recent sales in The Narrows (NT 0820) to publish reliable figures on how house or unit prices and rents changed over the past year. Without that, there isn't a clear picture of how it has performed as an investment lately.

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	1	5
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	$600
Change in rent Past 12 months	N/A	N/A

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