The Narrows 0820
Market analysis for investment properties in The Narrows
Median Price
$635,000
Trend:Decelerating
-10.1%
Median Rent
$705/pw
Trend:Steady
+0.7%
Rental Yield
5.77%
Trend:Accelerating
+12.0%
Median DoM
Not enough data
Trend:Not available
Market Analysis
Why investors are watching The Narrows right now.
The Narrows offers residents proximity to various shopping options, including the Casuarina Square Shopping Centre, which is a large regional shopping hub in the Northern Territory, housing a wide range of stores, restaurants, and entertainment venues.
The suburb is home to several reputable primary and secondary schools such as Wagaman Primary School and Dripstone Middle School, providing residents with options for quality education within the local vicinity.
For transportation to the nearest CBD in Darwin, residents of The Narrows can access bus services along Trower Road and Vanderlin Drive, connecting them to the heart of Darwin's CBD. This provides convenient commuting options for those working in the city.
Surrounding greenery in The Narrows includes the Leanyer Recreation Park, offering residents vast green spaces, BBQ areas, and recreational facilities perfect for outdoor activities and relaxation. Additionally, the nearby Leanyer Swamp provides natural wetland habitat rich in biodiversity.
The suburb's proximity to the Jingili Water Gardens also offers another green oasis for residents to enjoy, attracting wildlife and providing a serene environment for leisurely walks or picnics amidst lush surroundings.
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Capital Growth
Historical Performance
Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.
Market Vitals
Market Dynamics
Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.
Unlock Market Vitals
See live suburb and LGA market signals.
The Ripple Effect
Explore Nearby Opportunities
Investors analyzing The Narrows often compare these adjacent markets for better entry points or higher yields.
Strategy by LighthousePA
Where will The Narrows be in 2026?
Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on The Narrows, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.
- Wealth Planning
- Ownership Structuring
- Buyers Advocacy
- Property Negotiation
Investment Insights & FAQ
Frequently asked questions about the The Narrows property market in 2026.
As of March 2026, the The Narrows property market presents a stable investment landscape. Over the last 12 months, houses have seen an annual growth rate of -10.12% and units have grown by 25.87%. These figures reflect the evolving demand within Darwin, offering potential for long-term value preservation.
Based on the latest market snapshot, median property prices in The Narrows range from $635,000 for houses to $450,000 for units. These values are calculated based on recent transaction data and current buyer activity across the Darwin region.
For investors targeting cash flow, houses rent for $705 /pw with a 5.77% yield, while units rent for $610 /pw with a 7.05% yield. This rental performance is a key indicator of strong tenant demand within the The Narrows area.
Market Insights Last Updated: March 2026