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NT › Darwin City › Gardiner St

U312, 8A Gardiner St, Darwin City, NT, 800

For saleApartment

$2,400,000

For sale

Asking

4

Bedrooms

4

Bathrooms

3

Car spaces

511 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,400,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,400,000(Listing record · 1 June 2026)
  • FactLand 511 m²; no building size recorded.(Property record)
  • CalculationIf it leased at Darwin City's advertised median rent ($450/wk), implied gross yield would be 0.98% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$2,400,000

Asking · $4,697/m² of land

No recorded sale for this property.

Darwin City at a glance

8,597

People

No data

Median sale

$450/wk

Median rent

No data

Suburb gross yield

See the full Darwin City report →

Total cost to purchase

Purchase Price
$2,400,000
Stamp Duty (Northern Territory)
$118,800
Transfer/Registration Fee
$181
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$2,522,681

$122,681 on top of the price (5.1% extra)

  • Stamp Duty (Northern Territory)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Northern Territory schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Darwin City's advertised median rent — not a rent for this listing.

Net yield
-0.53%
Annual cashflow (pre-tax)
$-137,400
Interest cover (DSCR)
-0.10
Annual rent
$23,400
Operating expenses
$36,000
Loan amount
$1,920,000
Annual interest
$124,800
Gross yield
0.97%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$2,400,000available1 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NT

Why this lot, not just this suburb

Why could this property outperform?

NT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry. Listed land size is 511 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $450/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    NT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry. Listed land size is 511 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. This jurisdiction has no comparable official bond series in the free set.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Darwin City in one glance

Darwin City at a glance

8,597

People

No data

Median sale

$450/wk

Median rent

No data

Suburb gross yield

See the full Darwin City report →

Keep researching

  • Why Darwin City? Read the area thesis →
  • What else is on the market in Darwin City →
  • Other records on Gardiner St →

Listing material

Listed by Raine & Horne Darwin

Where the Harbour Meets the Horizon

Commanding one of the highest residential positions in the Northern Territory, this extraordinary sky residence offers a level of luxury, space and exclusivity rarely seen in the Darwin market.

Occupying the coveted 31st floor of the iconic Evolution building, this remarkable residence boasts an incredible 511m² on title, placing it amongst the largest and most prestigious apartments ever offered for sale in the Territory.

From sunrise over Frances Bay to spectacular sunsets across the Arafura Sea, the panoramic outlook is simply breathtaking. Sweeping views encompass Darwin Harbour, the CBD skyline, East Point, Frances Bay, the Marina precinct and beyond. During the Wet Season, enjoy a front-row seat to nature's greatest theatre as dramatic thunderstorms roll across the harbour and lightning illuminates the tropical sky from the comfort of your own private sanctuary.

Read the full description

Designed for those who demand space without compromise, the residence offers four oversized bedrooms, each complete with its own private ensuite. The magnificent primary suite is a true retreat, featuring extensive built-in robes, luxurious ensuite facilities and direct balcony access to capture the stunning harbour vistas.

Bedrooms two and three each enjoy their own private balconies, while the primary suite and fourth bedroom open directly onto the expansive wrap-around terrace that frames the residence and maximises the incredible views from every angle.

At the heart of the home are two substantial and completely separate living zones, providing exceptional flexibility for both everyday living and large-scale entertaining. The gourmet kitchen is perfectly positioned to overlook one of the living areas and is equipped with quality appliances and extensive bench space, making it ideal for the passionate home chef.

The second living and entertaining zone is truly exceptional. Large enough to host family celebrations, milestone occasions or corporate gatherings, it is complemented by a fully equipped wet bar featuring a built-in refrigerator, wine fridge and dishwasher, ensuring effortless entertaining on any scale.

Property Features:

• Prestigious 31st-floor position within Darwin's landmark Evolution complex

• Massive 511m² on title

• Four oversized bedrooms, each with private ensuite

• Dedicated study/home office

• Extensive primary suite with substantial built-in robes

• Private balconies to bedrooms two and three

• Huge wrap-around balcony with spectacular water and city views

• Two separate living and entertaining areas

• Designer kitchen with quality appliances

• Fully equipped wet bar with dishwasher, built-in fridge and wine fridge

• Three secure car parks

• Dedicated storeroom

Evolution Resort Facilities:

Widely regarded as one of Darwin's premier residential addresses, Evolution delivers a five-star lifestyle with outstanding resident facilities including:

• Three high-speed lifts

• Resort-style swimming pool

• Dedicated lap pool

• In-water seating and relaxation areas

• Fully equipped gymnasium

• Landscaped BBQ and entertaining areas

• Conference room

• Separate games room

• Secure access and premium resident amenities

Properties of this calibre are exceptionally rare. Combining penthouse-style proportions, world-class views and one of Darwin's most sought-after residential addresses, this is a residence that stands alone in the Northern Territory marketplace.

Experience the ultimate blend of luxury, lifestyle and location from one of Darwin's most spectacular vantage points.

Year Built: 2008

Size on Title: 511m2

Council Rates: $1758 p/a

Body Corp Manager: Elite Strata

Body Corp Fees: $5,324 p/q (Sinking fund Included)

Listing description written by Tim Mackenzie, Raine & Horne Darwin — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 4
  • Toilets: 5
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.