The beginnings of construction for Darwin's newest student accommodation complex will soon commence, helping to make the city more attractive to those pursuing tertiary study. The building will be finished in time for next year's student intake at Charles Darwin University (CDU).
Located at Casuarina Square, the complex is a convenient distance from CDU and other facilities such as bus routes and the Casuarina shopping centre.
Those looking for property in Darwin will be pleased as this accommodation will reduce the strain on rental housing supply in the area.
"This is a fantastic investment in the Territory's education infrastructure that will help attract more students and ease rental pressures in Darwin's northern suburbs," said Chief Minister Adam Giles in a March 11 statement.
The project also shows a commitment by the government to allow for the growth of the city and improve infrastructure for locals and student residents.
Australian Bureau of Statistics figures from May 2013 found over 1 million people were attending a higher education institution, showing a strong demand for university facilities around the country. The introduction of this new student accommodation facility demonstrates the government's investment to expand the economy and provide for younger, knowledge-seeking Australians.
Owners and occupants of real estate in Darwin already know that the region is a great place to live and such projects will put the city on the map for the rest of Australia and even further afield.