Price Street in Parap was named after Mr Edward W. Price, Magistrate and Commissioner Circuit Court of the Northern Territory from 1873 to 1876 and Government Resident of the Northern Territory from 1876 to 1883. Mr Price lost his wife and six children on the ill-fated SS Gothenburg, which sank off the north Queensland coast, after hitting the Great Barrier Reef on 24 February 1875. The Parap Village Market is one of Darwin's longest running markets, and is considered by many as the ideal meeting place to meet or to have breakfast or light meals. This multi-cultural market place is well known for its diverse food styles, arts and crafts and its busy but relaxed atmosphere. Parap Markets encourage local arts and craftspeople. Situated in the Parap Village Shopping Precinct off Parap Road, the market operates every Saturday of the year between 8am - 2pm. Parking has recently increased and a car park on Parap Road is available for a gold coin donation. Toilet facilities are available.