East Side is a smaller suburb in Northern Territory within the Alice Springs local government area (postcode 0870). With a population of 3,098, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $116K per year, with an average household size of 2.5 people. The most common occupations are professionals, community & personal service, managers. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in East Side is $500,000, having dropped significantly 8.3% over the past year. Units have a median price of $282,000 (+6.8% YoY). The median weekly rent is $393 (Census 2021). This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,742.
Public transport access includes 9 bus stops.
From an investment perspective, East Side offers a gross rental yield of 4.1%, rated as moderate yield. Property prices are near the state median ($500K/$711K). The price-to-income ratio of 4.3x is considered affordable. House prices have moved -8.3% year-on-year.
East Side is a smaller suburb in Northern Territory within the Alice Springs local government area (postcode 0870). With a population of 3,098, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $116K per year, with an average household size of 2.5 people. The most common occupations are professionals, community & personal service, managers. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in East Side is $500,000, having dropped significantly 8.3% over the past year. Units have a median price of $282,000 (+6.8% YoY). The median weekly rent is $393 (Census 2021). This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,742.
Public transport access includes 9 bus stops.
From an investment perspective, East Side offers a gross rental yield of 4.1%, rated as moderate yield. Property prices are near the state median ($500K/$711K). The price-to-income ratio of 4.3x is considered affordable. House prices have moved -8.3% year-on-year.