Located in Northern Territory within the Alice Springs local government area, East Side is a smaller suburb (postcode 0870). The area has roughly 3,098 residents and a blend of families and working-age professionals, with a median age of 34. Households earn a median income of $116K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.3% year-on-year at the LGA level. NT employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NT also had 4 Commonwealth-backed major projects under construction, 3 underway, and 5 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, community & personal service, managers. Employment in the area leans toward healthcare and public admin & safety. The top ancestries reported are English, Australian, Aboriginal Australian.
Median house prices in East Side stand at $500,000, having dropped significantly by 8.3% over the last twelve months. 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.
On the investment side, East Side shows a gross rental yield of approximately 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. Population growth of +1.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.