Located in Northern Territory within the Alice Springs local government area, Larapinta is a smaller residential area (postcode 0875). It is home to about 2,368 residents, with a mix of families and early-career residents and a median age of 33. Households earn a median income of $108K per year, with an average household size of 2.7 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 +3.3% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NT also had 4 Commonwealth-backed major projects under construction, 3 underway, and 4 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, community & personal service, clerical & administrative. Employment in the area leans toward healthcare and public admin & safety. The top ancestries reported are Aboriginal Australian, Australian, English.
Median house prices in Larapinta stand at $440,000, having fallen sharply by 14.5% over the last twelve months. Units have a median price of $309,000 (-8.3% YoY). The median weekly rent is $350 (Census 2021). This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,733.
Public transport access includes 7 bus stops.
On the investment side, Larapinta shows a gross rental yield of approximately 4.1%, rated as moderate yield. Property prices sit below the state median ($440K/$750K), which can point to relative value. The price-to-income ratio of 4.1x is considered affordable. House prices have moved -14.5% 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.