Mount Johns (postcode 0874) is a small community in Northern Territory within the Alice Springs local government area. With a population of 541, the suburb has a mix of families and early-career residents with a median age of 35. Households earn a median income of $118K per year, with an average household size of 2.2 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 public admin & safety and healthcare. The top ancestries reported are English, Australian, German.
Median house prices in Mount Johns stand at $685,000, having moved lower by 4.9% over the last twelve months. Units have a median price of $337,000 (-16.6% YoY). The median weekly rent is $345 (Census 2021). This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,167.
On the investment side, The gross rental yield works out to roughly 2.6%, which reads as low yield. Property prices are near the state median ($685K/$711K). The price-to-income ratio of 5.8x is considered affordable. House prices have moved -4.9% 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.