Located in Northern Territory within the Alice Springs local government area, Ross is a small locality (postcode 0873). With a population of 806, the suburb has a settled mid-life population with a median age of 39. Households earn a median income of $98K per year, with an average household size of 2.3 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, technicians & trades, community & personal service. Employment in the area leans toward healthcare and public admin & safety. The top ancestries reported are English, Australian, Irish.
Ross has a median house price of $768,000, which has grown strongly by 5.9% year-on-year. The median weekly rent is $300 (Census 2021). This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,167.
Ross is served by 1 school, including 1 combined. The average ICSEA score is 1085, which is above the national average of 1,000. Public transport access includes 2 bus stops.
On the investment side, Gross rental yield sits at around 2.0% (low yield). Property prices are near the state median ($768K/$711K). The price-to-income ratio of 7.8x is considered moderate. House prices have moved +5.9% 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.