Ross NT

Postcode 0873 · Alice Springs LGA

Ross is a small community in Northern Territory within the Alice Springs local government area (postcode 0873). With a population of 806, the suburb has an established demographic with a median age of 39. Households earn a median income of $98K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.

The median house price in Ross is $768,000, having grown strongly 5.9% over the past 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.

From an investment perspective, Ross offers a gross rental yield of 2.0%, rated as 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.

INVESTMENT SIGNALS
Rental Yield2.0% Low Yield
Price vs State$768K/$711K Near Median
Affordability7.8x Moderate
Price Momentum+5.9% Rising
INCOME (ATO 2022-23)
Median Income$72,322
Mean Income$82,234
Earners1,444
YoY Change+6.3%
SEIFA INDEX (ABS)
Advantage4/10
Education5/10
Economic3/10
Disadvantage6/10
MEDIAN HOUSE
$768K
5.9% YoY
MEDIAN RENT /WK
$300
POPULATION
806
DEMOGRAPHICS
Median Age39
Household Size2.3
HH Income /wk$1,881
Personal Income /wk$1102
Mortgage /mth$2,167
TRANSPORT
Bus Stops2
SCHOOLS (1)
Avg ICSEA1085
Total Students162
Independent1
Alice Springs Steiner SchoolCombined · Independent · ICSEA 1085
Data: 2024