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Investment Property Desert Springs, NT, 0870

Suburb Snapshot

Desert Springs is a suburb in the Alice Springs Region of Northern Territory. Desert Springs has a population of 1,477 people and 37.58% of its occupants live in rental accommodation. The median listing price for houses is $750,000 and this has changed -4.71% over the past year and changed -10.72% over 2 years.

The median rent in Desert Springs for houses is $850 per week and the median rental yield is 5.89%. Stock on the market for houses/townhouses has changed 23.08% compared to last year and the average time to sell a house/townhouse is 175 days.The median listing price for units is $379,000 and this has changed NA over the past year. The average unit takes 96 days to sell and the median rent for a unit in Desert Springs is NA per week, producing a rental yield of NA.

Supply & Demand in Desert Springs, Alice Springs

0.47%

Current vacancy rate


3

Rental stock available


1,477

Population


37.58%

Rental population


0.44%

Current vacancy rate


56

Rental stock available


24,756

Population


33.08%

Rental population


0.71%

Current vacancy rate


735

Rental stock available


228,837

Population


38.00%

Rental population


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Statistical data for Desert Springs, Alice Springs

  House Townhouses Units
Median listing price $750,000 NA $379,000
Median price change - last quarter 0.00% NA NA
Median price change - 1 year -4.71% NA NA
Median price change - 2 years -10.72% NA NA
  House Townhouses Units
Median weekly rent $850 NA NA
Median yield % 5.89% NA NA
Median rent change - 1 year 4.93% NA NA
  House Units
Previous month sales 3 0
Stock on market previous month 16 6
Stock variance vs. last year 23.08% 0.00%
Average days on market 175 96

Desert Springs investment property listings

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