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Investment Property East Side, NT, 0870

Suburb Snapshot

East Side is a suburb in the Alice Springs Region of Northern Territory. East Side has a population of 2,921 people and 34.06% of its occupants live in rental accommodation. The median listing price for houses is $599,500 and this has changed -7.77% over the past year and changed -4.85% over 2 years.

The median rent in East Side for houses is $570 per week and the median rental yield is 4.94%. Stock on the market for houses/townhouses has changed 42.11% compared to last year and the average time to sell a house/townhouse is 173 days.The median listing price for units is $365,000 and this has changed 0.68% over the past year. The average unit takes 121 days to sell and the median rent for a unit in East Side is $380 per week, producing a rental yield of 5.41%.

Supply & Demand in East Side, Alice Springs

0.29%

Current vacancy rate


4

Rental stock available


2,921

Population


34.06%

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 East Side, Alice Springs

  House Townhouses Units
Median listing price $599,500 NA $365,000
Median price change - last quarter -3.16% NA 0.68%
Median price change - 1 year -7.77% NA 0.68%
Median price change - 2 years -4.85% NA 5.79%
  House Townhouses Units
Median weekly rent $570 NA $380
Median yield % 4.94% NA 5.41%
Median rent change - 1 year -0.87% NA 0.00%
  House Units
Previous month sales 4 3
Stock on market previous month 27 13
Stock variance vs. last year 42.11% 44.44%
Average days on market 173 121

East Side investment property listings

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