NT Excerpt from the 2020 August Market report

23 Sep 2020

Will Johnson, Northern Territory local expert at Herron Todd White, said roughly 53% of homes in Alice Springs are rental homes owned by investors, surpassing the Australia-wide figure of 30.9%.

"Many of these properties are tightly held given the good rental returns and lack of incentive to sell, taking into consideration the recent history of minimal or negative capital gains," he said.

The high share of investment property in Alice Springs could reflect its transient population, who prefer the flexibility of renting. The typical investor profile in Alice Springs is a single or couple who either currently live in the town or have, at some stage, lived in Central Australia.

However, Johnson said the lack of capital gains and the "sheer isolation" of the place could be significant factors why others are reluctant to invest in Alice Springs. While a 6% return is not unusual in Alice Springs, Johnson said the town is not an attractive location for would-be investors who have no connection with the area.

Over the June quarter, sales of detached homes in Alice Springs declined by 11%. Still, it recorded a 3.2% median price growth to $471,500. In terms of unit sales, activity in the market went up by 11.1%. The median value of apartments in Alice Springs rose by 3.2% to $337,500.


Property Type


Median Price

Quarterly Growth

12 month Growth

Weekly Median Advertised Rent

Gross Rental Yield

































Source: CoreLogic, August 2020

Top Suburbs : tiwi , westbrook , coolbellup , nightcliff , kawana


Get help with your investment property

Do you need help finding the right loan for your investment?

When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.

Just fill in a few details below and we'll then arrange for a local mortgage broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus an appointment is free.

How soon would you like a mortgage?
What is your Annual Household Income i $
Do you currently own any Investment Properties?
Do you own your own residence?
How much equity do you have in all your current properties?
First Name
Last Name
Where do you live?
What number can we reach you on?
E-mail address
We value your privacy and treat all your information seriously - you can check out our privacy policy here