Alice Springs is the outback heart of Australia, serving as the commercial and administrative centre for Central Australia. It offers affordable housing, high rental yields, and consistent government-sector demand. The stunning surrounding landscapes, indigenous culture, and unique lifestyle attract a diverse population of workers, retirees, and investors. At the current $380k median house price, an 80% loan at 6.25% over 30 years is about $1,872 per month.
| Median house price | $380,000 |
|---|---|
| Median unit price | $235,000 |
| Estimated monthly repayment | $1,872 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 2% |
| Gross rental yield | 7.5% |
| Typical days on market | 65 |
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