Larapinta is a central Alice Springs suburb on the southern bank of the Todd River, primarily residential and widely used by health and government workers. Named after the Aboriginal word for the Todd River, it offers affordable housing next to the Alice Springs CBD. At the current $460k median house price, an 80% loan at 6.25% over 30 years is about $2,266 per month.
| Median house price | $460,000 |
|---|---|
| Median unit price | $295,000 |
| Estimated monthly repayment | $2,266 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 4.5% |
| Gross rental yield | 7.5% |
| Typical days on market | 45 |
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