Araluen

POSTAL CODE: NT, 870

HOUSE

UNIT

Property investments in ARALUEN did not fare well against the rest of the country last year, registering a median home price decrease of 13.89%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are high, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains ARALUEN, 870 saw average growth in the long term.

Real estate investors could earn a rental income of $710 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 145 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $602,500.

ARALUEN ranks 13th on the list of best yielding suburbs for rental properties in NT, posting a 6.13% return.

Based on its average 5-year and quarterly capital gains ARALUEN, 870 saw average decrease in the long term.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Profits due to an downward trend in home prices in ARALUEN, 870 averaged -4.89% per annum over a 3-year period.

Average weekly rents on listings have reached the $472.5 mark, reflecting a 7.68% increase in returns based on the current median price in ARALUEN.

An average of 1.17 real estate transactions take place per month in ARALUEN which translates to 14 per annum.

14 properties were sold in ARALUEN during the past year, making it the 30th most active market in NT based on total real estate transactions.

ARALUEN, 870 places 27th in Australia based on median property value growth during the quarter.

Surburb overview

"Araluen is a picturesque suburb located in the heart of the Northern Territory and part of the Alice Springs Town Council area, offering a unique blend of natural beauty and urban convenience to its residents.

Araluen is situated approximately 4 kilometres east of Alice Springs’ central business district (CBD). This prime location provides a peaceful suburban lifestyle while keeping essential amenities within easy reach.

Araluen is home to a diverse and close-knit community of around 2,500 residents. The suburb attracts a mix of families, retirees and professionals, creating a harmonious and welcoming atmosphere.

While Araluen is primarily a residential suburb, it benefits from efficient public transportation links connecting it to Alice Springs’ CBD and neighbouring areas. This makes commuting to work or exploring the city hassle-free.

Araluen is well-equipped with essential amenities. Residents have access to quality education through nearby institutions like Araluen Christian College and Bradshaw Primary School. Additionally, the Alice Springs Desert Park and Todd Mall provide shopping, dining and cultural experiences just a short drive away.

Nature enthusiasts in Araluen can explore the breathtaking Alice Springs Desert Park, which offers an immersive experience of the region’s unique flora and fauna. Residents can also enjoy the nearby Alice Springs Golf Club for leisurely rounds of golf, and the MacDonnell Ranges provide opportunities for hiking and outdoor adventures.

Araluen presents a balanced lifestyle, combining the tranquillity of a suburban setting with convenient access to the amenities and natural beauty that Alice Springs has to offer. Its diverse community, educational facilities and proximity to the CBD make it an attractive choice for those seeking a serene yet connected place to call home in the territory. "

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Smart Property Investment. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Loading form...

Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$602,500	$320,000
Growth Report
Median Quarterly	6.92%	-1.54%
Median 12 month	13.89%	-14.38%
Median 3 years	8.56%	-14.67%
Median 5 years	20.5%	-11.11%
10 years average annual	2.35%	-1.09%
Weekly media advert. rent	$710	$473
Time on Market	145 days	124.5 days
Gross Rental Yield Percent	6.13%	7.68%

Demographics (Median Values)*

Total Population n.a.

Weekly Household Income n.a.

Household Size n.a.

Average Age n.a.

Monthly Loan Repayment n.a.

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

Select a category

Age group

Top 10 Birth Countries

Dwelling Structures

Education

Household Income

Labour Force

Marital Status

Occupation

Religious Affiliation

Tenure Type