Desert Springs

POSTAL CODE: NT, 870
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a -3.82% capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $730,000

The augmented property values in the suburb are trailing behind the territorial average of 7.38% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $1050.

Home owners selling their properties and realtors in DESERT SPRINGS usually have to wait an average of 101.8 days days before their assets are lifted off the market.

The NT suburb ranks 3rd on the list of best yielding suburbs for rental properties in NT, posting a 7.48% return.

It also places places 40th in Australia based on median property value growth during the quarter.

Surburb overview

"Desert Springs is an upscale and vibrant suburb located in the heart of Alice Springs, Northern Territory, offering a blend of luxury living and natural beauty.

It is conveniently situated right on the doorstep of Alice Springs’ central business district (CBD), providing residents with easy access to the city’s amenities and services. This prime location makes it a desirable choice for those seeking a luxurious lifestyle close to the city centre.

Desert Springs is home to a relatively small but affluent community, with around 1,500 residents. The suburb attracts a mix of professionals, executives and retirees, creating an exclusive and cosmopolitan atmosphere.

While Desert Springs is primarily a residential and resort area, it benefits from efficient public transportation links connecting it to Alice Springs’ CBD and surrounding suburbs. This makes commuting and exploring the city a breeze.

Desert Springs boasts a range of high-end amenities. The acclaimed Yipirinya School provides quality education for local children, and the nearby Lasseters Hotel and Casino offers entertainment, dining and recreational options. The Alice Plaza Shopping Centre is just a short distance away, providing a variety of retail stores and services.

The suburb has numerous recreational opportunities. The Alice Springs Golf Club, with its lush greens, is a popular destination for golf enthusiasts. The iconic Alice Springs Desert Park is also nearby, offering immersive experiences of the region’s unique flora and fauna. Residents can explore the picturesque Olive Pink Botanic Garden for leisurely walks and cultural appreciation.

Desert Springs offers a luxurious and cosmopolitan lifestyle with easy access to essential amenities and natural beauty. Its exclusive community, educational options and proximity to the CBD make it an attractive choice for individuals and families seeking a premium and well-connected place to call home in the territory. "

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