Larapinta, NORTHERN-TERRITORY Real Estate & Suburb Profile
Comprehensive property market insights and live data for Larapinta.
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Property Market Snapshot & Data for Larapinta
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About Larapinta Real Estate
Larapinta is an outer suburb of the town of Alice Springs, in the Northern Territory, Australia. It is on the western side of Alice Springs, on the traditional Country of the Arrernte people.
The name of the suburb derives from the Arrernte name for the Finke River, Lhere Apirnte, meaning "salty creek".
Property Investment Potential
When analyzing the local real estate landscape, Larapinta presents a dynamic opportunity. With median property prices sitting around $2,090,000 and delivering an average rental yield of 1.9%, the area caters nicely to both owner-occupiers and savvy investors. Properties typically spend an average of 57 days on the market, underscoring the consistent demand in this part of Northern Territory. For accurate financial planning, check out our investment calculators to estimate your potential returns.
Local Demographics & Lifestyle in Larapinta
Frequently Asked Questions about Larapinta Real Estate
What is the median house price in Larapinta?
The median house price in Larapinta, Northern Territory is currently estimated at $2,090,000.
Is Larapinta a good place to invest?
With a capital growth of 5.7% over the last 12 months and an average rental yield of 1.9%, Larapinta presents a solid opportunity for property investors.
What is the postcode for Larapinta?
The postcode for Larapinta in Northern Territory is 0875.