East Side, NT 0870: Suburb Profile & Property Report

Market Report

House report
Unit Report

East Side has 47 houses available for sale. The median property price for a house is currently $597,500 with annual capital growth of -0.42% . There were 28 house sales in the past 12 months. On average, houses spend 78 days on market.

If you're thinking about buying an investment property in East Side, consider that rental yields for houses are currently 6.82% with an average median rent of $550 weekly. Houses have seen 16.25% growth in the past quarter, and -0.42% growth in the past 12 months.

The size of East Side is approximately 4 square kilometres. It has 11 parks covering nearly 10% of total area. The population of East Side in 2011 was 2,980 people. By 2016 the population was 2,916 showing a population decline of 2.1% in the area during that time. The predominant age group in East Side is 30-39 years.

Households in East Side are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Side work in a professional occupation. In 2011, 55.1% of the homes in East Side were owner-occupied compared with 54% in 2016.

East Side has 25 units available for sale. The median property price for a unit is currently $329,000 with annual capital growth of -7.26% . There were 11 unit sales in the past 12 months. On average, units spend 130 days on market.

If you're thinking about buying an investment property in East Side, consider that rental yields for units are currently 7.49% with an average median rent of $385 weekly. Units have seen -4.64% growth in the past quarter, and -7.26% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$597,500	$329,000
Quarterly growth	+16.25%	-4.64%
12-month growth	-0.42%	-7.26%
Average annual growth	+4.05%	+1.20%
Weekly median rent	$550	$385
Gross rental yield	6.82%	7.49%
Number of Sales (12m)	28	11
Avg. Days on Market (12m)	78	130

Jump to Market Trends

Key Demographics	2011	2016
Total population	2,980	2,916
Population change (5y)	-96.46%	-2.10%
Median household income (p/w)	$1,814	$1,995
Household income change (5y)	+58.71%	+9.98%
Median age of persons	35	36

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in East Side is $597,500 for houses and $329,000 for units.

The Median Growth in East Side over the past 12 months is -0.42% for houses and -7.26% for units.

Over the past 12 months there were 28 houses sold and 11 units sold in East Side. On average, houses spent 78 days on market and units spent 130 days on market.

In the past 12 months up to August 2024 there were 28 houses sold and 11 units sold in East Side. On average, houses spent 78 days on market and units spent 130 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in East Side is $550 for houses and $385 for units.

The Rental Yield in East Side is 6.82% for houses and 7.49% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of East Side was 2,916 in 2016, a -2.10% change compared to 2011.

The predominant age group in East Side is 30-39 years.

The population of East Side was 2,916 in 2016, a -2.10% change compared to 2011.

The predominant age group in East Side is 50-59 years.

Most of the population in East Side were born in Australia.

Most of the population in East Side report their religion as No Religion.

Most of the population in East Side report their income range as between $78,000 and $130,000 .

The median household income in East Side was $1,995 in 2016, a +9.98% change compared to 2011.

Most of the population in East Side report their income range as between $78,000 and $130,000 .

The median household income in East Side was $1,814 in 2011, a +58.71% change compared to 2006.

Most of the population in East Side work as Professional.

The chart below demonstrates the various levels of education in East Side.

Most of the population in East Side reached a qualification level of Bachelor.

2011 2016

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