Alice Springs
NTTier 2Positive
55
Signal score
VS
Palmerston
NTTier 2Positive
48
Signal score

Research only. Not financial advice. Data: Q1 2025 indicative estimates from public sources. Verify independently.

Alice Springs: Tighter Rental Market
2% vs 2.8% vacancy

Both markets have comparable gross yields (6.3% vs 6.0%). Both markets carry similar cashflow positions under current yield and interest rate assumptions. Vacancy conditions favour Alice Springs (2% vs 2.8%), indicating tighter rental demand relative to supply.

Research context only. Not financial advice. Both markets carry distinct risks specific to their location, employment base, and economic profile. Read the individual suburb research pages before drawing conclusions. All policy references reflect proposed changes subject to final legislation.

Metric
Alice Springs
NT · #17
Palmerston
NT · #25
Gross Yield6.3%6.0%
Vacancy Rate2%2.8%
Median Price$490k$510k
Weekly Rent$590/wk$590/wk
Net pre-costs pa+$5,200+$4,160
CashflowPositivePositive
Rent Growth 12m+4%+3.5%
Price Growth 12m+3%+3%
NG DependenceNoneNone
Discovery StatusKnownKnown
Population26k37k
Cycle StageUnknownStarting
Policy Impact◆ NEUTRAL◆ NEUTRAL
Signal Score55 / Tier 248 / Tier 2
Alice Springs

6.3% yield at $490k is clearly cashflow positive. The dominant employer (Pine Gap) is a permanent US-Australian defense facility on a 70+ year lease, making it arguably the most recession-proof employment base in the scan. Federal housing investment is improving stock quality.

Palmerston

Government-backed tenant quality via ADF DHOAS subsidies. Robertson Barracks is a permanent strategic asset. Vacancy driven by ADF rotations not economic weakness.

Alice Springs: Sources

CoreLogic NT Q1 2025 · REINT Alice Springs Q4 2024 · SQM Research · Commonwealth Department of Defense (public Pine Gap briefings) · Housing NT stock condition report 2024

Data vintage: Q1 2025

Palmerston: Sources

CoreLogic NT Q1 2025 · REINT Palmerston/Darwin Q4 2024 · SQM Research · ADF Defence Housing Australia occupancy data 2024 · NT Government Greater Darwin Region Land Use Objectives 2024

Data vintage: Q1 2025

The interactive tool lets you add up to 4 suburbs for a full side-by-side breakdown with score components.

Research only. Not financial advice. Data vintage Q1 2025 (indicative estimates from public sources). Verify all metrics independently with local property managers and licensed advisers before making any investment decision. All negative gearing and budget policy references reflect proposed changes subject to final legislation. Consult a registered tax adviser for personal tax position.