5/20 Leichhardt TerraceAlice Springs NT 0870
Property Details for 5/20 Leichhardt Tce, Alice Springs
5/20 Leichhardt Tce, Alice Springs is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 68m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 1 bedroom Unit sold in Alice Springs in the last 12 months.
Last Listing description (April 2026)
Excellent investment opportunity to start your property portfolio or strengthen an existing one. This well-presented 1-bedroom ground floor unit is currently rented at $350 per week on a long-term lease expiring in March 2027, providing immediate and secure rental income.
The unit offers spacious open plan living with a practical and functional layout, making it comfortable and easy to maintain. Positioned within a popular and tightly held complex on the edge of the CBD, the property is within easy walking distance to the Alice Springs Hospital, sporting facilities, and a wide range of cafes, restaurants, and lifestyle amenities.
Demand in this complex is extremely strong, with vacancy rates currently at zero, highlighting the ongoing rental appeal of the location. The complex is fully gated with electric gates, offering added security and peace of mind for residents. With a strong gross return of approximately 8.08 percent, low maintenance living, and a long lease already in place, this property represents an excellent opportunity in a high demand area.
Call Ianne today to arrange an inspection on 0407 864 656.
Rent: $350 per week
Gross ROI: 8.08%
Lease Expiry: 11.3.2027
Body Corp Fees: $1092 per quarter
Council Rates: $2136.56 per annum
Area: 68 sq metres
Property History for 5/20 Leichhardt Tce, Alice Springs, NT 0870
- 13 Apr 2026Sold for $210,000
- 31 Oct 2025Listed for Sale Must Sell $225,000
- 24 Apr 2023Listed for Sale $230,000
Recent sales nearby
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0About Alice Springs 0870
The size of Alice Springs is approximately 1.3 square kilometres. It has 5 parks covering nearly 14.6% of total area. The population of Alice Springs in 2016 was 300 people. By 2021 the population was 231 showing a population decline of 23.0% in the area during that time. The predominant age group in Alice Springs is 30-39 years. Households in Alice Springs are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Alice Springs work in a managers occupation.In 2021, 22.90% of the homes in Alice Springs were owner-occupied compared with 14.70% in 2016.
Alice Springs has 752 properties. Over the last 5 years, Houses in Alice Springs have seen a -4.03% decrease in median value, while Units have seen a -23.69% decrease. As at 30 April 2026:
- The median value for Houses in Alice Springs is $437,188 while the median value for Units is $236,427.
- Units have a median rent of $380.
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