 At the , Alice River had a population of 2,143.The estate is also known as Rupertswood, because the estate was named by the developer who was Sir Rupert Clarke, 3rd Baronet of Rupertswood, after his ancestral home "Rupertswood" at Sunbury, Victoria, Australia.However, Alice River was named by one of the Bell & Reid party in 1865 for a lady of his acquaintance.