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Investment Property The Gap, NT, 0870

Suburb Snapshot

The Gap is a suburb in the Alice Springs Region of Northern Territory. The Gap has a population of 1,712 people and 43.33% of its occupants live in rental accommodation. The median listing price for houses is $394,000 and this has changed -10.46% over the past year and changed -15.64% over 2 years.

The median rent in The Gap for houses is NA per week and the median rental yield is NA. Stock on the market for houses/townhouses has changed -31.25% compared to last year and the average time to sell a house/townhouse is 239 days.The median listing price for units is $264,000 and this has changed -21.20% over the past year. The average unit takes 127 days to sell and the median rent for a unit in The Gap is $390 per week, producing a rental yield of 7.68%.

Supply & Demand in The Gap, Alice Springs

0.34%

Current vacancy rate


4

Rental stock available


1,712

Population


43.33%

Rental population


0.44%

Current vacancy rate


56

Rental stock available


24,756

Population


33.08%

Rental population


0.71%

Current vacancy rate


735

Rental stock available


228,837

Population


38.00%

Rental population


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Statistical data for The Gap, Alice Springs

  House Townhouses Units
Median listing price $394,000 NA $264,000
Median price change - last quarter -7.30% NA 1.93%
Median price change - 1 year -10.46% NA -21.20%
Median price change - 2 years -15.64% NA -22.24%
  House Townhouses Units
Median weekly rent NA NA $390
Median yield % NA NA 7.68%
Median rent change - 1 year NA NA 11.42%
  House Units
Previous month sales 2 5
Stock on market previous month 11 12
Stock variance vs. last year -31.25% -7.69%
Average days on market 239 127

The Gap investment property listings

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