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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 $440,000 and this has changed -5.79% over the past year and changed 0.45% over 2 years.

The median rent in The Gap for houses is $500 per week and the median rental yield is 5.90%. Stock on the market for houses/townhouses has changed 166.67% compared to last year and the average time to sell a house/townhouse is 150 days.The median listing price for units is $335,000 and this has changed -1.33% over the past year. The average unit takes 231 days to sell and the median rent for a unit in The Gap is $350 per week, producing a rental yield of 5.43%.

Supply & Demand in The Gap, Alice Springs

1.31%

Current vacancy rate


15

Rental stock available


1,712

Population


43.33%

Rental population


1.00%

Current vacancy rate


125

Rental stock available


24,756

Population


33.08%

Rental population


1.12%

Current vacancy rate


1,151

Rental stock available


228,837

Population


38.00%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for The Gap, Alice Springs

  House Townhouses Units
Median listing price $440,000 NA $335,000
Median price change - last quarter -1.02% NA -6.95%
Median price change - 1 year -5.79% NA -1.33%
Median price change - 2 years 0.45% NA 1.82%
  House Townhouses Units
Median weekly rent $500 NA $350
Median yield % 5.90% NA 5.43%
Median rent change - 1 year 0.00% NA -7.90%
  House Units
Previous month sales 0 3
Stock on market previous month 16 13
Stock variance vs. last year 166.67% 18.18%
Average days on market 150 231

The Gap investment property listings

Showing 5 of 20 investment properties found in The Gap on realestateinvestar.com.au

16 Ballingall St, The Gap

$485,000

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Room to Move!

The home is nestled amongst some large shady trees on a vast 980m2 fully fenced block in a quiet neighbourhood. Enter the open-plan lounge dining and kitchen with freshly painted walls, plantation shutters and painted concrete floors. This area provides ample space for family dinners or social ...

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House

NT 0870


19/3 Gap Rd, The Gap

$270,000

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2 bedrooms plus 2 bathrooms!!

This 2 level unit is conveniently located close to the hospital and many other amenities including the CBD. This is a gated complex, an auto gate is installed for vehicle security. Step into the open plan living space leading to the generous renovated kitchen. Downstairs you have timber look floor ...

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Unit

NT 0870


50 Gap Rd, The Gap

$415,000

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CLOSE TO EVERYTHING!!!

This 3 bedroom, 1 bathroom home is situated on a large block and is a short stroll to town. The combined lounge, family and dining is huge and leads through to a functional kitchen with double stainless steel sink, rangehood and dishwasher. The laundry has plenty of storage space and has direct ...

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House

NT 0870


4/18 Allchurch St, The Gap

$179,000

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Nest or Invest!

Located close to shops, parks and the hospital, this convenient little unit is situated in a complex of six nestled in the middle of the block. It's the perfect investment for so many reasons. - Open plan living area - Gas cooking - Fully Air-conditioned - Bathroom / Laundry Combo - Off street ...

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Unit

NT 0870


13 Telegraph Tce, The Gap

$369,000

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Prime Development Opportunity with Approved Plans

Unlock the potential of this unique development opportunity in a prime location, close to both the hospital and the CBD. Spanning 873m², this property presents an unparalleled chance to capitalise on the current approved plans, valid until September 2024. The existing 3 Bedroom 1 Bathroom house is ...

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NT 0870


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