2 Ballingall StreetThe Gap NT 0870
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Dual Occupancy – Double Income = 9% return
Property Details for 2 Ballingall St, The Gap
2 Ballingall St, The Gap is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 980m2. The place is currently for sale with LJ Hooker Alice Springs.
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About The Gap 0870
The size of The Gap is approximately 1.6 square kilometres. It has 7 parks covering nearly 16.5% of total area. The population of The Gap in 2011 was 1,692 people. By 2016 the population was 1,716 showing a population growth of 1.4% in the area during that time. The predominant age group in The Gap is 30-39 years. Households in The Gap are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in The Gap work in a professional occupation. In 2011, 39.2% of the homes in The Gap were owner-occupied compared with 38% in 2016.
The Gap has 952 properties. Over the last 5 years, Houses in The Gap have seen a 7.55% increase in median value, while Units have seen a -3.61% decrease. As at 31 October 2024:
- The median value for Houses in The Gap is $414,456 while the median value for Units is $263,225.
- Houses have a median rent of $490 while Units have a median rent of $430.
Suburb Insights for The Gap 0870
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