OFF MARKET

12/48-50 South Terrace
The Gap NT 0870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 156m2
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Property Details for 12/48-50 South Tce, The Gap

12/48-50 South Tce, The Gap is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1970. The property has a land size of 156m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in December 2009.

Building Type
Townhouse
Year Built
1970
Floor Size
80m2
Land Size
156m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 3786/UP 95/074

Last Listing description (May 2019)

This beautifully presented and spacious townhouse has now become available for purchase.
Situate within walking distance of the CBD, the Hospital, Sporting facilities, and the Casino, this property is located in the gated Terrace Apartments, with secure remote control access into the complex.
Open plan lounge/dining with lots of natural lighting. Spacious kitchen and gas appliances. Both bedrooms are carpeted with built ins and split system air conditioning throughout.

The bathroom is spacious with a shower and toilet, 2nd toilet located downstairs adjacent to the laundry.
Private shaded courtyard that is paved with built in BBQ
Contact Brian Corcoran today on 0418 897 178 to arrange an inspection

Property History for 12/48-50 South Tce, The Gap, NT 0870

A timeline of how this property has performed in the market
Last Sold
$290,000
04 Dec 2009
  • 08 Aug 2018
    Listed for Sale Offers over $270,000
  • 04 Dec 2009
    Sold for $290,000
  • 03 Feb 2003
    Sold for $119,000
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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 969 properties. Over the last 5 years, Houses in The Gap have seen a -1.63% decrease in median value, while Units have seen a 11.20% increase. As at 31 August 2024:

  • The median value for Houses in The Gap is $424,733 while the median value for Units is $294,685.
  • Houses have a median rent of $470 while Units have a median rent of $400.
There are currently 8 properties listed for sale, and 5 properties listed for rent in The gap on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in The gap.

Suburb Insights for The Gap 0870

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.