15/50 South Terrace

The Gap NT 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 970 properties. Over the last 5 years, Houses in The Gap have seen a 8.37% increase in median value, while Units have seen a -6.64% decrease. As at 30 November 2024:

• The median value for Houses in The Gap is $398,254 while the median value for Units is $252,981.
• Houses have a median rent of $485 while Units have a median rent of $415.