SOLD
Sold on 09 Feb 2024 for $308,000

18/3 Gap Road
The Gap NT 0870

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 94m2
Land area: 161m2
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Property Details for 18/3 Gap Rd, The Gap

18/3 Gap Rd, The Gap is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 161m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in The Gap in the last 12 months.

Building Type
Unit
Year Built
1989
Floor Size
94m2
Land Size
161m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 8038/UP 96/075

Last Listing description (June 2015)

The 'River Gums' is a secure complex of 32 units with an electric gate, under cover car parking, convenient location opposite the Alice Springs Hospital, and within walking distance of the CBD.
The unit has an open plan living, kitchen and dining area with a breakfast bar.
is located in its own alcove.

Off the living area is the downstairs bathroom with shower and toilet.
Upstairs there are two spacious bedrooms with built in robes and the master featuring a sizeable ensuite.
The master bedroom also has a balcony with a shade sail to enjoy a meal outdoors with a view.
Currently leased at $420 per week.

Property History for 18/3 Gap Rd, The Gap, NT 0870

A timeline of how this property has performed in the market
Last Sold
$308,000
09 Feb 2024
Listed for Rent
$430/w
23 Oct 2014
  • 09 Feb 2024
    Sold for $308,000
  • 20 Nov 2023
    Sold for $340,000
  • 22 May 2015
    Sold for $265,000
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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 7.11% increase in median value, while Units have seen a 7.26% increase. As at 31 July 2024:

  • The median value for Houses in The Gap is $424,025 while the median value for Units is $284,323.
  • Houses have a median rent of $470 while Units have a median rent of $400.
There are currently 9 properties listed for sale, and 6 properties listed for rent in The gap on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in The gap.

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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.