OFF MARKET

2/48-50 South Terrace
The Gap NT 0870

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 106m2
Land area: 156m2
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Property Details for 2/48-50 South Tce, The Gap

2/48-50 South Tce, The Gap is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 156m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in December 2010.

Building Type
Unit
Year Built
1976
Floor Size
106m2
Land Size
156m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 3786/UP 95/074

Last Listing description (January 2024)

This 3 bedroom unit is situated in a secure complex on Gap Road. Features include:

- 3 carpeted bedrooms

- Built in wardrobes to 2 bedrooms
- 1 bathroom and separate toilet
- Additional toilet by downstairs laundry
- Evaporative AC and split systems throughout
- Open plan lounge/dining
- Cosy kitchen with gas cooking
- Easy to maintain backyard
- Allocated parking for 1 car
- Gated complex with remote and pedestrian gate access

To book an inspection please visit our website or contact reception at 8650 6333.

Property History for 2/48-50 South Tce, The Gap, NT 0870

A timeline of how this property has performed in the market
Last Sold
$350,000
03 Dec 2010
Listed for Rent
$470/w
12 Jan 2024
  • 12 Jan 2024
    Listed for Rent $470 / week
  • 14 Aug 2023
    Listed for Rent $450 / week
  • 06 May 2022
    Listed for Rent $425 / week
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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 953 properties. Over the last 5 years, Houses in The Gap have seen a -3.28% decrease in median value, while Units have seen a -13.72% decrease. As at 30 September 2024:

  • The median value for Houses in The Gap is $419,251 while the median value for Units is $261,809.
  • Houses have a median rent of $485 while Units have a median rent of $430.
There are currently 6 properties listed for sale, and 3 properties listed for rent in The gap on OnTheHouse. According to CoreLogic's data, 42 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.