OFF MARKET

24 Willshire Street
The Gap NT 0870

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 136m2
Land area: 921m2
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Property Details for 24 Willshire St, The Gap

24 Willshire St, The Gap is a 3 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 921m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in February 2004.

Building Type
House
Year Built
1960
Floor Size
136m2
Land Size
921m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 1701/A 000214

Last Listing description (June 2024)

The Feel:
Snap up this rare block zoned for further accommodation. Only a stone's throw to the sporting hub of Alice and a short walk to the hospital, this property provides an opportunity to acquire a block zoned for more dwellings whilst being able to reside in a three-bedroom extended residence.

The Facts:

- Zoned MR (Medium Density)
- Area measuring 924 sqm
- Existing three bed house
- Large bathroom and laundry
- Huge kitchen and rear entertaining area
- Flat allotment
- Well-fenced all sides
- Positioned in a fantastic central location
- Short distance to cafes, ovals, hospital
- Friendly neighbourhood
- Front house leased $500 per week approx
- Ideal special project
- Sewerage easement at rear
- Council rates $2106 2023/2024

This property delivers to the new owner a great investment in property development in the central precinct of Alice Springs.

Property History for 24 Willshire St, The Gap, NT 0870

A timeline of how this property has performed in the market
Last Sold
$245,000
09 Feb 2004
Listed for Rent
$550/w
07 Nov 2023
  • 14 Sep 2023
    Listed for Rent $550 / week
  • 27 Apr 2023
    Listed for Sale $440,000
  • 14 Mar 2023
    Listed for Rent $495 / 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 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, 45 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.