27/50 South Tce, The Gap is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 101m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom Unit sold in The Gap in the last 12 months.
Attention Investors
Situated in this gated complex with the MacDonnell Ranges right at your front doorstep is this neatly presented one bedroom, one bathroom unit. Step inside into the open plan living area with carpet, vertical blinds and evaporative air conditioning throughout. The kitchen offers a gas cook top with a full size oven, range hood and good sized bench and cupboard space. The bedroom features built in wardrobes, carpet, vertical blinds and access to a bathroom with vanity, shower, toilet and laundry inclusive. The colour schemes throughout are generally neutral and appealing to all types of buyers, and there is potential to add value to the unit also. There is a paved courtyard with access to the common shared BBQ area and plenty of shady lawn areas. The property is currently leased until early 2014 and would also be a great Christmas Present for a First Home Buyer to move into!
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 951 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:
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