OFF MARKET

29/50 South Terrace
The Gap NT 0870

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 46m2
Land area: 110m2
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Property Details for 29/50 South Tce, The Gap

29/50 South Tce, The Gap is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 110m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in October 2016.

Building Type
Unit
Year Built
1975
Floor Size
46m2
Land Size
110m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 3786/A 000649

Last Listing description (November 2016)

This very attractive one bedroom unit is positioned at the front of the complex with views to the ranges and the river. Located in a popular, secure, gated complex with extensive paving, shady trees, undercover parking and lush garden surrounds, this unit is ready to move into and offers a low maintenance lifestyle and easy living.
There is an open plan living/dining area which has an outlook to shady gardens at the front and the bedroom features a built-in robe. At the rear of the unit is a small paved court yard and there is covered parking close by.
The main bathroom is attractive and features a shower and vanity and the toilet is adjacent. There are quality carpets, and fresh modern d cor throughout.

Smart buying for both the first home buyer and astute investor.

Property History for 29/50 South Tce, The Gap, NT 0870

A timeline of how this property has performed in the market
Last Sold
$185,000
11 Oct 2016
Listed for Rent
$265/w
05 Jul 2016
  • 11 Oct 2016
    Sold for $185,000
  • 20 Jul 2016
    Listed for Sale $193,000
  • 26 Jan 2016
    Listed for Rent $265 / 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 952 properties. Over the last 5 years, Houses in The Gap have seen a 7.55% increase in median value, while Units have seen a -3.61% decrease. As at 31 October 2024:

  • The median value for Houses in The Gap is $414,456 while the median value for Units is $263,225.
  • Houses have a median rent of $490 while Units have a median rent of $430.
There are currently 8 properties listed for sale, and 3 properties listed for rent in The gap on OnTheHouse. According to CoreLogic's data, 41 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.