SOLD
Sold on 09 May 2024 for $157,000

30/50 South Terrace
The Gap NT 0870

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 110m2
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Property Details for 30/50 South Tce, The Gap

30/50 South Tce, The Gap is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 110m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in The Gap in the last 12 months.

Building Type
Unit
Land Size
110m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 3786/UP 95/074

Last Listing description (May 2024)

Low cost start up unit. Simple living for the busy person who no longer wants ongoing rental costs.

Features:
Set behind complex gates

1 bedroom with direct access to bathroom
Built in robes
Open plan living with combined kitchen
Kitchen with gas cooking
Combination of carpet and tiles throughout
Paved private courtyard
Single carport close to unit
Split system air-conditioning throughout

Rental potential $350 per week

Body Corporate:
Admin Fund: $654.50 per quarter
Sinking Fund: $56.75 per quarter

Council Rates: $1949.05 per annum

Contact Gloria today on 0459 932 370

Property History for 30/50 South Tce, The Gap, NT 0870

A timeline of how this property has performed in the market
Last Sold
$157,000
09 May 2024
Listed for Rent
$295/w
04 Jan 2018
  • 09 May 2024
    Sold for $157,000
  • 25 Jan 2024
    Listed for Sale $165,000
  • 04 Dec 2017
    Listed for Rent $295 / 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 970 properties. Over the last 5 years, Houses in The Gap have seen a 8.37% increase in median value, while Units have seen a -6.64% decrease. As at 30 November 2024:

  • The median value for Houses in The Gap is $398,254 while the median value for Units is $252,981.
  • Houses have a median rent of $485 while Units have a median rent of $415.
There are currently 8 properties listed for sale, and 3 properties listed for rent in The gap on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in The gap.

Suburb Insights for The Gap 0870

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Alice Springs Realty
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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.