OFF MARKET

37/48-50 South Terrace
The Gap NT 0870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 157m2
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Property Details for 37/48-50 South Tce, The Gap

37/48-50 South Tce, The Gap is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 157m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in March 2005.

Building Type
Unit
Year Built
1976
Floor Size
96m2
Land Size
157m2
Local Government
Alice Springs

Last Listing description (March 2024)

This neat and tidy, two bedroom one bathroom unit is in a secure complex close to the casino. This unit has an open plan living area; kitchen has gas cooking and plenty of cupboard space, with split system air conditioning in living area and main bedroom. There is a low maintenance rear courtyard with a small shed. Walking distance to public transport, shops and restaurants. Sorry no pets. Please contact Michael to view this property or go to our website to book a viewing time.

Property History for 37/48-50 South Tce, The Gap, NT 0870

A timeline of how this property has performed in the market
Last Sold
$150,000
08 Mar 2005
Listed for Rent
$360/w
11 Mar 2024
  • 11 Mar 2024
    Listed for Rent $360 / week
  • 01 Aug 2023
    Listed for Rent $350 / week
  • 16 Aug 2022
    Listed for Rent $350 / 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.