OFF MARKET

39/50 South Terrace
The Gap NT 0870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 157m2
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Property Details for 39/50 South Tce, The Gap

39/50 South Tce, The Gap is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 157m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in January 2017.

Building Type
Unit
Year Built
1985
Floor Size
80m2
Land Size
157m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 3786/UP 95/074

Last Listing description (March 2017)

Positioned close to the South Terrace automated gates for ease of access and convenient parking.
With a lush tropical front garden you can sit out the front any time of the day with your favourite drink in complete privacy. The rear garden has its very own built-in outdoor kitchen. There's hot and cold running water, two sinks, built-in and plumbed gas BBQ and designer raised garden beds. A built-in garden box seat doubles as a clever outdoor storage unit and there is a shade sail to keep you cool while you enjoy every aspect of this clever garden setting.
Extra cabinetry has been added to the kitchen with a built-in pantry and extended overhead cupboards. Even the stairwell has been built in with doorway access to create additional storage space.

The bathroom has had a tile upgrade, new vanity and shower while the second toilet and vanity area downstairs has seen the walls tiled at the same time.
Split system air conditioning will keep the unit as cool as a cucumber in the summer while attractive block out curtains and fresh paint add to the all-round appeal.

Property History for 39/50 South Tce, The Gap, NT 0870

A timeline of how this property has performed in the market
Last Sold
$275,000
20 Jan 2017
  • 20 Jan 2017
    Sold for $275,000
  • 02 Dec 2015
    Listed for Sale $275,000
  • 12 Dec 2003
    Sold for $126,000

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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, 49 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.