OFF MARKET

4/15 Ballingall Street
The Gap NT 0870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 113m2
Land area: 318m2
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Property Details for 4/15 Ballingall St, The Gap

4/15 Ballingall St, The Gap is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 318m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
1999
Floor Size
113m2
Land Size
318m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 9099/U1999/034

Last Listing description (December 2021)

If you are looking for an easy investment opportunity this property is ideal. Hidden at the end of a quiet cul de sac this spacious two bedroom unit has all the comforts of a home.

The Facts:
- Excellent weekly rental income $480 pw

lease expiry 3/06/2022
- Centrally located and walking distance to CBD
- Tiled modern living, dining and kitchen areas are located
the ground floor
- Cooks kitchen with ample bench and cupboard space,
gas cooking
- Master bedroom has connecting walk-in robe and two
way bathroom access
- Private balconies for both bedrooms
- Large bathroom features a bath, shower and vanity with
separate toilet.
- French doors open off the living area to the outdoor
entertaining area and large side garden
- Additional powder room located downstairs
- Large storage space under stairs
- Split system air-conditioning and fans throughout -
- Natural gas services the property plus gas HWS
- Security screens
- Fully fenced with additional parking at the front.

Offer Letter - May be downloaded from Nutrien Harcourts website listing.

Property History for 4/15 Ballingall St, The Gap, NT 0870

A timeline of how this property has performed in the market
Last Sold
$375,000
21 Dec 2021
Listed for Rent
$480/w
13 May 2021
  • 21 Dec 2021
    Sold for $375,000
  • 13 May 2021
    Listed for Rent $480 / week
  • 12 Mar 2021
    Listed for Sale offers over $385,000
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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 953 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 7 properties listed for sale, and 3 properties listed for rent in The gap on OnTheHouse. According to CoreLogic's data, 40 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.