5/18 Allchurch St, 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 232m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in The Gap in the last 12 months.
If it is a smart investment you are looking for then any portfolio would benefit from this inclusion. Be it all four units or buying just the one, the benefits will be attractive. Units 1, 3 and 5 are located along Gap Road with Unit 4 accessed via Allchurch Street and situated in the middle of the block.
- Lots measure between 166 and 333 sqm
- Open plan living area
Number 18 Allchurch Street is just a short drive or walk from town, very close to schools, shops and entertainment venues.
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:
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