SOLD
Sold on 02 Sep 2024 for $190,000

5/3 Mahomed Street
The Gap NT 0870

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 57m2
Land area: 151m2
Sold By
Nutrien Harcourts Alice Springs
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Property Details for 5/3 Mahomed St, The Gap

5/3 Mahomed St, The Gap is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1981. The property has a land size of 151m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in The Gap in the last 12 months.

Building Type
Unit
Year Built
1981
Floor Size
57m2
Land Size
151m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 6730/U2010/016

Last Listing description (September 2024)

A great 2 bedroom starter unit and available for an owner occupier.
Open plan living, dining kitchen with great cupboard & bench space.
Solid block construction, fully tiled plus split systems throughout.

Built in robes to both bedrooms.
Decent rear courtyard with spectacular views of the MacDonnell Ranges
Walking distance to multiple venues including the Hospital, CBD, Sporting facilities, Casino
Close to Public Transport
2 Car Under Cover Carport
Call Ianne for your inspection on 0407 864 656

Body Corporate: $700 per quarter
Council Rates: $1950 FY 24
Land Area: 151 sq metres
Rent: $360 per wk
Lease : Vacating

Property History for 5/3 Mahomed St, The Gap, NT 0870

A timeline of how this property has performed in the market
Last Sold
$190,000
02 Sep 2024
  • 02 Sep 2024
    Sold for $190,000
  • 01 Jul 2023
    Listed for Sale Not Disclosed
  • 29 Mar 2010
    Sold for $230,000

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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 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, 42 properties were sold in the past 12 months in The gap.

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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.