OFF MARKET

8 Gnoilya Street
The Gap NT 0870

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 112m2
Land area: 1382m2
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Property Details for 8 Gnoilya St, The Gap

8 Gnoilya St, The Gap is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1978. The property has a land size of 1382m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in December 2010.

Building Type
House
Year Built
1978
Floor Size
112m2
Land Size
1382m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 7600/U2012/006

Last Listing description (May 2007)

New rezoning has transformed this property from just a peach of a house into a plum of an opportunity. The site at 8 Gnoilya has now been rezoned to MD. Meaning that up to four dwellings can be situated on this property subject to Development Consent Authority approval.

The existing house features three bedrooms, a decorated kitchen and all sorts of goodies in the yard: chicken coup, lovely old-fashioned pergola for a few sundowners, two garden sheds. There is, needless to say, a whole bunch of space too, with the property taking up a block of 1400m2.

Situated in the still affordable Southside, investors should note the very wonderful opportunity presented by the sale of this property. Investigate your options today and act soon to capitalise.

Council Rates - $904.70

Estimated Rental - $280 - $300pw

Zone - MD

$329,000

Jarrod Wapper : 0417 895 788

Property History for 8 Gnoilya St, The Gap, NT 0870

A timeline of how this property has performed in the market
Last Sold
$250,000
17 Dec 2010
  • 17 Dec 2010
    Sold for $250,000
  • 23 Jul 2007
    Sold for $320,000
  • 06 Mar 2007
    Listed for Sale $329,000

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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 -3.28% decrease in median value, while Units have seen a -13.72% decrease. As at 30 September 2024:

  • The median value for Houses in The Gap is $419,251 while the median value for Units is $261,809.
  • Houses have a median rent of $485 while Units have a median rent of $430.
There are currently 6 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.

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.