1160 Waterworks Rd, The Gap is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 1036m2 and floor size of 168m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
Rare opportunity to secure a large parcel of land in the highly sought after and tightly held location of The Gap. The possibilities are endless with development potential or as an extensive renovation project. The dimensions of the block are favourable with a frontage of approximately 26 meters and a depth of approximately 38 meters. The large highset brick & tile home onsite also provides a great rental return if you're looking to land bank and take advantage of the strong capital growth of this inner-city location.
Featuring:
The size of The Gap is approximately 12.6 square kilometres. It has 31 parks covering nearly 10.8% of total area. The population of The Gap in 2011 was 15,949 people. By 2016 the population was 16,709 showing a population growth of 4.8% in the area during that time. The predominant age group in The Gap is 40-49 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, 83.4% of the homes in The Gap were owner-occupied compared with 83% in 2016.
The Gap has 6,790 properties. Over the last 5 years, Houses in The Gap have seen a 80.79% increase in median value, while Units have seen a 79.86% increase. As at 31 October 2024:
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