93 Spence Street

The Gap QLD 4825

The size of The Gap is approximately 0.7 square kilometres. It has 3 parks covering nearly 21.3% of total area. The population of The Gap in 2011 was 801 people. By 2016 the population was 824 showing a population growth of 2.9% in the area during that time. The predominant age group in The Gap is 20-29 years. Households in The Gap are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in The Gap work in a trades occupation. In 2011, 37.7% of the homes in The Gap were owner-occupied compared with 38.4% in 2016.

The Gap has 556 properties. Over the last 5 years, Houses in The Gap have seen a 20.59% increase in median value, while Units have seen a -14.44% decrease. As at 30 November 2024:

• The median value for Houses in The Gap is $240,175 while the median value for Units is $288,164.
• Houses have a median rent of $450 while Units have a median rent of $300.