Median Sale Price
House
$395K
Updated on May 2019
2 BR $408K | 3 BR $408K | 4 BR $198K |
Unit
$290K
Updated on May 2019
1 BR - | 2 BR $280K | 3 BR $393K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $343,000 | 0.0% | $343,000 | $343,000 | 1 |
| 2010 | - | - | - | - | - |
| 2011 | - | - | - | - | - |
| 2012 | $420,000 | +18.3% | $355,000 | $975,000 | 5 |
| 2013 | $425,000 | +1.2% | $299,500 | $1,100,000 | 22 |
| 2014 | $410,000 | -3.7% | $305,000 | $490,000 | 12 |
| 2015 | $335,000 | -22.4% | $330,000 | $515,000 | 6 |
| 2016 | $400,000 | +16.3% | $295,000 | $575,000 | 9 |
| 2017 | $385,000 | -3.9% | $127,000 | $545,000 | 10 |
| 2018 | $345,000 | -11.6% | $165,900 | $420,000 | 5 |
| 2019 | $400,000 | +13.8% | $200,000 | $419,000 | 8 |
Median Sale Price
$349K
Based on 11 recorded sales within the last 12 months
Updated on 17 Jul 2019
Suburb Growth
-20.3%
Current Median Price: $349,000
Previous Median Price: $420,000
Based on 19 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jun 2019)
Price Range Segments (12 months ending Jun 2019)
Median Weekly Rent Price
House
$460
Updated on Jun 2019
2 BR $450 | 3 BR $495 | 4 BR $540 |
Unit
$400
Updated on Jun 2019
1 BR $300 | 2 BR $430 | 3 BR $490 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | - | - | - | - | - |
| 2012 | - | - | - | - | - |
| 2013 | - | - | - | - | - |
| 2014 | $480 | 0.0% | $300 | $600 | 10 |
| 2015 | $450 | -6.7% | $265 | $650 | 23 |
| 2016 | $450 | 0.0% | $320 | $630 | 19 |
| 2017 | $460 | +2.2% | $280 | $550 | 22 |
| 2018 | $410 | -12.2% | $250 | $600 | 13 |
| 2019 | $450 | +8.9% | $370 | $450 | 2 |
Median Rent Price
$470
per week
Based on 4 recorded rent within the last 12 months
Updated on 17 Jul 2019
Rent Price Growth
+2.1%
Current Median Rent: $470
Previous Median Rent: $460
Based on 27 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+7%
Current Median Price: $349,000
Current Median rent: $470
Based on 15 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jun 2019)
Auction Results For The Gap
Houses sold in Last 12 months ends 13 Jul 2019
$395K
Median Sale Price
100%
Clearance Rate
2/2
Sold/Reported
$395K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| less than $400 K (Median Price Range) | 1 | |
Schools closest to The Gap, NT 0870
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Our Lady of the Sacred Heart Catholic CollegeTop 5 | TRAEGER AVENUEAlice Springs 0870 | Combined | Catholic | 0.67 km |
| Centralian Middle School | 56 MILNER RDAlice Springs 0870 | Secondary | Government | 1.02 km |
| Bradshaw Primary School | Gillen 0870 | Primary | Government | 1.12 km |
| Ltyentye Apurte Catholic School | SANTA TERESAAlice Springs 0870 | Combined | Catholic | 1.63 km |
| The Alice Springs Steiner School | LOT 9523, RAGONESI ROADAlice Springs 0870 | Primary | Independent | 1.63 km |
| Braitling Primary School | Braitling 0870 | Primary | Government | 1.72 km |
| Gillen Primary School | Gillen 0870 | Primary | Government | 1.72 km |