16/3 Gap Road, The Gap, NT 0870 | Property Value & History | OnTheHouse
OFF MARKET

16/3 Gap Road
The Gap NT 0870

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 92m2
Land area: 199m2
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Property Details for 16/3 Gap Rd, The Gap

16/3 Gap Rd, The Gap is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 199m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in December 2014.

Building Type
Unit
Year Built
1980
Floor Size
92m2
Land Size
199m2
Local Government
Alice Springs

Last Listing description (October 2014)

ALICE SPRINGS, BUY ME!!!
Situated at the end of the complex this well presented 2 bedroom, 2 bathroom unit will delight all first home buyers or investors. This renovated unit is sure to please the new owners and a great plus is you can leave the car at home. This stylish property is located right across the road from the hospital and the CBD is only a short walk away. As you walk through the front door you enter the open living/dining/kitchen area. The sleek tiles and fully renovated kitchen looks amazing!! Offering excellent bench/cupboards space and the dishwasher will take the pain out of doing the dishes. Upstairs there are two spacious carpeted bedrooms with large built in robes. Through a sliding door in the master bedroom presents a full renovated sizeable en-suite. This room has the added luxury of a big balcony easily big enough to entertain or sit back and enjoy a morning coffee overlooking the Todd River. The laundry has been incorporated with the downstairs bathroom which looks fantastic and the original laundry room is now utilised as an extra storage room. This property has been well maintained and is worthy of an inspection. With a current rental return of $1955 per calendar month (over 6%) expires 20/11/14, which offers very a prosperous return and would be a magnificent investment to add to your portfolio. The body corporate fees are $901 (Administration) $105 (Sinking Levy) Totalling $1006 per quarter. (Your building insurance and water expenses are included in the body corporate) If you are looking to live or invest and want a solid return with a property that ticks all the boxes, look no further call for an inspection.

Property History for 16/3 Gap Rd, The Gap, NT 0870

A timeline of how this property has performed in the market
Last Sold
$343,000
02 Dec 2014
Listed for Rent
$420/w
19 Nov 2013
  • 02 Dec 2014
    Sold for $343,000
  • 20 Aug 2014
    Listed for Sale REDUCED $349,000
  • 09 Nov 2013
    Listed for Rent $420 / week
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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 2016 was 1709 people. By 2021 the population was 1945 showing a population growth of 13.8% in the area during that time. The predominant age group in The Gap is 30-39 years. Households in The Gap are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in The Gap work in a professional occupation.In 2021, 34.30% of the homes in The Gap were owner-occupied compared with 38.00% in 2016.

The Gap has 970 properties. Over the last 5 years, Houses in The Gap have seen a 9.79% increase in median value, while Units have seen a 15.67% increase. As at 30 November 2025:

  • The median value for Houses in The Gap is $433,104 while the median value for Units is $305,394.
  • Houses have a median rent of $495 while Units have a median rent of $410.
There are currently 6 properties listed for sale, and 3 properties listed for rent in The gap on OnTheHouse. According to Cotality's data, 44 properties were sold in the past 12 months in The gap.

Suburb Insights for The Gap 0870

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.