2 Ballingall Street, The Gap, NT 0870 | Property Value & History | OnTheHouse
OFF MARKET

2 Ballingall Street
The Gap NT 0870

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Land area: 980m2
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Property Details for 2 Ballingall St, The Gap

2 Ballingall St, The Gap is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 980m2. While the property is not currently for sale or for rent, it was last sold in January 2025.

Building Type
House
Land Size
980m2

Last Listing description (January 2025)

Offering a Gross rental return of over 9%. This fully fenced, dual access property is currently leased at a total of $870.00 per week. With a location close to the Hospital AND all major sporting facilities the property is very popular with tenants.

- Two-bedroom home and a fenced off independent garage/studio

- Attractive vinyl strip flooring throughout
- Well fitted bathrooms, attractive decor
- Double carport and garden shed
- Positioned close to the Hospital, Aquatic Centre and major Sporting facilities.
- Current rent income is $870 per week!

This is a terrific opportunity should you wish to keep both residences rented or live in one and lease out the other when it becomes available! The property is positioned on the corner of Ballingall Street and Speed Street. It covers 980 sq metres of land and is zoned LMR, offering versatility to meet your future needs.

The current improvements to the property include a cladded, very neat, two-bedroom home and an independent brick studio that is fitted with bathroom facilities and other conveniences or alternate space for an extended family. Both buildings are independently fenced with gate access and a clearance of approx. 6 metres between the boundaries.

The current owner has enjoyed adding value to both buildings by improving floor coverings, fresh paint, and attractive decor throughout. Its ready to go!

The lounge and dining areas are open plan in the primary residence and the well-equipped, L shaped kitchen has gas cooking, rangehood, overhead cabinetry and a breakfast bar. Both bedrooms are a generous size, have built in robes and attractive vinyl strip flooring features throughout. The bathroom has a shower, vanity, and an inviting bath while the toilet is separate.

Glass sliding doors welcome you into the studio from the shaded front patio. The bathroom in the second structure is beautifully fitted out and there are kitchen facilities along with attractive vinyl strip flooring. Ceiling fans and a split system air conditioner cater to the climate comfort.

Crimsafe security screens feature throughout for your safety and peace of mind.
There is a free-standing double carport and a garden shed along with plenty of yard space to keep additional vehicles off the road and safe.

A unique opportunity to buy if space and independence are important to your purchasing needs.
Located within easy walking distance to the Alice Springs Hospital and other allied Health Services.
Your high yielding investment property is just a phone call or email away.
Don’t Delay, contact Dom today!

Property History for 2 Ballingall St, The Gap, NT 0870

A timeline of how this property has performed in the market
Last Sold
30 Jan 2025
Listed for Rent
$470/w
14 Mar 2024
  • 31 Jan 2025
    Sold for $459,000
  • 16 May 2024
    Listed for Sale Offers Over $459,000
  • 16 Feb 2024
    Listed for Rent $470 / 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 971 properties. Over the last 5 years, Houses in The Gap have seen a -6.29% decrease in median value, while Units have seen a 4.12% increase. As at 31 December 2025:

  • The median value for Houses in The Gap is $429,832 while the median value for Units is $290,423.
  • Houses have a median rent of $495 while Units have a median rent of $410.
There are currently 5 properties listed for sale, and 4 properties listed for rent in The gap on OnTheHouse. According to Cotality's data, 48 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.