38 Gap Road, The Gap, NT 0870 | Property Value & History | OnTheHouse
 
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38 Gap Road
The Gap NT 0870

Bedrooms: 3
Bathrooms: 3
Car spaces: 5
Floor area: 98m2
Land area: 980m2
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Last updated 15 Dec 2025
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Property Details for 38 Gap Rd, The Gap

38 Gap Rd, The Gap is a 3 bedroom, 3 bathroom Unit with 5 parking spaces and was built in 1965. The property has a land size of 980m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
1965
Floor Size
98m2
Land Size
980m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 1351/A 000165

Last Listing description (August 2023)

The Feel:
Well positioned cluster of three units full of character and comfort. Top opportunity to acquire an easy to manage rental portfolio. Perhaps live in one and use the others to handle the mortgage? Offers good potential going forward.

The Facts:
- Zoned Tourist Commercial
- Measuring 980 sqm
- Three solid units
- Split systems throughout
- New roof
- Electrical upgrade undertaken
- Abundant off street parking
- Well positioned close to hospital and sporting facilities
- No easements
- Ability to earn more with minor upgrading

This property delivers to the new owner a great little asset, perfect for staff housing or a tidy rental investment.

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Property History for 38 Gap Rd, The Gap, NT 0870

A timeline of how this property has performed in the market
Last Sold
$535,000
14 Jul 2023
  • 14 Jul 2023
    Sold for $535,000
  • 27 Apr 2023
    Listed for Sale Offers Over $560,000
  • 16 Sep 2022
    Listed for Sale $562,000
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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 5 properties listed for sale, and 3 properties listed for rent in The gap on OnTheHouse. According to Cotality's data, 45 properties were sold in the past 12 months in The gap.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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