49/48-50 South Terrace, The Gap, NT 0870 | Property Value & History | OnTheHouse
OFF MARKET

49/48-50 South Terrace
The Gap NT 0870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 2m2
Land area: 158m2
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Property Details for 49/48-50 South Tce, The Gap

49/48-50 South Tce, The Gap is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1979. The property has a land size of 158m2 and floor size of 2m2. While the property is not currently for sale or for rent, it was last sold in February 2010.

Building Type
Townhouse
Year Built
1979
Floor Size
2m2
Land Size
158m2
Local Government
Alice Springs

Last Listing description (July 2026)

Set within a well-maintained complex in sought-after The Gap, this two-bedroom unit presents a practical opportunity for both owner-occupiers and investors.
The ground level features a spacious tiled open-plan living and dining area, filled with natural light and overlooking the front garden. The adjoining kitchen offers ample bench space, generous storage, electric cooking, and a pleasant outlook to the private courtyard. Also downstairs is a second toilet, internal laundry, and convenient under-stair storage.

Upstairs, a generous landing leads to two well-sized carpeted bedrooms, both with built-in storage and good natural light. The primary bedroom is complemented by a walk-in robe and private balcony, capturing an appealing outlook towards the Todd River and surrounding ranges. The central bathroom includes a shower, vanity, and toilet, with additional storage available off the landing.

The rear of the property offers a private paved courtyard with direct pedestrian access to the carport.

Property Overview:
- Two-bedroom, one-bathroom townhouse unit in well-maintained complex
- Light-filled open plan living with tiled flooring
- Functional kitchen with electric cooking and ample storage
- Primary bedroom with walk-in robe and balcony
- Second toilet and internal laundry downstairs
- Private courtyard with carport access
- Pleasant outlook towards the Todd River and ranges

Land Size: 158m
Zoning: LMR (Low-Medium Density)
Year Built: 1995
Council Rates: $2,136.56 p/a
Body Corporate Fees: $1,108.70 p/qtr
Rent Estimate: $450.00 - $470.00 p/wk

Conveniently positioned close to local schools, shops, medical facilities, and the CBD, this location supports both lifestyle and strong rental appeal.
A low-maintenance home or a solid addition to an investment portfolio, this property represents excellent value in a highly regarded Alice Springs suburb. Phone Kura on 0437 366 265 for more details.

Property History for 49/48-50 South Tce, The Gap, NT 0870

A timeline of how this property has performed in the market
Last Sold
$339,000
15 Feb 2010
Listed for Rent
$400/w
08 Aug 2015
  • 29 Jun 2026
    Listed for Sale $300,000
  • 31 Jul 2015
    Listed for Rent - Price not available
  • 08 Jan 2015
    Listed for Rent $400 / week
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About The Gap 0870

The size of The Gap is approximately 1.6 square kilometres. There are 7 parks, covering nearly 16.5% of the 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 0.81% increase in median value, while Units have seen a 2.57% increase. As at 30 June 2026:

  • The median value for Houses in The Gap is $443,451 while the median value for Units is $299,810.
  • Houses have a median rent of $550 while Units have a median rent of $415.
There are currently 4 properties listed for sale, and 1 property listed for rent in The gap on OnTheHouse. According to Cotality's data, 56 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.