Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in The Gap has fallen somewhat when compared to the 5 year average annual rate.
Property buyers and investors in The Gap 0870 should be seeing an average reduction in asking price of around -4.11% . This means that The Gap is holding prices well when compared to other suburbs in NT.
Situated 1286.23km from the CBD, The Gap is one of Alice Springs localities in the postcode 0870.
The Gap has had a quite poor year for property investment returns compared to the rest of NT, giving investors a capital gain of -18.14% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, The Gap comes in at number 20th in NT.
At number 15th of NT’s most discounted properties, The Gap is in the TOP 10% of the state/territory when listing in order of most discounted to least.