Situated 1286.27km from the CBD, The Gap is one of Alice Springs localities in the postcode 0870.
The Gap is in the TOP 30% in NT when comparing median price capital growth over the last year. The Gap gave property investors a good capital gain figure when compared to the rest of the state, with 2.00%.
Taking the average capital gain, or increase in median house value, The Gap,0870 has racked up an average of 2.00% over the period. This ranks it number 1697th in the whole country for real estate investors looking at median house price increases.
The Gap, 0870 is offering NT ‘s 17th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this NT.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 7.34%, without taking into account capital value appreciation, which has been averaging out at 3.67%.