At number 822th in the list of Australian suburbs ordered by increase in median house value over the last year, The Gap, 0870 is in the top 20% with a property value increase of 11.73% recorded in median house prices.
The Gap,0870 has offered an average of 11.73% return per annum in house price rises to property investors over the last three years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in The Gap, 0870. Typically our figures indicate that -5.33% is being offered, which puts this NT suburb at 2286th most discounted overall in Australia.
In the last year 11 properties changed hands in The Gap, which puts it as the 50th most active market in NT when comparing the number of sales per suburb.
The Gap is 12th on a list of best yielding suburbs for rents in NT with a 5.59% return
The Gap, 0870 ranked 23th in NT when comparing growth in median property values or capital gain over the last 12 months. The Gap is one of 124 in our list for NT
The Gap,0870 has offered an average of -20.81% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in The Gap should be aiming for at least -6.36% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 44 properties changed hands in The Gap, which puts it as the 6th most active market in NT when comparing the number of sales per suburb.
Property investors should expect to get $360 weekly from the median priced house in this suburb.