LACK OF BUYER INTEREST may well be the reason that The Gap is offering property investors an average of -7.51. This rate of discount on properties puts Suburb at number 44th in terms of most discounted suburbs in NT
The Gap, 0870’s gross rental yield is 5.85%
NT has seen average median house prices change by -2.49% which means that The Gap, 0870 has not done well for property investors by showing a capital gain of -15.00% over the last year
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.
The Gap0870 is located in NT which offers an average discount of -8.82% to property investors. The Gap itself is showing figures that indicate -4.15% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in The Gap the average time real estate has been on the market is 85.25 days.
Property investors should expect to get $360 weekly from the median priced house in this suburb.