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 12.99%.
While The Gap,0870 ranked number 24th in NT for increase in median house value (annualised) increase, it is ranked 52th over the last 5 years.
The Gap is 17th on a list of best yielding suburbs for rents in NT with a 5.72% return
Property value increases in The Gap have tracked lower than the NT average of 5.38% over the last 12 months.
Across a shorter period, The Gap, 0870 has seen a median price increase of -0.10% over the last quarter.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of -1.94%, investors should hope to achieve an overall return of 9.05%