A -3.45% growth in median value for property investors in The Gap,0870 puts this suburb at number 17th in terms of best performing suburbs in NT
Our latest figures would indicate that property sellers in The Gap are currently offering property investors an average price cut of -5.71% below the asking price at the moment.
Situated 1286.37km from the CBD, The Gap is one of Alice Springs localities in the postcode 0870.
The Gap, 0870 ranked 3rd 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
Across a shorter period, The Gap, 0870 has seen a median price increase of 1.13% over the last quarter.
Property buyers and investors in The Gap 0870 should be seeing an average reduction in asking price of around -5.56% . This means that The Gap is holding prices well when compared to other suburbs in NT.
Advertised rents are around the $380 mark per week – giving a return of 6.81% based on the median price in Suburb