The housing market in The Gap, a suburb of Alice Springs in the Northern Territory, offers a distinctive blend of affordability and diversity, which appeals to a range of buyers, from first-time homeowners to seasoned investors. The area predominantly features single-family homes, with a mix of both contemporary builds and older, more traditional styles that reflect the rich history of Alice Springs. Due to its location just a short distance from the town center, residents of The Gap enjoy convenient access to local amenities, schools, and employment centers, making it a desirable option for families and professionals alike. As the demand for housing in Alice Springs steadily rises, The Gap remains a competitive and attractive market, with property values experiencing gradual appreciation, providing solid investment potential.
Living in The Gap offers a unique lifestyle characterized by a blend of urban convenience and natural beauty. The suburb is nestled at the foot of the stunning MacDonnell Ranges, providing residents with breathtaking views and opportunities for outdoor activities such as hiking and exploring the nearby natural parks. The community in The Gap is diverse and friendly, fostering a welcoming atmosphere for new residents who often find it easy to settle in. The local infrastructure supports an active lifestyle, with amenities such as sports facilities, parks, and shopping centers. The climate in Alice Springs, known for its sunny days and cool evenings, allows for a wide range of outdoor events and social gatherings throughout the year, enhancing the quality of life in The Gap. Living here offers a balanced lifestyle with the serenity of a close-knit community and the excitement of a vibrant town.
Median Weekly Rent | $391.50 |
Median Monthly Mortgage | $1451.50 |
Median Persons Per bed houseroom | 1.05 |
Average Household Size | 2.00 |
Average Age | 35.00 |
Average Income | $1147.00 |
Average Cars Per Dwelling | 1.58 |
Average Properties Within 50M | 32 |
Typical 1 bed house | $342,000 |
Typical 2 bed house | $478,000 |
Typical 3 bed house | $670,000 |
Typical 4 bed house | $851,000 |
Typical 5 bed house | $523,000 |
Housing Stock
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Thinking about buying in The Gap? Now could not be a better time, with 1341 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $453,000 with prices in this suburb ranging from $189,000 to $1,587,000. The aproximate distance to the coast is 897 Km.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in The Gap ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in The Gap provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in The Gap requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Instant Property ValuationOur Lady of the Sacred Heart Catholic College
Gillen Primary School
Centralian Middle School
St Joseph's Catholic Flexible Learning Centre
Bradshaw Primary School
St Philip's College
Ross Park Primary School
Centralian Senior College
Sadadeen Primary School
Acacia Hill School
(While the above schools are located with the suburb of The Gap there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.8 | 22.4 | 36.9 | 20.4 | 60.5 | 4.4 | 26.9 |
Feb | 1.4 | 20.7 | 36.2 | 19.6 | 59.1 | 4.2 | 25.9 |
Mar | 1.2 | 18.2 | 33.2 | 24.0 | 63.4 | 3.9 | 22.3 |
Apr | 0.3 | 12.5 | 28.7 | 20.8 | 64.7 | 3.5 | 20.4 |
May | 0.3 | 7.0 | 23.2 | 25.0 | 73.7 | 3.3 | 16.7 |
Jun | 0.1 | 3.9 | 20.2 | 28.1 | 80.4 | 3.1 | 15.1 |
Jul | 0.3 | 3.4 | 21.6 | 21.7 | 76.4 | 3.1 | 16.2 |
Aug | 0.1 | 5.6 | 24.1 | 16.3 | 60.9 | 3.5 | 18.8 |
Sept | 0.3 | 10.6 | 28.5 | 13.1 | 54.0 | 4 | 22.3 |
Oct | 0.4 | 14.2 | 31.9 | 13.1 | 49.4 | 4 | 26.4 |
Nov | 0.9 | 18.2 | 35.0 | 13.5 | 52.5 | 4.2 | 28.2 |
Dec | 0.7 | 20.5 | 37.1 | 14.3 | 52.1 | 4.2 | 29.4 |
source: Australian Government Bureau of Meteorology
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