Suburb Profile

Suburb profile for,

The Gap, NT

Located in the dynamic state of NT (postcode 870), THE GAP is a vibrant real estate market. This suburb holds a median house price of $458,400 and has demonstrated an average buying growth of Up 8.0%. Last month, 4 houses were available, with 13 transactions completed in the past year. Properties spend around 80 days on the market, reflecting the area's demand with 19 interested buyers. The average rental yield stands at 6.0%, with a weekly median rent of $420 per week and an average rent growth of Up 6.3%. Rental properties usually stay on the market for 32 days. The population in 2016 was 1716, which changed by +1.40% in the past five years. The median weekly household income is $1,676, reflecting an income change of +14.87% over the past five years. Residents have a median age of 34 years, and the suburb has an average annual growth for houses of +4.91%. To fully take advantage of THE GAP's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in THE GAP, Handle provides end-to-end property investment services, backed by data and experts.

SUBURB DATA

Quantitative data for,

The Gap, NT

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.
State
NT
Suburb
THE GAP
Postcode
870
Median price for all dwellings
$458,400
Last 12 months growth return
Up 8.0%
Avg. dwellings for sale in the suburb every month
4
Avg. dwellings sold in the suburb in previous 12 months
13
Avg days on market for a dwelling listing to sell
80 days
Avg. number of people searching in this suburb every month
19
Avg. rental yield per annum
6.00%
Weekly median rent for all dwellings
$420 per week
Median price for all houses
$458,400
Avg. rental yield growth in the previous 12 months
6.00%
Avg. days for a rental listing to find a tennant
32 days
Total suburb population in 2016
1716
Total suburb population change in 5 years up to 2016
1.40%
Avg. household income per week
$1,676
Median age of the population in the suburb
34
Historic avg annual growth return per annum in the suburb
4.91%

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