Median priceⓘLast 12 months
282kk
↑ +0.5% YoY
The Gap, NT 0870
Property data updated ·1,945 residents
Last 12 months snapshot
49 sales · 38 leases · Refreshed July 2026
The Gap property market
The Gap's busiest market is unit sales, with 31 sales at around $270k (down) as of July 2026, taking about 79 days to sell (down a lot from 180 days last year), with just under half being 2-bedroom.
Unit rentals are nearly as big, with 30 leases at $420 a week, renting out in about 19 days (down from 27 days last year), with rents weaker than most unit rental markets, around half are 2-bedroom. Rounding it out, 18 house sales at around $381k (less sought-after than most house markets). 8 house rentals at $405 a week.
Above-average incomeMixed-agesMostly rentersStrongly multiculturalNewcomer-heavyVery walkable
Who lives hereAn above-average-income, mostly-renter, mixed-age suburb — strongly multicultural, newcomer-heavy and very walkable.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Census · ABS 2021
The Gap demographics & population
Population
1,945
Median age
34yrs
Avg household
2.3people
Male · Female
49% · 51%
Owner-occupied
50%
Renting
50%
Lone person
50%
Couples, no kids
50%
Born overseas
50%
Year 12+ⓘ
50%
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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Census · ABS 2021
Who lives in The Gap?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Age & sex1,207 residentsMaleFemale
Share of all residents by 5-year band · hover a band for the count + split
Life stage
50%
50%
50%
50%
50%
50%
Children0–1450%Youth15–2450%Young adults25–3450%Midlife35–5450%Mature55–6450%Seniors65+50%
Household composition
50%
50%
50%
50%
50%
Lone person50%Couples, no kids50%Families with kids50%Other families50%Group / share50%
2.0 people / household0.7 persons / bedroom50% are 5+ person
Household sizepersons per dwelling
50%1
50%2
50%3
50%4
50%5
50%6+
Cultural make-upshare of residents · diversity = odds two differ
Born overseasⓘResidents born outside Australia, as a share of those who stated a birthplace.50%
Other language at homeⓘResidents who mainly speak a language other than English at home — counts the language used, not how well English is spoken.50%
Limited EnglishⓘResidents who speak English “not well” or “not at all”. A language-barrier measure, not bilingualism — many who speak another language at home still speak English well.50%
Both parents overseasⓘResidents whose mother and father were both born overseas — the Australian-born-to-migrants “second generation”, distinct from being born overseas yourself.50%
Australian citizensⓘResidents who are Australian citizens — both Australian-born and people who have since naturalised.50%
Birthplace diversity35%
Chance two random residents were born in different countries
Language diversity48%
Chance two random residents speak different languages at home
Religious diversity37%
Chance two random residents follow different religions
Where residents were borntop birthplaces
Afghanistan50%
Australia50%
Bangladesh50%
Bosnia & Herzegovina50%
Brazil50%
Cambodia50%
Canada50%
Chile50%
Languages at hometop languages
English only50%
Afrikaans50%
Arabic50%
Australian Indigenous50%
Cantonese50%
Mandarin50%
Other Chinese50%
Croatian50%
Ancestry% reporting · multi-response
Australian50%
Aboriginal/Torres Strait Islander50%
Chinese50%
Croatian50%
Dutch50%
English50%
Faith & belieftap Christianity
No religion50%
▸Christianity50%
Islam50%
Buddhism50%
Hinduism50%
Judaism50%
Other religions50%
Family originsparents’ birthplace
50%
50%
50%
Both parents overseas50%One parent overseas50%Both parents in Australia50%
A strongly multicultural community with deep migrant heritage.
When migrants arrivedshare of overseas-born
Before 198150%
1981-200050%
2001-201050%
2011-201550%
2016-202150%
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Census · ABS 2021
Housing & affordability in The Gap
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Affordability at a glance
LowMedianHighPercentile
Median weekly rentⓘMiddle weekly rent paid by renting households.Bottom 38%Median weekly rent · $184/wk — below average: in the bottom 38%, lower rent than 62% of Aussie suburbs.
Median monthly mortgageⓘMiddle monthly mortgage repayment among households with a mortgage.Bottom 29%Median monthly mortgage · $766/mo — below average: in the bottom 29%, lower mortgages than 71% of Aussie suburbs.
Rent stress (rent ÷ income)ⓘMedian weekly rent as a share of median weekly household income — a rough rental-affordability gauge. Higher = rent takes a bigger bite.Top 50%Rent stress · 50% — typical: right around the median for Aussie suburbs.
Mortgage stress (repay ÷ income)ⓘMedian mortgage repayment (converted to weekly) as a share of median weekly household income. Higher = repayments take a bigger bite.Top 50%Mortgage stress · 50% — typical: right around the median for Aussie suburbs.
High mortgage (≥$3k/mo)ⓘMortgaged households repaying $3,000 or more per month.Top 50%High mortgage · 50% — typical: right around the median for Aussie suburbs.
Social housingⓘHouseholds renting from a state housing authority or community housing provider.Top 50%Social housing · 50% — typical: right around the median for Aussie suburbs.
Unoccupied on census nightⓘDwellings recorded as unoccupied on Census night — holiday homes, between-tenant rentals, etc.Top 50%Unoccupied on census night · 50% — typical: right around the median for Aussie suburbs.
Large dwellings (4+ bed)ⓘOccupied dwellings with 4 or more bedrooms.Top 50%Large dwellings · 50% — typical: right around the median for Aussie suburbs.
This suburb Typical range (middle 50%) Median suburb
Bedrooms per dwellingshare of dwellings
50%0
50%1
50%2
50%3
50%4
50%5
50%6+
Who owns vs rentsoccupied dwellings
50%
50%
50%
50%
Owned outright50%Mortgage50%Renting50%Other50%
What’s built heredwelling types
50%
50%
50%
50%
House50%Townhouse50%Apartment50%Other50%
50% separate houses50% apartments50% high-rise
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Census · ABS 2021
Income & employment in The Gap
Incomes, employment, and the occupation mix of the people who live here.
Income & work at a glance
LowMedianHighPercentile
Median personal incomeⓘMiddle weekly income of individuals aged 15+.Top 20%Median personal income · $1,020/wk — well above average: in the top 20%, higher personal income than 80% of Aussie suburbs.
Median family incomeⓘMiddle weekly income of families.Top 50%Median family income · $1,785/wk — typical: right around the median for Aussie suburbs.
Managers & professionalsⓘEmployed residents who work as managers or professionals.Top 50%Managers & professionals · 50% — typical: right around the median for Aussie suburbs.
High earners (≥$2k/wk)ⓘResidents earning $2,000 or more per week.Top 50%High earners · 50% — typical: right around the median for Aussie suburbs.
This suburb Typical range (middle 50%) Median suburb
Occupations
LowMedianHighPercentile
Managers & professionalsⓘEmployed residents who work as managers or professionals.Top 50%Managers & professionals · 50% — typical: right around the median for Aussie suburbs.
Clerical & adminⓘEmployed residents in clerical and administrative jobs.Top 50%Clerical & admin · 50% — typical: right around the median for Aussie suburbs.
Community & personal serviceⓘEmployed residents in community and personal-service jobs — care, hospitality, security and similar.Top 50%Community & personal service · 50% — typical: right around the median for Aussie suburbs.
Sales workersⓘEmployed residents in sales jobs.Top 50%Sales workers · 50% — typical: right around the median for Aussie suburbs.
Technicians, trades & labourersⓘEmployed residents in technical/trade, machinery-operating and labouring jobs.Top 50%Technicians, trades & labourers · 50% — typical: right around the median for Aussie suburbs.
Household incomeheight = share of households · weekly
Personal incomeheight = share of residents 15+ · weekly
Household and personal income sit close together — lots of single-earner or lone-person homes.
Labour forceemployment status · residents 15+
50%
50%
50%
50%
50%
Employed full-time50%Employed part-time50%Employed (away/other)50%Unemployed50%Not in labour force50%
LowMedianHighPercentile
Full-time workersⓘResidents in the labour force who are employed full-time.Top 50%Full-time workers · 50% — typical: right around the median for Aussie suburbs.
Part-time workersⓘEmployed residents working part-time, of all employed.Top 50%Part-time workers · 50% — typical: right around the median for Aussie suburbs.
Unemployment rateⓘShare of the labour force (people working or actively looking) who are unemployed — not a share of all residents.Top 50%Unemployment rate · 50% — typical: right around the median for Aussie suburbs.
Not in labour forceⓘResidents 15+ neither working nor looking for work — retirees, students, carers.Top 50%Not in labour force · 50% — typical: right around the median for Aussie suburbs.
Labour-force participationⓘResidents 15+ who are in the labour force — working or looking for work.Top 50%Labour-force participation · 50% — typical: right around the median for Aussie suburbs.
This suburb Typical range (middle 50%) Median suburb
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Census · ABS 2021
Getting around The Gap
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Transport at a glance
LowMedianHighPercentile
Public transport to workⓘCommuters who travelled to work by train, bus, ferry or tram, of those who travelled.Top 50%Public transport to work · 50% — typical: right around the median for Aussie suburbs.
Walked or cycled to workⓘCommuters who walked or cycled to work, of those who travelled.Top 50%Walked or cycled to work · 50% — typical: right around the median for Aussie suburbs.
Worked from homeⓘEmployed residents who worked from home in the Census week — elevated by COVID in 2021.Top 50%Worked from home · 50% — typical: right around the median for Aussie suburbs.
No motor vehicleⓘHouseholds with no motor vehicle.Top 50%No motor vehicle · 50% — typical: right around the median for Aussie suburbs.
Vehicles per dwellingⓘAverage number of motor vehicles per household.Bottom 18%Vehicles per dwelling · 1.00 — well below average: in the bottom 18%, fewer vehicles per home than 82% of Aussie suburbs.
This suburb Typical range (middle 50%) Median suburb
Journey to workamong commuters · top modes
Car (driver)50%
Car (passenger)50%
Train50%
Bus50%
Tram/light rail50%
Ferry50%
Walked50%
Vehicles per dwellingshare of households
50%0
50%1
50%2
50%3
50%4+
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around The Gap
No school inside The Gap itself — the closest options around it are shown. Families can choose from 13 primary schools in The Gap and its surrounds, and 9 high schools covering the secondary years. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
Within The Gap0schools in the suburb itself
Primary schools13within 5 km · nearest 2.7 km
Secondary schools9within 5 km · nearest 2.7 km
Median ICSEA rank50thenrolment-weighted
What is ICSEA Rank?
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
Nearby within19 schools
- Nearby · within 5 km · 19Order by
- 1Alice Springs School Of The AirGovernment · Combined · Co-ed · Years T-9 · Alice Springs · 2.7 kmState RankTop 1%English★★★★★★★★★★Maths★★★★★★★★★★Students175Multilingual50%ICSEA Rank50th
- 2Our Lady of the Sacred Heart Catholic CollegeCatholic · Combined · Co-ed · Years T-12 · Alice Springs · 2.7 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students175Multilingual50%ICSEA Rank50th
- 3Centralian Middle SchoolGovernment · Secondary · Co-ed · Years 7-9 · Alice Springs · 2.7 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students175Multilingual50%ICSEA Rank50th
- 4Araluen Christian CollegeIndependent · Combined · Co-ed · Years T-10 · Alice Springs · 2.7 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students175Multilingual50%ICSEA Rank50th
- 5St Philip's CollegeIndependent · Secondary · Co-ed · Years 7-12 · Alice Springs · 2.7 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students175Multilingual50%ICSEA Rank50th
- 6Bradshaw Primary SchoolGovernment · Primary · Co-ed · Years T-6 · Gillen · 2.7 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students175Multilingual50%ICSEA Rank50th
- 7Ross Park Primary SchoolGovernment · Primary · Co-ed · Years T-6 · Alice Springs · 2.7 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students175Multilingual50%ICSEA Rank50th
- 8Living Waters Lutheran SchoolIndependent · Primary · Co-ed · Years T-6 · Alice Springs · 2.7 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students175Multilingual50%ICSEA Rank50th
- 9Gillen Primary SchoolGovernment · Primary · Co-ed · Years T-6 · Gillen · 2.7 kmState Rank—English—Maths—Students175Multilingual50%ICSEA Rank50th
- 10Yipirinya SchoolIndependent · Combined · Co-ed · Years T-10 · Alice Springs · 2.7 kmState Rank—English—Maths—Students175Multilingual50%ICSEA Rank50th
- 11Centralian Senior CollegeGovernment · Secondary · Co-ed · Years 10-12 · Alice Springs · 2.7 kmState Rank—English—Maths—Students175Multilingual50%ICSEA Rank50th
- 12Sadadeen Primary SchoolGovernment · Primary · Co-ed · Years T-6 · Alice Springs · 2.7 kmState Rank—English—Maths—Students175Multilingual50%ICSEA Rank50th
- 13Acacia Hill SchoolGovernment · Special · Co-ed · Years T-12 · Sadadeen · 2.7 kmState Rank—English—Maths—Students175Multilingual50%ICSEA Rank50th
- 14Alice Springs Steiner SchoolIndependent · Combined · Co-ed · Years T-9 · Ross · 2.7 kmState Rank—English—Maths—Students175Multilingual50%ICSEA Rank50th
- 15Braitling Primary SchoolGovernment · Primary · Co-ed · Years T-6 · Braitling · 2.7 kmState Rank—English—Maths—Students175Multilingual50%ICSEA Rank50th
- 16Larapinta Primary SchoolGovernment · Primary · Co-ed · Years T-6 · Alice Springs · 2.7 kmState Rank—English—Maths—Students175Multilingual50%ICSEA Rank50th
- 17Yirara CollegeIndependent · Secondary · Co-ed · Years 7-12 · Alice Springs · 2.7 kmState Rank—English—Maths—Students175Multilingual50%ICSEA Rank1st
- 18Amoonguna SchoolGovernment · Primary · Co-ed · Years T-6 · Amoonguna · 2.7 kmState Rank—English—Maths—Students175Multilingual50%ICSEA Rank1st
- 19St Joseph's Catholic Flexible SchoolCatholic · Special · Co-ed · Years 7-12 · Alice Springs · 2.7 kmState Rank—English—Maths—Students175Multilingual50%ICSEA Rank—
GovernmentCatholicIndependent
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Census · ABS 2021
Turnover
How settled or transient the community is — and where newcomers came from.
Settledness at a glance
LowMedianHighPercentile
Settled 5+ yearsⓘResidents living at the same address as five years ago — how settled the community is.Top 50%Settled 5+ years · 50% — typical: right around the median for Aussie suburbs.
Moved in past yearⓘResidents living at a different address one year earlier.Top 50%Moved in past year · 50% — typical: right around the median for Aussie suburbs.
Arrived from overseas (5 yr)ⓘResidents who arrived in Australia from overseas within the past five years.Top 50%Arrived from overseas · 50% — typical: right around the median for Aussie suburbs.
This suburb Typical range (middle 50%) Median suburb
Where residents lived 5 years agoof those who stated
50%
50%
50%
50%
Same address50%Moved within area50%From elsewhere in Australia50%From overseas50%
Residential paceshare of residents
Moved in the past yearⓘResidents living at a different address one year earlier.50%
Moved in the past 5 yearsⓘResidents not living at the same address as five years ago.50%
Arrived from overseas (5 yr)ⓘResidents who arrived in Australia from overseas within the past five years.50%
Property market
Market snapshot
The Gap median house price & rent
Headline price, rent, yield and time on market for The Gap — choose a property type and size below.
Active segment
Houses
Units
Days on marketⓘLast 12 months
101
↑ 24 days YoY
SoldⓘLast 12 months
10
↑ +50.0% YoY
Months of supplyⓘLast 12 months
3.7mo
Median rentⓘLast 12 months
$270/w
↑ +50.0% YoY
Days to leaseⓘLast 12 months
13
↑ 7 days YoY
LeasedⓘLast 12 months
9
↑ +0.5% YoY
Gross yieldⓘLast 12 months
6.68%
Annualised
Data confidenceSales sample9GoodLease sample5Good
Segment breakdown
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Demand percentile 0–100 · last 12 months12-mo change
Sales
Rental
Demand
Segment
Sold
Price
DOM
Leased
Rent
DOM
Yield
SalesRent
01
Houses · 3 bed9 sales · 5 leases
Sold10+0.5%
Price—
Sales DOM—
Leased9+0.5%
Rent—
Rental DOM—
—
Sales—
Rent—
02
Units · 1 bed9 sales · 5 leases
Sold10▲+50.0%
Price—
Sales DOM—
Leased9+0.5%
Rent—
Rental DOM—
—
Sales—
Rent—
03
Units · 2 bed9 sales · 5 leases
Sold10▲+50.0%
Price—
Sales DOM—
Leased9+0.5%
Rent—
Rental DOM—
—
Sales—
Rent—
04
Units · 3 bed9 sales · 5 leases
Sold10▲+50.0%
Price—
Sales DOM—
Leased9▲+50.0%
Rent—
Rental DOM—
—
Sales—
Rent—
05
Houses · 2 bed9 sales · 5 leases
Sold10▲+50.0%
Price—
Sales DOM—
Leased—
Rent—
Rental DOM—
—
Sales—
Rent—
06
Houses · 4 bed9 sales · 5 leases
Sold10▲+50.0%
Price—
Sales DOM—
Leased—
Rent—
Rental DOM—
—
Sales—
Rent—
All houses
Sold10▲+50.0%
Price—
Sales DOM—
Leased9+0.5%
Rent—
Rental DOM—
—
Sales—
Rent—
All units
Sold10▲+50.0%
Price—
Sales DOM—
Leased9+0.5%
Rent—
Rental DOM—
—
Sales—
Rent—
Where each segment ranks
The Gap property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Metric
Ranked against
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
1/1above median
02550 · MEDIAN75100
Percentile vs NT
Value
Units
1/1above median
02550 · MEDIAN75100
Percentile vs NT
Value
The buy-versus-rent equation
Buying vs renting in The Gap
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
Property
Compare to
Units · Total: +1%
NT MEDIAN · +5%
Rent covers itRenting matches or beats the cost of owning−10% to 0%
BalancedMortgage roughly matches asking rent+30% to +60%
Far pricier to ownBuying costs much more than renting+100% to +130%+
BreakdownLast 12 months
Holding cost
Mortgage
Rent
Premium
Band
Assumes 80% LVR·6.0% rate·30y P&I
Premium = (weekly mortgage − weekly rent) ÷ weekly rent. Band thresholds are national breakpoints across ~11,400 eligible Australian segments — the Typical premium band spans national P25 to P75, so it’s literally what’s typical.
Market data
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Side
View
Property
Bedrooms
Radius
Compared against
Sales market velocity
3 nearby suburbs · 10km · Total unit · sales
risingfalling
DOM change YoYis demand rising or falling?
median
median
Recoveryweak but rising
Boomstrong and rising
Troughweak and falling
Peakstrong but easing
Nearby suburb
Demand index
8 / 100vs NT
Days on market
93 days▲ +23 days YoY
Median price
$214k▲ +9.1% YoY
Sold (last year)
29▼ −7.2% YoY
Nearby suburb
Demand index
23 / 100vs NT
Days on market
38 days▼ −20 days YoY
Median price
$303k▼ −1.5% YoY
Sold (last year)
12▲ +25.1% YoY
Nearby suburb
Demand index
5 / 100vs NT
Days on market
97 days▼ −1 day YoY
Median price
$241k▲ +10.2% YoY
Sold (last year)
24▲ +36.3% YoY
The Gap · this suburb
Demand index
20 / 100vs NT
Days on market
101 days▼ −24 days YoY
Median price
$282k▲ +0.5% YoY
Sold (last year)
10▲ +50.0% YoY
weakSales market velocityhow strong sales demand isstrong
This suburb Neighbouring suburbs · coloured by market phaseHover a point for its figures
Market data
The Gap against the neighbourhood
Eight diagnostic views cutting the data a different way each time — The Gap in blue, peers in colour.
Pair
View
Property
Bedrooms
Radius
How fast — and is it getting faster?
1 peer suburb · 10km · Total unit
fasterslower
DOM change YoYvs 12 months ago
median
median
Recoveringquiet but accelerating
Boomingbusy and accelerating
Stalledquiet and slowing further
Coolingbusy but slowing
Nearby suburb
Demand index
1 / 100vs Australia
Days on market
93 days▲ +23 days YoY
Median price
$214k▲ +9.1% YoY
Sold (last year)
29▼ −7.2% YoY
Gross yield
6.27%
The Gap · this suburb
Demand index
50 / 100vs Australia
Days on market
101 days▼ −24 days YoY
Median price
$282k▲ +0.5% YoY
Sold (last year)
10▲ +50.0% YoY
Gross yield
6.68%
slowDays on marketmedian days to sellfast
This suburb Neighbouring suburbs · coloured by market phaseHover a point for its figures
How much is available right now?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
View
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
|---|
median
Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
|---|
median
Severe
Very Tight
Tight
Balanced
Loose
Very Loose
Saturated
Under-suppliedOver-supplied
Market data
Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Property
The Gap — Units & Houses, all bedrooms
Jul 2021 – Jun 2026 · each point = a 12-month window
0%25%50%75%100%20222023202420252026
Sales · buyer transactions
Leases · tenant transactions
Five-year arc
The Gap median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in The Gap rose from $228k (Jul 2021) to $269k (Jun 2026) — +18.1% growth over five years — peaking at $412k between Feb 2022 and Jan 2023. Median house rent went from $230/wk to $244/wk (+6.1%) over the same period. For units, the median sale price rose from $175k to $229k (+30.8%), with rent down from $326/wk to $219/wk (−32.8%) over the same period.
PropertyBedrooms
Median price (trailing year)
Jun 2026
$269k-1.2%
5y median $303kvs last year $273k
Total sales (trailing year)
Jun 2026
9-10.0%
5y median 10vs last year 10
Days on market (trailing year)
Jun 2026
77 days-35
5y median 84 daysvs last year 112 days
Median rent (trailing year)
Jun 2026
$244/wk-33.0%
5y median $337/wkvs last year $364/wk
Total leases (trailing year)
Jun 2026
7-22.2%
5y median 12vs last year 9
Days on market (rental) (trailing year)
Jun 2026
13 days-14
5y median 24 daysvs last year 27 days
Gross yield (trailing year)
Mar 2026
5.96%+0.12 pt
5y median 4.36%vs last year 5.84%
Months of supply
Jun 2026
1.8 months-62.9%
5y median 5.3 monthsvs last year 4.8 months
Months of supply (rental)
Jun 2026
1.1 months+57.4%
5y median 1.0 monthsvs last year 0.7 months
Nearby markets
Suburbs near The Gap: prices compared
The nearest suburbs to The Gap, ranked by distance — each lined up against The Gap on the same measures, so the differences jump out at a glance.
Market
Property
Bedrooms
Radius
Colour by
This marketThe GapNT 0870 · Units · Total
Price$282k
DOM101 days
Sold10
5 markets within 5kmLast 12 months
01
Desert SpringsNT 0870 · 0.8km · Units · Total
Price$303k
DOM38 days
Sold12
priciermuch faster
02GillenNT 0870 · 0.8km · Units · Total
Price$214k
DOM93 days
Sold29
cheaperfaster
03Alice SpringsNT 0870 · 1.1km · Units · Total
Price—
DOM91 days
Sold3
faster
04CicconeNT 0870 · 1.8km · Units · Total
Price$215k
DOM75 days
Sold1
cheapermuch faster
05SadadeenNT 0870 · 2.5km · Units · Total
Price$241k
DOM97 days
Sold24
cheaperfaster
Units · TotalSales market
Stat colourHow each suburb's stat compares to The Gap
Much lowerLowerSimilarHigherMuch higher
Similar markets
Suburbs like The Gap
Suburbs anywhere in NT that behave like The Gap — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)
The Gap vs Larapinta: the closest sales-market match trades at a median of $196k against The Gap's $282k — about 31% lower, with homes selling in 67 days versus 101 days here.
Colour by
Property
Bedrooms
Market
This marketThe GapNT 0870 · Units · Total
Price$282k
DOM101 days
Sold10
Most similar sales markets · within 1.0–4 kmLast 12 months
0102030405
LarapintaNT 0875 · 4km · 70% match
Price$196k
DOM67 days
Sold12
SadadeenNT 0870 · 2km · 54% match
Price$221k
DOM65 days
Sold21
Mount JohnsNT 0874 · 2km · 40% match
Price$118k
DOM69 days
Sold10
East SideNT 0870 · 3km · 45% match
Price$185k
DOM96 days
Sold31
GillenNT 0870 · 1km · 49% match
Price$275k
DOM92 days
Sold19
Stat colourHow each suburb's stat compares to The Gap
Much lowerLowerSimilarHigherMuch higher
Comparable sales markets to The Gap: Larapinta median house price, Sadadeen property market, Mount Johns house prices, East Side house prices and Gillen average house price.
The Gap's closest rental-market twins: East Side average house price, Larapinta median house price, Mount Johns house prices and Gillen property prices. Each link opens that suburb's full market report.
Market data
Frequently asked · The Gap
26 data-driven answers about The Gap's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in The Gap?
#The median house price in The Gap, NT 0870 is $282k as of June 2026, based on 9 sales over the past 12 months. Houses there have moved +0.5% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
What is the median unit price in The Gap?
#The median unit price in The Gap, NT 0870 is $282k as of June 2026, based on 9 sales over the past 12 months. Units have moved +0.5% year-on-year and currently trade at roughly 100% of the median house price.
How much does it cost to rent in The Gap?
#The median weekly house rent in The Gap is $270 as of June 2026, drawn from 5 leases over the past 12 months. Units rent for around $270 per week. House rents have moved +0.5% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in The Gap?
#A 3 bedroom house in The Gap rents for a median $270 per week as of June 2026, drawn from 5 leases over the past 12 months. Unit rents: 1-bedroom $270/week, 2-bedroom $270/week, 3-bedroom $270/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in The Gap?
#Gross rental yield in The Gap is 6.68% for houses and 6.68% for units as of June 2026, compared with the NT unit median of 3.65%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in The Gap?
#As of June 2026, The Gap medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | $282k | $282k | $282k | $282k |
| Units | $282k | $282k | $282k | — | $282k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
What does it cost to own versus rent at the The Gap median?
#At the median The Gap unit ($282k purchase, $270/week rent), weekly mortgage repayments sit at roughly $209 — about $61 less per week than renting. That gap is the ownership premium. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.
How the market is moving
Speed, supply, growth, cycle phaseWhat are The Gap's property market trends?
#The Gap's property market trends to June 2026: house prices rose +0.5% year-on-year and units +0.5%; weekly house rents moved +0.5%; homes now sell in a median 101 days — faster than a year ago by 24; sales supply sits at 4.0 months (loose). Read together — price, rent, selling speed and supply — they show which way the The Gap market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about The Gap as an investment?
#As of June 2026 in The Gap, house prices rose +0.5% over the year, gross rental yield is 6.68% against a NT median of 3.82%, houses take a median 101 days to sell, sales supply is 4.0 months (loose). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in The Gap?
#Houses in The Gap sell in a median 101 days on market as of June 2026, with units clearing slightly similarly at 101 days. Days on market have tightened by 24 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is The Gap a tight or loose property market right now?
#The Gap's sales market sits at 4.0 months of supply for houses as of June 2026 — classified as Loose against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is tighter still at 0.5 months of supply.
Have property prices in The Gap gone up or down?
#House prices in The Gap moved +0.5% over the 12 months to June 2026, while units moved +0.5%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in The Gap?
#The Gap's house rental market sits at 0.5 months of supply as of June 2026 — classified as Severe (extreme shortage), with 9 houses leased over the past 12 months. Units sit at 2.2 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
Where is The Gap in its property market cycle?
#The Gap's house market is currently in the 'softer_firming' phase as of June 2026 — combining above-median sales velocity nationally with year-on-year tightening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.
How it compares
Vs state, vs nearby, vs popularHow does The Gap compare to other NT suburbs?
#The Gap's median house price ($282k) is 46% below the NT median ($518k) as of June 2026. On selling speed, houses clear in 101 days vs 18 days state median. On gross yield, The Gap sits at 6.68% vs 3.82% state median.
How does The Gap compare to neighbouring suburbs?
#The Gap's most-similar nearby market is Dundee Beach (1009.9 km away) with a median house price of $314k — about 12% pricier. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.
What's the most popular property type in The Gap?
#The most-transacted segment in The Gap over the 12 months to June 2026 is 2 bed houses with 10 sales. 3 bed houses come second at 10 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in The Gap last year?
#The Gap recorded 10 house sales and 10 unit sales over the 12 months to June 2026 — a combined 20 transactions. On the rental side, 9 houses and 9 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is The Gap in?
#The Gap is in postcode 0870, in the Outback region of NT. Addresses there are written as The Gap, NT 0870.
What is the population of The Gap?
#The Gap, NT 0870 is home to 1,207 residents (ABS Census 2021). The median resident age is 26, and the average household holds 2.0 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in The Gap?
#The median household in The Gap earns $1k per week — roughly $55k a year (ABS Census 2021). Median personal income runs $1k/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in The Gap?
#The unemployment rate in The Gap is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in The Gap?
#The Gap is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near The Gap?
#The Gap has 19 schools within reach — including Our Lady of the Sacred Heart Catholic College, Gillen Primary School, Centralian Middle School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is The Gap a good place to live?
#The Gap, NT 0870 has a population of 1,207, a median age of 26, a median household income around $1k/week, 50% of households renting (ABS Census 2021). There are 19 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this The Gap market data last updated?
#This The Gap market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.