The Gap QLD 4825

Here you can find what you need to know about The Gap, QLD, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$245k Median Sale Price (National Average $485k) 259th In QLD
10.11% Median Price Change (1 yr) (National Average 4.30%) 471st In QLD
$390pw Median Rent (National Average $395) 251st In QLD
8.3% Median Gross Yield (National Average 4.24%) 104th In QLD
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Properties sold 8
Average discounting -6.30%
Average Days on Market 77
Stock on Market 13 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

The Gap, QLD National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

The Gap, QLD National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

The Gap, QLD National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in The Gap


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State Auction Clearance Rates - January 2019

Auctions Clearance rate
QLD 13 17%
NSW 7 0%
SA 2 50%
TAS 1 0%
VIC 4 0%

Local Schools


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Suburb Information

The Gap, QLD 4825

Part of: Mount Isa Council No data available

The size of The Gap is approximately 0.7 square kilometres. It has 3 parks covering nearly 20.3% of total area. The population of The Gap in 2011 was 801 people. By 2016 the population was 824 showing a population growth of 2.9% in the area during that time. The predominant age group in The Gap is 20-29 years. Households in The Gap are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in The Gap work in a trades occupation. In 2011, 37.7% of the homes in The Gap were owner-occupied compared with 38.4% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in The Gap

Demographic data provided
by Australian Bureau of Statistics


Market Trends for The Gap   for Houses in last 12 months


There have been 8 Houses sold in The Gap in the past 12 months with a median sale price of $245K, up 10.11% annually. It takes on average 77 days to sell with vendor discounting of -6.3%.

Streets in The Gap


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Tugun QLD, 4224 7.83% $647,000 $590pw 4.7% View Suburb Profile
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Upper Mount Gravatt QLD, 4122 1.74% $645,000 $430pw 3.5% View Suburb Profile