Are you looking to purchase a home or investment property in The Gap? As local Buyers Agents we’d be happy to help and have compiled the following suburb profile for your information. Best wishes with your property purchase in The Gap!
The Gap is a leafy family friendly suburb located 9km North West of the Brisbane CBD and at the foothills of Mt Coot-tha. The Gap is home to Walkabout Creek, a wildlife education centre and a great spot to enjoy Enogerra Reservoir either by foot, bike or canoe! The Gap is bordered by the suburbs of Ashgrove, Bardon and Upper Kedron.
The population of The Gap in 2016 was around 16,709 and continues to grow. 83% of households in The Gap are owner occupied and consistent predominantly of professional couples (aged 40-49 years) with children.
The Gap’s main shopping and cafe precinct is located at the Gap Village Shopping Centre on Waterworks Road.
Convenient bus services connect The Gap with the Brisbane CBD via Waterworks Road. There are park-and-ride stations located at Illowra St and the Enoggera Reservoir.
Busses are able to use the T2 transit lanes during peak times which makes the commute to and from the city by public transport quicker compared to traveling by car.
The Gap is well known for its excellent state primary and high schools including The Gap State School, Hilder Road State School, Payne Road State School and The Gap State School. The area is also home to St Peter Chanel Primary School (private).
There is an abundance of parks, sports grounds and green spaces in the suburb. Mt Coot-tha State Forest and D’Aguilar National Park are only a short drive away.
Local residents can also use bicycle paths to commute to the CBD.
The vast majority (87%) of properties in The Gap are free standing houses.
The majority of houses in the Gap are double storey brick and tile homes built around the 1980s. The average block size is 600m2.
The median house price in The Gap is $1,165,000 which is above Brisbane’s median.
The median house price in The Gap would typically buy a 3 bedroom, 1 bathroom house on a 619m2 block. For example: 62 Belclare Street The Gap soldfor $1,160,000 in June 2024 (click to view listing and see images below).
The median unit price in The Gap is: $871,870.
This amount would typically buy a 3 bedroom 1 bathroom townhouse. For example: 9/15 Kaloma Rd, The Gap QLD sold for $905,000 in July 2024 (click to view listing and see images below)
In the 12 months to August 2024, house prices in the Gap have increased by 20.1%. In the last 5 years the median house price has increased by 84.1%.
Units in The Gap have seen more modest price growth increasing by 5.1% over the last 12 months and by 49.1% over the last 5 years.
**Statistics are accurate for August 2024
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