The Gap Property Market Posts Double-Digit Median Growth Rates

The Gap property market has seen strong growth and brisk demand in 2021, as both house and unit markets posted double-digit median growth rates within the 12-month period ending September 2021.


  • The median house price for The Gap picked up by 17.77 per cent from October 2020 to September 2021, whilst the median unit price also grew by 15.57 for the same period.
  • The median house price in The Gap now sits at $870,000 and the median unit price is nearly in the same price range at $705,000.
  • The Gap is defying all odds with the housing and unit sectors both performing well as pre-COVID activities have returned in recent months. 

The Gap Property Market

From October 2020 to September 2021, The Gap’s housing market tracked a 17.77 per cent median house price growth compared to last year, from $738,750 to $870,000. Figures from Property Market Updates indicated that 308 houses were sold for this period, moving at a brisk pace of just 20 days on market.    

More than half of the properties sold were three and four-bedroom homes, perfect for established families. Supplies for two-bedroom properties in The Gap are currently low, whilst competition is tight among buyers looking to acquire spacious character-filled wooden homes in this leafy and hilly suburb.

The Gap Median House Price Growth
Photo Credit: Property Market Updates 

In the past, city dwellers visit The Gap for weekend picnics at its abundant bush retreats. Today, city professionals have this suburb under their radar as a residential option with the tighly-held property market raking in an average of 1,239 property visits from interested investors, per

Median Unit Price Growth

The apartment market in The Gap has also gained significantly, with the median rising from October 2020 to September 2021 by 15.57 per cent. The median unit price has landed at $705,000, up from $610,000 in the previous year. 

Unlike the housing market, however, movement in the unit market was slower, with listings averaging 55 days on market. There were 77 units sold for this particular time period, with more sales for three-bedroom apartments. 

The Gap Median Unit Price Growth
Photo Credit: Property Market Updates 

The housing sector has generally outperformed the apartment sector, especially at the height of the pandemic crisis. However, a shift in the market has slowly emerged as pre-COVID activities have returned. 

About The Gap

This family-friendly suburb located nine kilometres northwest of the CBD boasts of many sites for nature sports as it sits on the foothills of mountains like Mount Coot-tha, Mount Glorious, and Mount Nebo. The Gap is one of the greenest places in Brisbane, where outdoor fun is the main recreational activity.

The community predominantly consists of professionals who are mostly long-term homeowners with older children. Families are spoilt for choice at the number of parks, walking or biking tracks, and wildlife adventures to be enjoyed around its natural riches.

Photo Credit: Google Maps

The Gap provides plenty of school options for young kids, including the award-winning The Gap State High School. 

Though The Gap doesn’t offer a fast-paced urban lifestyle compared to other middle-ring suburbs, the residents still enjoy adequate access to shopping and dining hubs. For the more selective locals, more choices for dining and shopping are within 10-20 minutes away by car at Chermide, Indooroopilly, Ashgrove, Bardon, or Paddington. 

“Lived there for 10 years, its very scenic but I just wish there was more to do locally.”


“The Gap is only 9/10 km from Brisbane city centre and has clean air, beautiful walking / cycling tracks; great schools and a real sense of community. Its safe and very friendly – the kind of neighbourhood where children play in the street and many of the people who live there grow their own herb gardens, sharing their produce with their neighbours. Its quite an affluent suburb with many residents being business owners. There is a village centre where you can buy all your groceries and daily needs.”


“Having lived in many different places around Brisbane and overseas, I’ve come to the conclusion that I will ALWAYS call The Gap my home and will live here as long as possible (and considering there’s a retirement place, that’s gonna be a while!).The Gap is a beautiful leafy suburb filled to the brim with friendly people (not creepily so, mind!). The main reason I love living in The Gap is the peace and quiet and ease of access to the hustle and bustle when you decide you’re in need of a night out.”


The Gap Property Market Shows Steady Growth, Consistent Demand

Buyers looking for more spacious houses in family-friendly surrounds in the wake of a Covid-induced rise in home-based activities are looking at suburbs like The Gap, where properties are on bigger blocks, surrounded by nature, yet still accessible to lifestyle amenities, transport, and good schools.

The Gap is doing consistently well in the property market, posting an 11.23 percent rise in median house price from July 2020 to June 2021. At $812,500, The Gap is still more affordable than suburbs like nearby Ashgrove where the median house price for the same period is currently $1.2 million, per data from Property Market Updates

Despite the lockdowns in the region, sales activity was busy with 293 houses sold during the 12-month period. Inventory turnover was brisk, with houses spending an average of 29 days on market, suggesting strong and consistent buyer demand. 

Photo Credit: Property Market Updates

A 6.48-hectare estate on Dillon Road delivered the best deal for this period, selling at $2,700,000 million. The six-bedroom house, surrounded by orchards of mangoes, avocado, and macadamia trees, was on a hilltop that offered a stunning view of The Gap. The property is next to an active creek that flows like a waterfall during rainy weather. 

Unit Price Growth

Whilst the housing sector has typically done better in Brisbane, the unit sector in The Gap also saw a presentable 5.39 percent rise during the same period, with the median price settling just shy of $700,000 at $699,500. 

A total of 60 apartments were sold as of the end of June 2020, mostly to downsizers, young buyers, and owner-occupiers. 

Photo Credit: Property Market Update

About The Gap

The Gap might not be the cafe mecca or retail hub that some nearby suburbs are but buyers seem to be drawn to its family-oriented location, and its proximity to national parks and nature reserves, whilst still remaining accessible to the city. 

Situated in the middle of Mount Glorious, Mount Nebo, Mount Coot-tha, and Taylor’s Range, The Gap offers a fantastic outdoor lifestyle with lots of stunning green spaces for the family to explore.

Photo Credit: Google Maps

Generations tend to remain and expand their families in The Gap, given its abundance of options for school, such as The Gap State School or the St Peter Chanel Catholic School. Residents prefer its simple and laidback vibe. The Gap Village also offers a decent suburban shopping experience. 

Majority of residents in The Gap are owner-occupiers whilst the demographic is nearly equal between families with kids and fully-employed single people.  

“I’ve lived in The Gap since 1983 in two locations, it is a lovely green and leafy suburb situated against state forest land. This is the ideal place for people with a bit more disposable income who like the traditional quiet suburbia setting. If you like that sort of thing you’ll never leave.”

Ollygt, Homely

“So I moved to The Gap at the start of the year after looking at everywhere north to north west of the city. The gap offers extra space whilst also having a rural and village feel to it. It’s surrounded by walking trails and wildlife. I’m planning to have a family and could not think of anywhere better to raise my kids.”

HenryL14, Homely

“This is the second time I have lived here, in a rental. We are at the Mt Nebo end of The Gap with the leafy reserve across the road. Bush tracks galore, bike path, Mt Coot-tha, Yoorala St Community Garden, the dog off-leash park, heaps of dog walkers who pick up after their dogs and committed conservationists who volunteer their time to keep the bush surrounds shipshape.”