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Investment Property Gray, NT, 0830

Suburb Snapshot

Gray is a suburb in the Palmerston Region of Northern Territory. Gray has a population of 3,281 people and 39.42% of its occupants live in rental accommodation. The median listing price for houses is $429,500 and this has changed -0.12% over the past year and changed 4.75% over 2 years.

The median rent in Gray for houses is $520 per week and the median rental yield is 6.29%. Stock on the market for houses/townhouses has changed -15.79% compared to last year and the average time to sell a house/townhouse is 139 days.The median listing price for units is $260,000 and this has changed -8.78% over the past year. The average unit takes 219 days to sell and the median rent for a unit in Gray is $410 per week, producing a rental yield of 8.20%.

Supply & Demand in Gray, Palmerston

1.61%

Current vacancy rate


23

Rental stock available


3,281

Population


39.42%

Rental population


1.70%

Current vacancy rate


265

Rental stock available


33,788

Population


40.81%

Rental population


1.12%

Current vacancy rate


1,151

Rental stock available


228,837

Population


38.00%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Gray, Palmerston

  House Townhouses Units
Median listing price $429,500 NA $260,000
Median price change - last quarter -1.27% NA -4.59%
Median price change - 1 year -0.12% NA -8.78%
Median price change - 2 years 4.75% NA 0.58%
  House Townhouses Units
Median weekly rent $520 NA $410
Median yield % 6.29% NA 8.20%
Median rent change - 1 year 4.00% NA 2.50%
  House Units
Previous month sales 3 2
Stock on market previous month 16 11
Stock variance vs. last year -15.79% 37.50%
Average days on market 139 219

Gray investment property listings

Showing 5 of 24 investment properties found in Gray on realestateinvestar.com.au

27/14 Priest Cct, Gray

$295,000

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INVEST NOW, LIVE IN LATER!

Neat as a pin, this three-bedroom unit delivers lovely, low maintenance living within a quiet gated complex, complemented by open-plan living space connecting to a private verandah and grassy courtyard. Effortless three-bedder in end-of-unit position within complex Great investment, downsizer or ...

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Unit

NT 0830


6 Bedwell Ct, Gray

$399,000

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First Home Buyers Take Note!

Situated in the established suburb of Gray, this charming 3-bedroom 2-bathroom home at 6 Bedwell Court is an ideal opportunity for first home buyers to break into the market. Freshly painted interiors provide a welcoming atmosphere, and the thoughtful layout ensures both privacy and functionality. ...

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House

NT 0830


1/33 Dillon Cct, Gray

$305,000

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Duplex. Private Yard with Pool. No Body Corporate!

Often sought but rarely found, this spacious 2-bedroom, ground-level home fuses an abundance of character with charm and practicality & is absolutely bound to excite. Nestled on a generously sized corner allotment, this home offers the luxury of your very own yard, complete with a pool and shed, ...

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Unit

NT 0830


2/34 Hannibal Cres, Gray

$369,000

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DUPLEX UNIT

Ground level duplex unit with tenant in place AND UNIT 1 NEXT DOOR is also for sale with a tenant in place so grab this double investment opportunity while it is still available and offering a combined rental return of $830/week gross. The complex is strata titled so buy both or either unit as ...

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NT 0830


1/34 Hannibal Cres, Gray

$369,000

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DUPLEX UNIT

Ground level duplex unit with long term tenant in place AND UNIT 2 NEXT DOOR is also for sale with a tenant in place so grab this double investment opportunity while it is still available and offering a combined rental return of $830/week gross. The complex is strata titled so buy both or either ...

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NT 0830


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