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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 $430,000 and this has changed 0.11% over the past year and changed 0.00% over 2 years.

The median rent in Gray for houses is $550 per week and the median rental yield is 6.65%. Stock on the market for houses/townhouses has changed -61.11% compared to last year and the average time to sell a house/townhouse is 170 days.The median listing price for units is $295,000 and this has changed 11.32% over the past year. The average unit takes 122 days to sell and the median rent for a unit in Gray is $440 per week, producing a rental yield of 7.75%.

Supply & Demand in Gray, Palmerston

0.98%

Current vacancy rate


14

Rental stock available


3,281

Population


39.42%

Rental population


1.23%

Current vacancy rate


193

Rental stock available


33,788

Population


40.81%

Rental population


0.59%

Current vacancy rate


610

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 $430,000 NA $295,000
Median price change - last quarter 1.17% NA 11.53%
Median price change - 1 year 0.11% NA 11.32%
Median price change - 2 years 0.00% NA 3.50%
  House Townhouses Units
Median weekly rent $550 NA $440
Median yield % 6.65% NA 7.75%
Median rent change - 1 year 4.76% NA 6.02%
  House Units
Previous month sales 8 2
Stock on market previous month 7 3
Stock variance vs. last year -61.11% -76.92%
Average days on market 170 122

Gray investment property listings

Showing 3 of 3 investment properties found in Gray on realestateinvestar.com.au

55 Cornwallis Cct, Gray

$570,000

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SOLID ELEVATED! MOVE IN READY.

Classic elevated design, set on a generous block in a well-established suburb. Freshly painted inside with polished hardwood floors throughout, the home offers clean, comfortable living from day one. The kitchen and bathroom remain original completely functional as is, with clear scope to update ...

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House

NT 0830


9 Edgecumbe Ct, Gray

$699,000

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Spacious Family Living

Set on a generous 826m easement-free allotment in a quiet cul-de-sac, this well-presented ground level home offers space, comfort and convenience just minutes from Palmerston CBD. Surrounded by lush tropical gardens and positioned on a gently sloping block, the property provides a relaxed ...

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House

NT 0830


17/6 Wright Cres, GRAY

$0

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UNIQUE FREESTANDING UNIT WITH SIDE ACCESS A TRUE HIDDEN GEM IN G

Welcome to 17/6 Wright Crescent, Gray a property that genuinely stands out from the crowd and offers something incredibly rare in today's market. This is not your typical unit. This is a fully freestanding home with no shared walls, delivering privacy, space and independence that you simply don't ...

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Unit

NT 0830


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