NT has seen average median house prices change by -3.48% which means that Gray, 0830 has not done well for property investors by showing a capital gain of -2.25% over the last year
Gray,0830 was ranked 2937 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Gray are currently offering property investors an average price cut of -8.00% below the asking price at the moment.
Gray, 0830 ranked 18th in NT when comparing growth in median property values or capital gain over the last 12 months. Gray is one of 124 in our list for NT
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Gray has fallen somewhat when compared to the 5 year average annual rate.
Advertised rents are around the $355 mark per week – giving a return of 5.95% based on the median price in Suburb