Gray, 0830 ranked 28th 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
Over the longer term, Gray has seen property prices show investors a -11.46% return over the last 3 years. This is an improvement over the last 12 months
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.62% offered to property buyers. Sellers in Gray itself are offering an average vendor discount of -7.98% to real estate investors.
Gray, 0830’s gross rental yield is 5.51%
Gray is in the bottom 40% in NT when comparing median price capital growth over the last year. Gray gave property investors a disappointing capital gain figure when compared to the rest of the state, with -8.57%.
When looking at the potential capital gains offered to property investors over the last 3 years, Gray comes in at number 19th in NT.
In the last year 11 properties changed hands in Gray, which puts it as the 25th most active market in NT when comparing the number of sales per suburb.