NT has seen average median house prices change by -4.85% which means that Gray, 0830 has not done well for property investors by showing a capital gain of -7.87% over the last year
While Gray,0830 ranked number 33th in NT for increase in median house value (annualised) increase, it is ranked 29th over the last 5 years.
Vendor discounting in Gray is giving property investors an average Vendor Discount of around -7.18%. This puts suburb at number 22th in NT when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Gray the average time real estate has been on the market is 98 days.
Gray, 0830’s gross rental yield is 5.71%