If you compare the increase in value of investment property in Gray, 0830 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NT suburb was -5.21%.
Across a shorter period, Gray, 0830 has seen a median price increase of -1.14% over the last quarter.
Our latest figures would indicate that property sellers in Gray are currently offering property investors an average price cut of -4.69% below the asking price at the moment.
Gray is 10th on a list of best yielding suburbs for rents in NT with a 6.31% return