Gray has had a quite poor year for property investment returns compared to the rest of NT, giving investors a capital gain of -8.68% to date .
If we look at median property appreciation over just the last three months, Gray has given property investors a paper return of -0.86%. This puts Suburb as 28 on a list of fastest fasting appreciating suburbs in NT
Vendor discounting in Gray is giving property investors an average Vendor Discount of around -4.69%. This puts suburb at number 36th in NT when ranking the most discounted suburbs.
Residents and property investors in Gray have been waiting around 121.6 days to sell a property.
Renters in Suburb are facing rents around $22100 per annum or $425 every week.
Gray has had a very poor year for property investment returns compared to the rest of NT, giving investors a capital gain of -28.19% to date .
Taking the average capital gain, or increase in median house value, Gray,0830 has racked up an average of -28.19% over the period. This ranks it number 1727th in the whole country for real estate investors looking at median house price increases.
Using the current median advertised rental of $320 and the average annual increase in value of a median property of -0.85%, investors should hope to achieve an overall return of 8.32%