With a capital gain of -11.28% for the last 12 months, Gray, 0830 has performed for property investments than its average annual 0.97% property growth over the last 5 years.
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.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Gray, 0830. Typically our figures indicate that -8.63% is being offered, which puts this NT suburb at 555th most discounted overall in Australia.
In the last year 28 properties changed hands in Gray, which puts it as the 16th most active market in NT when comparing the number of sales per suburb.
With a capital gain of -29.31% for the last 12 months, Gray, 0830 has performed for property investments than its average annual -0.43% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Gray has given property investors a paper return of -13.14%. This puts Suburb as 22 on a list of fastest fasting appreciating suburbs in NT
Situated 15.53km from the CBD, Gray is one of Palmerston localities in the postcode 0830.