AREA REPORTS

Gray

Suburb Profile

Gray - FREE SUBURB PROFILE REPORT
POSTAL CODE: NT,830

house
unit

Based on its average 5-year and quarterly capital gains GRAY, 830 saw average decrease in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that GRAY, 830 obtained a 1.31% growth over a ten-year period. It ranks 3480th on our list of suburbs that property investors should look into.

GRAY, 830 in NT belongs to the local government area of Palmerston.

GRAY, 830 has a capital gain of -12.35% for the past year, which is lower than average compared to its -23.98% growth within a five-year period.

With the median home price in GRAY sitting at $355,000, and the average rent at $440, property owners could potentially earn a 6.45% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in GRAY are high, as opposed to average gains per annum over the past five years.

A -12.35% increase in median property prices in GRAY, 830 has allowed this suburb to join the ranks of best performing suburbs in NT, settling at number 39th.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $355,000 $225,000
GROWTH REPORT
Median Quarterly -1.39% N/A
Median 12 month -12.35% N/A
Median 3 years -29.74% -36.62%
Median 5 years -23.98% -40%
10 years average annual 1.31% N/A
Weekly media advert. rent $440 $320
Time on Market 155.9 days 123.8 days
Gross Rental Yield Percent 6.45% 7.4%
demographics (median values)
Total Population
3290
Weekly Household Income
876.9
Household Size
2.50
demographics
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