Powered by MOMENTUM MEDIA
Gray
AREA REPORTS

Gray

Gray - SUBURB PROFILE REPORT
POSTAL CODE: NT, 830

house
unit

Based on its average 5-year and quarterly capital gains GRAY, 830 saw average growth 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 -1.61% decrease over a ten-year period. It ranks 4456th on our list of suburbs that property investors should look into.

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

GRAY, 830 has a capital gain of 8.41% for the past year, which is higher than average compared to its -22.82% growth within a five-year period.

With the median home price in GRAY sitting at $341,500, and the average rent at $450, property owners could potentially earn a 6.85% 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 8.41% 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 36th.

Data report can be found below

Gray
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $341,500 $265,000
GROWTH REPORT
Median Quarterly 2.71% 12.77%
Median 12 month 8.41% N/A
Median 3 years -2.43% 40.14%
Median 5 years -22.82% -20.3%
10 years average annual -1.61% 0.66%
Weekly media advert. rent $450 $320
Time on Market 76.6 days 0.0 days
Gross Rental Yield Percent 6.85% 6.28%
demographics (median values)*
Total Population
18207
Weekly Household Income
2035
Household Size
2.80
Age
31
Monthly Loan Repayment
2167
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.