GRAY 0830
State: NTPosiProp AI Investment Summary
GRAY (NT 0830) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.5% and has experienced a 12-month capital growth of Up 34.8%, with a median house buy price of $600,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$420,000
$600,000
$645,000
$600,000
Suburb Market Profile
Last month Gray had 12 properties available for rent and 17 properties for sale. Median property prices over the last year range from $600,000 for houses to $360,000 for units. If you are looking for an investment property, consider houses in Gray rent out for $620 PW with an annual rental yield of 5.5% and units rent for $538 PW with a rental yield of 7.6%. Gray has seen an annual compound growth rate of 34.8% for houses and 27.7% for units.
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