Gray 0830
Market analysis for investment properties in Gray
Median Price
$552,500
Trend:Accelerating
+32.3%
Median Rent
$580/pw
Trend:Steady
+3.1%
Rental Yield
5.46%
Trend:Decelerating
-22.1%
Median DoM
5 Days
Trend:Decelerating
-44.4%
Market Analysis
Why investors are watching Gray right now.
Shopping in Gray is convenient with the nearby Oasis Shopping Centre in Palmerston providing a range of retailers, supermarkets, and dining options for residents.
Gray offers access to several schools in Palmerston, including Gray Primary School and Palmerston College, catering to both primary and secondary education needs within the suburb.
Public transport options from Gray to the Northern Territory's CBD include bus services such as the Buslink route 75, providing direct routes to Darwin CBD, approximately 20 kilometers away.
Residents in Gray can enjoy the surrounding greenery at nearby parks like Marlow Lagoon Park and Marlow Lagoon Conservation Reserve, offering recreational spaces for outdoor activities and relaxation.
The suburb of Gray benefits from its proximity to green spaces and outdoor recreational areas while still having access to essential amenities and transport links to the Darwin CBD, making it an attractive location for families and individuals seeking a balanced lifestyle.
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Capital Growth
Historical Performance
Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.
Market Vitals
Market Dynamics
Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.
Unlock Market Vitals
See live suburb and LGA market signals.
The Ripple Effect
Explore Nearby Opportunities
Investors analyzing Gray often compare these adjacent markets for better entry points or higher yields.
Strategy by LighthousePA
Where will Gray be in 2026?
Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Gray, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.
- Wealth Planning
- Ownership Structuring
- Buyers Advocacy
- Property Negotiation
Investment Insights & FAQ
Frequently asked questions about the Gray property market in 2026.
As of March 2026, the Gray property market presents a dynamic investment landscape. Over the last 12 months, houses have seen an annual growth rate of 32.34% and units have grown by 27.17%. These figures reflect the evolving demand within Palmerston, offering potential for capital appreciation.
Based on the latest market snapshot, median property prices in Gray range from $552,500 for houses to $337,000 for units. These values are calculated based on recent transaction data and current buyer activity across the Palmerston region.
For investors targeting cash flow, houses rent for $580 /pw with a 5.46% yield, while units rent for $500 /pw with a 7.72% yield. This rental performance is a key indicator of strong tenant demand within the Gray area.
Market Insights Last Updated: March 2026