Gray at a glance
3,479
People
$625,300
Median sale
$300/wk
Median rent
2.49%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
NT › Gray › Victoria Dr
3
Bedrooms
1
Bathrooms
3
Car spaces
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
Nothing about this record stands out yet — coverage may still be filling in.
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Gray at a glance
3,479
People
$625,300
Median sale
$300/wk
Median rent
2.49%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NTNT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $300/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownNT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. This jurisdiction has no comparable official bond series in the free set.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Gray at a glance
3,479
People
$625,300
Median sale
$300/wk
Median rent
2.49%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Freedom PropertyWhether you´re looking for your very first home or adding to your property portfolio this exceptional opportunity is not to be missed. Ideally positioned walking distance to bus, parks and local schools, you´ll find all amenities within easy reach in the centre of Palmerston nearby. There are just a handful of rentals currently available in Gray, so the astute investor is sure to reap immediate rewards. And with so much potential here to update and renovate the options are endless.
Positioned on a generous 760m2 block this property is ripe for remodelling and refurbishment. The existing floorplan includes a generously proportioned living room, kitchen with adjacent dining and large walk-in pantry and all three bedrooms feature built-in robes and individual split-system air-conditioners. There is much on offer outside as well. Take advantage of side access to the fully fenced back yard, with a carport and plenty of hardstand area for boat or caravan. The shed would be suitable for a workshop or storage space, and the huge verandah is perfect for entertaining.
Getting to school will be a breeze as this property is walking distance to Good Shepherd Lutheran, Palmerston College, Scared Heart Catholic Primary, Gray Child Care Centre and Gray Primary School. Parks and playgrounds are within close proximity and it´s a short drive to ever popular Sanctuary Lakes for weekend bike rides with the kids. Convenience too, with major retail centres 5 minutes away in central Palmerston and your commute to Darwin´s city centre is an easy 20 minute drive.
Year Built: 1983
Council Rates: $1800 per year
Rental Estimate: $500-$525 per week
Area Under Title: 760m2
Vendor's Conveyancer: Naomi Wilson
Preferred Settlement Period: ASAP
Preferred Deposit: 10%
Easements as per title: None Found
Zoning: Low Density Residential
Status: Owner Occupied until 31/7
- 3 bed 1 bath home on 760m2
- Suit first home buyers, investors, renovators
- Fully fenced block, side access to shed/carport
- Kitchen with walk-in pantry & huge verandah
- Features incl: security screens, solar HWS
- Walk to bus, schools, playgrounds
- 5 mins to central Palmerston, 20 mins to CBD
Call to inspect with The JH Team today!
Listing description written by Jacob Reynolds, Freedom Property — reproduced as published, not verified by Districts.