4/1 Timpson Court

Gray NT 0830

The size of Gray is approximately 1.5 square kilometres. It has 10 parks covering nearly 14.7% of total area. The population of Gray in 2011 was 3,310 people. By 2016 the population was 3,302 showing a population decline of 0.2% in the area during that time. The predominant age group in Gray is 0-9 years. Households in Gray are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gray work in a trades occupation. In 2011, 45.8% of the homes in Gray were owner-occupied compared with 46.4% in 2016.

Gray has 1,476 properties. Over the last 5 years, Houses in Gray have seen a 16.15% increase in median value, while Units have seen a 25.92% increase. As at 31 October 2024:

• The median value for Houses in Gray is $384,055 while the median value for Units is $280,368.
• Houses have a median rent of $540 while Units have a median rent of $440.