SOLD
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Sold on 24 Nov 2023 for $180,000

7/2 Timpson Court
Gray NT 0830

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 208m2
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Property Details for 7/2 Timpson Ct, Gray

7/2 Timpson Ct, Gray is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 208m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Gray in the last 12 months.

Building Type
Unit
Land Size
208m2
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 1101/S 82/187

Last Listing description (November 2023)

Opportunity Knocks - First home or your next investment!

This affordable property offers potential to both homeowners and small investors.

* Single level unit in a small complex of 9 units

* 2 bedrooms
* 1 bathroom
* Generous open-plan living area
* Tiled floors
* Built-in robes in the bedrooms
* Large bathroom
* A big rear yard and a side yard
* Area under title approx. 208 sqm
* Pool in the complex
* Very short walk to the Palmerston CBD

Strata fees approx $1400pq
Palmerston City rates $1326p.a plus Garbage Cost $527p.a

Property History for 7/2 Timpson Ct, Gray, NT 0830

A timeline of how this property has performed in the market
Last Sold
$180,000
24 Nov 2023
Listed for Rent
$420/w
07 Oct 2022
  • 11 Dec 2023
    Sold for $142,200
  • 11 Dec 2023
    Sold for $37,800
  • 07 Jul 2023
    Listed for Sale Not Disclosed
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About Gray 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 1,485 properties. Over the last 5 years, Houses in Gray have seen a 24.98% increase in median value, while Units have seen a 16.05% increase. As at 31 July 2024:

  • The median value for Houses in Gray is $400,105 while the median value for Units is $274,273.
  • Houses have a median rent of $530 while Units have a median rent of $440.
There are currently 25 properties listed for sale, and 1 property listed for rent in Gray on OnTheHouse. According to CoreLogic's data, 67 properties were sold in the past 12 months in Gray.

Suburb Insights for Gray 0830

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.