71 Priest Circuit, Gray, NT 0830 | Property Value & History | OnTheHouse
OFF MARKET

71 Priest Circuit
Gray NT 0830

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 143m2
Land area: 904m2
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Property Details for 71 Priest Cct, Gray

71 Priest Cct, Gray is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1984. The property has a land size of 904m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
House
Year Built
1984
Floor Size
143m2
Land Size
904m2
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 939/S 83/153

Last Listing description (November 2026)

Text 71PRI to 0480 001 403 for more property information

An excellent opportunity for investors looking for immediate rental income, or owner-occupiers wanting to secure a property with plenty of potential and room to make their own!

Welcome to 71 Priest Circuit, Gray an elevated Territory home offering four bedrooms, two bathrooms, a swimming pool and generous undercover entertaining. With all the key ingredients already in place, including four brand-new air conditioners installed in 2026 across all bedrooms, this property offers plenty of scope to add your own touches and make the most of what it has to offer!

For investors looking to expand their portfolio, this is an opportunity to secure an income-producing property with immediate returns, attractive rental potential and plenty of scope for the future!

Currently leased at $700 per week until February 2027, the property offers rental income from the get-go, with the potential to achieve a 6%+ gross rental yield!

With an established tenancy already in place, incoming investors can enjoy the benefit of an existing income stream without the immediate need to source a tenant, making it an appealing addition to an investment portfolio.

And with the current lease coming to an end in a few months, investors will have the flexibility to reassess their rental arrangements and position the property the way they want for the next chapter.

Upstairs offers comfortable open-plan living and dining, a functional kitchen and three bedrooms, while downstairs provides the added bonus of a spacious rumpus room / fourth bedroom, complete with its own brand-new air conditioner, alongside an ensuite bathroom ideal for larger families, guests or those wanting some additional space.

Outside, the property really comes into its own, the swimming pool is perfect for those hot Darwin days, while the generous undercover entertaining area provides plenty of extra room for weekend BBQs, family gatherings, or simply relaxing outdoors.

With the current lease expiring in February 2027, owner-occupiers have the opportunity to secure their next home now and have the flexibility to plan their move for the months ahead.

Offering four bedrooms, two bathrooms including an ensuite, a swimming pool and generous undercover entertaining, 71 Priest Circuit, Gray has all the Territory essentials already in place! Whether you're an investor seeking immediate rental returns with the potential to add value over time, or an owner-occupier looking for an entry-level home to make your own, this property offers the space, features and flexibility to make the most of what it has to offer!

Contact Lloyd Zahra on 0411 944 890 today for further information or to arrange a private inspection!

Council Rates: $2,161.66 per annum (approx)
Date Built: 1984
Area Under Title: 904 square metres
Zoning Information: LR (Low Density Residential)
Status: Tenanted at $700 per week until Feb 2027
Swimming Pool: Compliant to Non-standard Safety Provision
Easements as per title: Sewerage Easement to Power and Water Authority

Property History for 71 Priest Cct, Gray, NT 0830

A timeline of how this property has performed in the market
Last Sold
$430,000
15 Nov 2024
  • 03 Nov 2026
    Listed for Sale CONTACT AGENT | POTENTIAL 6%+ GROSS RENTAL YIELD!
  • 15 Nov 2024
    Sold for $430,000
  • 02 Aug 2022
    Listed for Sale Contact Agent
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About Gray 0830

The size of Gray is approximately 1.5 square kilometres. There are 10 parks, covering nearly 14.7% of the total area. The population of Gray in 2016 was 3288 people. By 2021 the population was 3142 showing a population decline of 4.4% 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 $1400 - $1799 per month on mortgage repayments. In general, people in Gray work in a trades occupation.In 2021, 46.60% of the homes in Gray were owner-occupied compared with 46.40% in 2016.

Gray has 1,473 properties. Over the last 5 years, Houses in Gray have seen a 64.35% increase in median value, while Units have seen a 37.55% increase. As at 31 October 2026:

  • The median value for Houses in Gray is $610,211 while the median value for Units is $397,282.
  • Houses have a median rent of $640 while Units have a median rent of $540.
There are currently 8 properties listed for sale, and 5 properties listed for rent in Gray on OnTheHouse. According to Cotality's data, 105 properties were sold in the past 12 months in Gray.

Suburb Insights for Gray 0830

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.