17 Emery Avenue, Gray NT 0830

17 Emery Avenue, Gray NT 0830
Standalone house on 809sqm in Gray | 3 bed, 2 bath with balcony and built-in robes | Fully fenced block in Palmerston LGA | Likely priority enrolment at Gray Primary and Palmerston College | No flood, bushfire or heritage overlays detected A detached house on a full-sized block in Gray is a rare configuration in a suburb where recent sales are dominated by smaller units. The 809sqm land, balcony, and built-in robes give this property a clear edge over nearby two-bedroom offerings, and the fully fenced yard broadens its appeal to families or buyers seeking outdoor space. The mid-estimate of $590k positions it well below the cost of comparable houses closer to Palmerstonโ€™s centre, meaning it serves buyers who need a standalone home with school catchment access without paying a suburb premium. The main risk here is the lack of recent comparable house sales on Emery Avenue, making the valuation range wider than ideal. However the absence of flood, bushfire, or heritage overlays removes common deal-breakers, and NBN Fibre to the Premises in the area is a supporting convenience. The opportunity lies in the propertyโ€™s configuration being out of step with the local unit-heavy market, which could mean less competition at inspection and a stronger negotiating position for a buyer who values land and privacy over turnkey finishes.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 17 Emery Avenue, Gray NT 0830
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Market Insight:

Gray presents a compelling profile as a young, family-oriented suburb with a significant rental base, indicating strong investor and occupier demand. Recent price trends for houses show some volatility, while the unit market demonstrates more consistent growth. The suburb’s future is underpinned by its demographic profile and a tightening supply of houses, though this constrained stock also presents a key market risk for buyers seeking entry.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

1375mยฒ

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