9 Edgecumbe Court, Gray NT 0830
9 Edgecumbe Court, Gray NT 0830
large land footprint on a compact house | easement-free cul-de-sac lot | single-level layout in school catchment | family-oriented suburb proximity to Palmerston CBD
A spacious land parcel in relation to a modest internal footprint is offered on rare easement-free land in a quiet cul-de-sac. This configuration is comfortably positioned within Gray’s family-oriented suburb character, where single-level homes are common but not always on such generous lots. It is best suited to families prioritizing school catchment access and outdoor space, as well as downsizers who want ground-level living without the maintenance of a larger home.
Factors that may materially affect the property’s value include its 1995 build year, which could be seen as less modern by some buyers, and the lack of detailed finish specifications, possibly limiting its premium appeal. The large land area might present opportunities for future development, but this would require verification of zoning and council approval, which could be a consideration for investors.
Detailed Independent Property Report prepared by PropCred Analyst team for 9 Edgecumbe Court, Gray NT 0830
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
2
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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
3
Land
826m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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