Gregory Real Estate, NT, 852 Victoria Daly

Thinking about buying in Gregory? Now could not be a better time, with just 11 residential dwellings it's a highly sought after location.

Distance to the coast is 87 Km.

Gregory Real Estate Market Outlook

In Gregory there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Gregory is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Gregory leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Gregory the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

About

Properties For Sale

Local Schools


None within suburb boundary

(While the above schools are located with the suburb of Gregory there may also be nearby schools whose catchments cover this suburb)

Local Crime Rates


Average Local Climate by month


(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan7.625.235.740.285.5223.2
Feb6.524.134.444.687.11.521.6
Mar4.223.634.741.286.71.522.5
Apr0.219.735.624.379.31.621.9
May0.314.331.824.174.11.620.1
Jun010.729.821.975.21.619.3
Jul011.631.017.660.91.620.2
Aug013.934.716.8641.322
Sept0.317.536.614.753.52.124.5
Oct1.821.737.917.356.82.426.1
Nov2.924.338.823.471.71.826.8
Dec6.225.236.836.784.01.824

source: Australian Government Bureau of Meteorology

Recently Sold Properties / House Prices

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