Not sure where to invest? Take the 2-min quiz and we'll rank your top 10 suburbs.
Take the 2-min quiz12,000+ suburbs | 110k+ live listings | refreshed daily
Sign up free to save this suburb, build a shortlist, and compare against 12,000+ Australian suburbs.
See a sample suburb report before signing up or paying. | Take the 30-second product tour
Gray, TAS 7215
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$895,000
list-price estimate
Median Unit
$570,000
list-price estimate
Gross Yield (houses)
4.4%
1yr Growth
-
Investment snapshot for Gray
Gray has enough public data for first-pass screening across yield, vacancy, price and supply signals.
Read the full Gray verdict
Pros, risks, supporting metrics, investment score and cashflow. Included with Pro access.
Short-term access. No subscription. See all plans
See sample analysis before paying.
Investment score breakdown
See exactly which signals drive Gray - yield, growth, affordability, vacancy, livability, safety, and demographics.
Access from $20. Cancel anytime. See all plans
Secure checkout by Stripe. Cancel anytime.
Gray market and investor summary
In Gray, TAS 7215, houses show a gross rental yield of 4.4%. At 2.4% vacancy, it is a broadly balanced rental market.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.4% is neither a standout cashflow play nor a pure growth bet. Houses also take time to sell, around 270 days on market, so plan for a slower exit if you ever need one.
Living in Gray: people, income and schools
Gray is home to around 71 people, and the area has been growing steadily, up about 8% over five years. The median age is 54, an older, established demographic, and 76% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $35,000 a year, or roughly $680 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10).
There is 1 school within about 5km, testing close to the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 71
- +8% over 5yr
- Median age
- 54 years
- Median household income
- $35,000/yr
- Households renting
- 21%
- Family households
- 53%
- Socio-economic rank
- 2/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 959
- Unemployment
- 5.1%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Gray
No properties currently listed in Gray
Search Gray listings →Frequently asked questions about Gray
What should I check before investing in Gray?
Gray has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.4% gives a usable rent-to-price starting point. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What rental yield does Gray show?
The gross rental yield in Gray is 4.4% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Gray?
The current vacancy rate in Gray is 2.4%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Gray?
Gray has a population of approximately 71 residents, with a median age of 54.
What schools are near Gray?
There are 1 school within roughly 5km of Gray. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Gray's population growing?
The population of Gray has grown about 8% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
Keep researching with PropRadar
Free tools for the rest of your investment decision, no card required.
Beyond each listing
PropRadar works across your whole search: shortlists and portfolios start free, while heavier discovery, export and advisory workflows are available on paid tiers.
Portfolio tracking
Track owned properties with portfolio value, LVR, yield, cashflow and allocation rolled up in one place.
Open portfolioWatchlists and saved searches
Shortlist up to 5 properties and suburbs for free. Essentials raises the limits and adds saved search alerts.
Open watchlistDeal Finder
A live Pro browser for undervalued listings with solid yield, ranked so thin price gaps stay out of the list.
Open Deal FinderMarket Finder
Shortlist suburbs by yield, growth, vacancy, active inventory and sales depth before you inspect individual listings.
Open Market FinderStrategy tools
Hold vs Sell, Stress Tester, Strategy Recommender and Portfolio Rebalancer for decisions across several properties.
Open toolsBuilding a product on property data? Explore the PropRadar API