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Grafton

Suburb Profile

Grafton - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2460

house
unit

GRAFTON, 2460 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Investors saw the median home price rise to $328,000.

Profits due to an upward trend in home prices in the suburb averaged 3.11% per annum over a 3-year period.

GRAFTON now ranks at the 564th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in GRAFTON are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $370 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In GRAFTON, homes and units usually stay on listing for an average of 83.6 days.

In 2016, 186 properties were sold in GRAFTON during the past year, making it the 916th most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $328,000 $256,500
GROWTH REPORT
Median Quarterly -0.61% -1.35%
Median 12 month -0.61% -10.63%
Median 3 years 9.33% 2.19%
Median 5 years 21.03% 11.52%
10 years average annual 2.64% 2.15%
Weekly media advert. rent $370 $290
Time on Market 83.6 days 132.2 days
Gross Rental Yield Percent 5.87% 5.88%
demographics (median values)
Total Population
9955
Weekly Household Income
673.3
Household Size
2.30
demographics
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