NSW has seen average median house prices change by 8.99% which means that Grafton, 2460 has done well for property investors by showing a capital gain of 4.60% over the last year
While Grafton,2460 ranked number 580th in NSW for increase in median house value (annualised) increase, it is ranked 1142th over the last 5 years.
Sellers are offering property buyers an average discount of -4.35% to buyers in Grafton at the moment, which is less than average for the rest of NSW.
Grafton has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 2.17% to date .
Over the longer term, Grafton has seen property prices show investors a 0.86% return over the last 3 years. This is an improvement over the last 12 months
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.45% offered to property buyers. Sellers in Grafton itself are offering an average vendor discount of -2.99% to real estate investors.
Often selling an investment property can take time, and in Grafton the average time real estate has been on the market is 58.37 days.