NSW has seen average median house prices change by 6.87% which means that Grafton, 2460 has done well for property investors by showing a capital gain of 4.71% over the last year
Taking the average capital gain, or increase in median house value, Grafton,2460 has racked up an average of 4.71% over the period. This ranks it number 2154th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Grafton 2460 should be seeing an average reduction in asking price of around -4.88% . This means that Grafton is holding prices well when compared to other suburbs in NSW.
At number 2042 in a list of fastest selling suburbs, Grafton is just in the bottom half of suburbs in Australia with an average of days on market 85.25 for properties listed there.
Advertised rents are around the $320 mark per week – giving a return of 5.76% based on the median price in Suburb
If you compare the increase in value of investment property in Grafton, 2460 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 13.26%.
Comparing Grafton,2460 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Grafton, 2460 is offering NSW ‘s 45th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this NSW.
Renters in Suburb are facing rents around $3210 per annum or $267.5 every week.