If you compare the increase in value of investment property in Grafton, 2460 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 6.86%.
The five-year average increase in median property values for Grafton,2460 has given property investors a potential capital gain of 13.21% across each of those five years.
At number 528th of NSW’s most discounted properties, Grafton is in the middle of the state/territory when listing in order of most discounted to least.
With the median price for a house in Grafton being $300000 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 5.72%
Investment property in Grafton has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 14.03%
If we look at median property appreciation over just the last three months, Grafton has given property investors a paper return of 1.78%. This puts Suburb as 279 on a list of fastest fasting appreciating suburbs in NSW
Our latest figures would indicate that property sellers in Grafton are currently offering property investors an average price cut of -6.45% below the asking price at the moment.
Residents and property investors in Grafton have been waiting around 74.2 days to sell a property.
Grafton is 51th on a list of best yielding suburbs for rents in NSW with a 5.54% return