Suburb Profile Report for Grafton NSW (2460)

Grafton House: Median price $285,000, Annual capital growth 2.87%, Number of sales 222, Weekly median advertised rent $320

Grafton Unit: Median price $245,000, Annual capital growth 4.32%, Number of sales 35, Weekly median advertised rent $268

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Grafton, 2460 ranked 931th in NSW when comparing growth in median property values or capital gain over the last 12 months. Grafton is one of 3163 in our list for NSW

If we look at median property appreciation over just the last three months, Grafton has given property investors a paper return of 0.26%. This puts Suburb as 901 on a list of fastest fasting appreciating suburbs in NSW

At number 801th of NSW’s most discounted properties, Grafton is in the TOP 40% of the state/territory when listing in order of most discounted to least.

Grafton is 66th on a list of best yielding suburbs for rents in NSW with a 5.84% return

Property investors who have had real estate in Grafton, 2460 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.29%

Taking the average capital gain, or increase in median house value, Grafton,2460 has racked up an average of 8.29% over the period. This ranks it number 806th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Grafton is offering property investors an average of -4.45. This rate of discount on properties puts Suburb at number 154th in terms of most discounted suburbs in NSW

Renters in Suburb are facing rents around $3210 per annum or $267.5 every week.

HOUSE UNIT
$285,000 $245,000
0.26% 4.26%
2.89% 8.29%
2.87% 4.32%
$320 $268
222 35
5.84% 5.68%
80.48 81.42

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 10205
Median household income ($/weekly) 816
Median age of persons 41
Median housing loan repayment ($/monthly) 1430
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 1298 12.7
    25-34 years 1078 10.6
    35-44 years 1130 11.1
    45-54 years 1376 13.5
    55-64 years 1195 11.7
    Others 4128 40.5
    Age Group
    Census Count Percent(%)
    Not Married 3301 46.6
    Registered Married 3092 43.6
    Defacto Relationship 692 9.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 9251 94.6
    Papua New Guinea 56 0.6
    Philippines 28 0.3
    United Kingdom 203 2.1
    Other 73 0.7
    Others 170 1.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 38 0.4
    Christianity 7592 81.9
    Islam 14 0.2
    Other Religious Groups 35 0.4
    No Religion 1577 17.0
    Others 9 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 414 11.7
    $400-$599 609 17.2
    $600-$799 459 13.0
    $800-$999 362 10.2
    $1,500-$1,999 358 10.1
    Others 1339 37.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3695 46.5
    Employed, worked full-time 2256 28.4
    Employed, worked part-time 1394 17.5
    Unemployed, looking for work 341 4.3
    Employed, away from work 261 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 605 15.5
    Technicians & trades workers 531 13.6
    Community & personal service workers 596 15.2
    Clerical & administrative workers 546 14.0
    Sales 515 13.2
    Others 1118 28.6
    Occupation
    Census Count Percent(%)
    Pre-school 194 9.0
    Infants/Primary 789 36.5
    Secondary 684 31.6
    Technical or Further Educational Institution 275 12.7
    University or other Tertiary Institutions 171 7.9
    Others 51 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7846 85.8
    Semi-detached, row or terrace house, townhouse 521 5.7
    Flat, unit or apartment 736 8.0
    Caravan, cabin, houseboat 28 0.3
    House or flat attached to a shop, office 13 0.1
    Others 4 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1483 38.5
    Rented 1219 31.7
    Being purchased 1136 29.5
    Other tenure type 13 0.3
    Tenure Type
Census 2011, ABS
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