At number 1672th in the list of Australian suburbs ordered by increase in median house value over the last year, Grafton, 2460 is in the top 40% with a property value increase of 8.21% recorded in median house prices.
A 14.34% growth in median value for property investors in Grafton,2460 puts this suburb at number 724th in terms of best performing suburbs in NSW
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Grafton, 2460. Typically our figures indicate that -5.18% is being offered, which puts this NSW suburb at 2256th most discounted overall in Australia.
Residents and property investors in Grafton have been waiting around 91.78 days to sell a property.
With the median price for a house in Grafton being $303000 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 5.66%
Giving property investors a a stable capital gain of 12.04% for the last year, Grafton, 2460 is the 352th highest performer in Australia in this respect.
Over the longer term, Grafton has seen property prices show investors a 20.71% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Grafton is offering property investors an average of -4.23. This rate of discount on properties puts Suburb at number 19th in terms of most discounted suburbs in NSW
Renters in Suburb are facing rents around $3270 per annum or $272.5 every week.