Suburb Profile Report for Grafton NSW (2460)

Grafton House: Median price $295,000, Annual capital growth 3.56%, Number of sales 203, Weekly median advertised rent $320

Grafton Unit: Median price $252,000, Annual capital growth 4.87%, Number of sales 38, Weekly median advertised rent $270

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Grafton have tracked close to the NSW average of 7.47% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Grafton comes in at number 1141th in NSW.

Our latest figures would indicate that property sellers in Grafton are currently offering property investors an average price cut of -5.19% below the asking price at the moment.

Grafton, 2460’s gross rental yield is 5.64%

With a capital gain of 9.57% for the last 12 months, Grafton, 2460 has performed for property investments than its average annual 4.87% property growth over the last 5 years.

The five-year average increase in median property values for Grafton,2460 has given property investors a potential capital gain of 26.63% across each of those five years.

The most recent median price for Grafton is $252000, with sellers offering an average of -6.66% off the asking price.

With the median price for a house in Grafton being $252000 and the advertised rent reaching $270 the gross rental yield for property investors calculates out to be 5.57%

Metrics i HOUSE UNIT
$295,000 $252,000
2.79% N/A
6.50% 9.57%
3.56% 4.87%
$320 $270
203 38
5.64% 5.57%
87.31 80.03

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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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Recent sales & rentals