Suburb Profile Report for Grafton NSW (2460)

Grafton House: Median price $289,000, Annual capital growth 3.37%, Number of sales 208, Weekly median advertised rent $320

Grafton Unit: Median price $252,000, Annual capital growth 4.74%, Number of sales 38, Weekly median advertised rent $268

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

HOUSE UNIT
$289,000 $252,000
3.21% 5.00%
4.71% 13.26%
3.37% 4.74%
$320 $268
208 38
5.76% 5.52%
85.25 85.29

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (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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