Over the last year, property investments in Grafton, 2460 have given investors a capital gain of 5.26%. This compares badly with the 11.67% for NSW as a whole.
If we look at median property appreciation over just the last three months, Grafton has given property investors a paper return of 0.00%. This puts Suburb as 1023 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 -5.62% below the asking price at the moment.
At number 957 in a list of fastest selling suburbs, Grafton is in the bottom 20% of suburbs in Australia with an average of days on market 93.78 for properties listed there.
With the median price for a house in Grafton being $300000 and the advertised rent reaching $335 the gross rental yield for property investors calculates out to be 5.81%
Grafton, 2460 ranked 330th 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
Comparing Grafton,2460 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Grafton 2460 should be seeing an average reduction in asking price of around -6.13% . This means that Grafton is holding prices well when compared to other suburbs in NSW.
Grafton is 41th on a list of best yielding suburbs for rents in NSW with a 5.67% return