Suburb Profile Report for Grafton NSW (2460)

Grafton House: Median price $329,000, Annual capital growth 3.18%, Number of sales 212, Weekly median advertised rent $370

Grafton Unit: Median price $263,750, Annual capital growth 3.08%, Number of sales 38, Weekly median advertised rent $290

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

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 1.23%

Taking the average capital gain, or increase in median house value, Grafton,2460 has racked up an average of 1.23% over the period. This ranks it number 1164th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -6.07% to buyers in Grafton at the moment, which is less than average for the rest of NSW.

Often selling an investment property can take time, and in Grafton the average time real estate has been on the market is 98.3415 days.

Situated 493.39km from the CBD, Grafton is one of Clarence Valley (A) localities in the postcode 2460.

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 6.57%.

When looking at the potential capital gains offered to property investors over the last 3 years, Grafton comes in at number 154th in NSW.

The most recent median price for Grafton is $263750, with sellers offering an average of -4.67% off the asking price.

The NSW suburb of Grafton, 2460 is in the Clarence Valley (A) local government area.

Metrics i HOUSE UNIT
$329,000 $263,750
-0.30% -4.78%
1.23% 6.57%
3.18% 3.08%
$370 $290
212 38
5.85% 5.72%
98.3414634146342 103.444444444444

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Grafton NSW
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
Chart Table