FOR SALE
$400,000

16 Ridge Street
South Grafton NSW 2460

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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FLOOD FREE SOUTH HILL

High and dry on South Hill - no worries about floods up here! This is a 3 bedroom 1 bathroom home with an enclosed front sunroom, a formal lounge and dine in kitchen.
Lock up garaging and carport and a fenced yard.
Walk around the corner and down in one direction to South Primary Schools Senior campus or in the other direction for its infant campus. Catholic Primary School is just a few K's up the road. Also handy to Coles Sth Grafton and sporting fields.
Aside from the flood free nature - it is a highly attractive rental investment with a current market value of $435 per week. Give it a paint and re-carpet and watch that value increase. Renovations to the kitchen and bathroom would se it go closer to $500 per week.
Owners want it sold well before Christmas so feel free to make an offer. Pest & building reports available.

Property Details for 16 Ridge St, South Grafton

16 Ridge St, South Grafton is a 3 bedroom, 1 bathroom House with 1 parking spaces. The place is currently for sale with Mckimm's Real Estate Pty Ltd - GRAFTON.

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House

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About South Grafton 2460

The size of South Grafton is approximately 24.9 square kilometres. It has 17 parks covering nearly 6.9% of total area. The population of South Grafton in 2011 was 6,390 people. By 2016 the population was 6,085 showing a population decline of 4.8% in the area during that time. The predominant age group in South Grafton is 50-59 years. Households in South Grafton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Grafton work in a community and personal service occupation. In 2011, 60.4% of the homes in South Grafton were owner-occupied compared with 60.6% in 2016.

South Grafton has 3,357 properties. Over the last 5 years, Houses in South Grafton have seen a 67.43% increase in median value, while Units have seen a 31.76% increase. As at 30 September 2024:

  • The median value for Houses in South Grafton is $417,357 while the median value for Units is $295,385.
  • Houses have a median rent of $450 while Units have a median rent of $355.
There are currently 25 properties listed for sale, and 9 properties listed for rent in South grafton on OnTheHouse. According to CoreLogic's data, 229 properties were sold in the past 12 months in South grafton.

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Angus McKimm
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Mckimm's Real Estate Pty Ltd - GRAFTON
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