FOR SALE
$355,000

33 Armidale Street
South Grafton NSW 2460

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 1037m2
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1037 SQM CORNER SITE DEVELOPMENT BLOCK

Get ready for the next property cycle by securing this dual street frontage 1037 sqm development site - the perfect spot for your unit development.
The site will suit 3 - 4 units (STCA) which could suit the surging demand for low maintenance living and investment and with the next upwards cycle due in 2026 or 2027 now is the time to secure your site and start planning.
The existing 2 bedroom house could be upgraded to rent out in the shorter term or demolished right away.
Located within walking distance of South Grafton Primary and just 950m from Coles.

Property Details for 33 Armidale St, South Grafton

33 Armidale St, South Grafton is a 2 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 1037m2. The place is currently for sale with Mckimm's Real Estate Pty Ltd - GRAFTON.

Building Type
House
Land Size
1037m2

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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 3,362 properties. Over the last 5 years, Houses in South Grafton have seen a 56.64% increase in median value, while Units have seen a 58.72% increase. As at 31 December 2024:

  • The median value for Houses in South Grafton is $421,586 while the median value for Units is $335,836.
  • Houses have a median rent of $460 while Units have a median rent of $350.
There are currently 31 properties listed for sale, and 15 properties listed for rent in South grafton on OnTheHouse. According to CoreLogic's data, 233 properties were sold in the past 12 months in South grafton.

Suburb Insights for South Grafton 2460

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Angus McKimm
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Philip Carr
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Mckimm's Real Estate Pty Ltd - GRAFTON
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.