FOR SALE
$345,000

35 Wharf Street
South Grafton NSW 2460

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 467.9m2
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RENTAL INVESTMENT RETURNING $470 PER WEEK

This elevated 3 bed, 1 bath has a location that is super handy - a few metres from the Australian Hotel's legendary counter lunches, two blocks from Coles, a block from Skinner St shops - and its returning a healthy $460 per week from quality tenants. Lease runs to November 2025 and rent increases to $470 per week from January 2025.
Upstairs the bedrooms are big, there is air con, a dine in kitchen a formal lounge. Downstairs there is a tonne of lock up garage and storage space.
Handy to so much of South Grafton and only 2.1 km from Grafton CBD this whole area is undergoing a bit of a renaissance since the completion of the levee system in 1999.
Comparatively cheap council rates - $3042 per year. Building & pest reports available.

Property Details for 35 Wharf St, South Grafton

35 Wharf St, South Grafton is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 467.9m2. The place is currently for sale with Mckimm's Real Estate Pty Ltd - GRAFTON.

Building Type
House
Land Size
467.9m2

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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 66.48% increase in median value, while Units have seen a 19.13% increase. As at 30 November 2024:

  • The median value for Houses in South Grafton is $430,148 while the median value for Units is $279,623.
  • Houses have a median rent of $450 while Units have a median rent of $350.
There are currently 24 properties listed for sale, and 13 properties listed for rent in South grafton on OnTheHouse. According to CoreLogic's data, 230 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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