OFF MARKET

2/87 Milton Street
Grafton NSW 2460

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 79m2
Land area: 651m2
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Last updated 16 Dec 2024
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Property Details for 2/87 Milton St, Grafton

2/87 Milton St, Grafton is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 651m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
Unit
Year Built
1989
Floor Size
79m2
Land Size
651m2
Local Government
Clarence Valley
Lot/Plan
2/SP35825

Last Listing description (December 2020)

* AUCTION - 27th OCTOBER 7PM AT GRAFTON DISTRICT SERVICES CLUB ** BUILDING AND PEST INSPECTION REPORTS AVAILABLE UPON REQUEST *This is one of two properties being sold by the same seller. Both 2/87 Milton Street Grafton and 75 Bacon Street Grafton will be sold under the hammer on 27th of October. Both properties must sell. This opportunity presents a genuinely rare and affordable option for first home buyers and investors to buy a low maintenance package in a highly regarded location. The instructions from the owner are very clear - SELL this property under the hammer. This is a no-brainer. You must register to bid for a chance to buy. What have you got to lose? The solid home consists of double brick construction, with living options on both levels. An air conditioned open plan kitchen/dining/living area steps onto the front balcony which takes in the northerly aspect. Two bedrooms on the upper level, with the master featuring a built-in-robe and air-conditioner. A rumpus/living room downstairs could be utilised as a third bedroom or guest accommodation, with a second toilet and shower also on this level. A generous garage has enough room for vehicle accommodation with further space for storage. A rental appraisal of approximately $330 - $350 per week gives a great return on investment with very little yearly costs needed for maintenance. With a clear commitment to sell at auction, we have four weeks to get you ready. This is most definitely an opportunity not to miss. Call Jake Kroehnert on 0411 321 920 as soon as possible to arrange an inspection. Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 2/87 Milton St, Grafton, NSW 2460

A timeline of how this property has performed in the market
Last Sold
$265,000
22 Oct 2020
Listed for Rent
$250/w
17 May 2017
  • 22 Oct 2020
    Sold for $265,000
  • 28 Sep 2020
    Listed for Sale AUCTION
  • 04 May 2017
    Listed for Rent - Price not available
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About Grafton 2460

The size of Grafton is approximately 12.2 square kilometres. It has 17 parks covering nearly 8.1% of total area. The population of Grafton in 2011 was 10,205 people. By 2016 the population was 10,399 showing a population growth of 1.9% in the area during that time. The predominant age group in Grafton is 50-59 years. Households in Grafton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Grafton work in a professional occupation. In 2011, 66.2% of the homes in Grafton were owner-occupied compared with 61.5% in 2016.

Grafton has 6,146 properties. Over the last 5 years, Houses in Grafton have seen a 62.77% increase in median value, while Units have seen a 43.87% increase. As at 30 November 2024:

  • The median value for Houses in Grafton is $481,222 while the median value for Units is $348,779.
  • Houses have a median rent of $483 while Units have a median rent of $420.
There are currently 29 properties listed for sale, and 15 properties listed for rent in Grafton on OnTheHouse. According to CoreLogic's data, 290 properties were sold in the past 12 months in Grafton.

Suburb Insights for Grafton 2460

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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.