SOLD
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Sold on 18 Oct 2024 for $445,000

242 Pound Street
Grafton NSW 2460

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 673m2
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Property Details for 242 Pound St, Grafton

242 Pound St, Grafton is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 673m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Grafton in the last 12 months.

Building Type
House
Land Size
673m2
Local Government
Clarence Valley
Lot/Plan
4/DP730692

Last Listing description (October 2024)

Perfectly positioned just steps from Grafton's popular See Park and within walking distance of the CBD, 242 Pound Street is now available for sale as the vendors are motivated to relocate. This well-maintained 3-bedroom home offers two spacious main bedrooms and a versatile third bedroom that can easily function as an office, catering to diverse tenant needs.

Outdoor spaces include both front and rear verandahs, with the rear enjoying a desirable northerly aspect—offering year-round comfort and a pleasant living experience for tenants. Recent updates to the kitchen and laundry ensure these areas are modern and low-maintenance, while the bathroom is in excellent condition, reducing any immediate upkeep costs.

Investors will appreciate the property's prime location, close to parks, the Village Green Hotel, and other essential amenities. The absence of rear neighbors adds an extra level of privacy and tranquility, making it highly attractive in the rental market. With an estimated rental income of $450-$460 per week, this property is a solid investment opportunity that promises healthy returns.

Additionally, the property comes with the assurance of no known flood impacts, providing peace of mind and minimizing risk. Pest and building reports are available, and with highly motivated sellers ready to negotiate, now is the perfect time to submit your offer and secure this strong investment opportunity.

Property History for 242 Pound St, Grafton, NSW 2460

A timeline of how this property has performed in the market
Last Sold
$445,000
18 Oct 2024
  • 18 Oct 2024
    Sold for $445,000
  • 09 Jul 2024
    Listed for Sale $455,000 Negotiable

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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 6,127 properties. Over the last 5 years, Houses in Grafton have seen a 62.13% increase in median value, while Units have seen a 34.29% increase. As at 31 October 2024:

  • The median value for Houses in Grafton is $475,486 while the median value for Units is $343,405.
  • Houses have a median rent of $480 while Units have a median rent of $420.
There are currently 40 properties listed for sale, and 14 properties listed for rent in Grafton on OnTheHouse. According to CoreLogic's data, 291 properties were sold in the past 12 months in Grafton.

Suburb Insights for Grafton 2460

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Adam Crawley
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Angus McKimm
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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.