OFF MARKET

248 Bacon Street
Grafton NSW 2460

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 819.5m2
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Property Details for 248 Bacon St, Grafton

248 Bacon St, Grafton is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 819.5m2. While the property is not currently for sale or for rent, it was last sold in December 2023.

Building Type
House
Land Size
819.5m2

Last Listing description (December 2023)

It’s just easy, uncomplicated, clean living at 248 Bacon Street and given our sellers realistic expectations, this home is expected to be UNDER OFFER by the end of the first week live.

This part of Bacon Street is relatively quiet and as you will see by the construction of the homes in this stretch (only slightly raised from the ground), the natural land height is high and dry. The sweeping level allotment comes in at approximately 820m2, so there is plenty of room to see out all your pursuits here (STCA).

Hardwood timber frame, weatherboard, brick, and tile roofing make up the bones of this sturdy lady who still has her original fireplace steadfast, although now fitted with a wood fire heater (with new flue). Polished timber floorboards are underfoot, and the walls have been freshened with bright white paint. Ornate cornices and high ceilings are gifts of yesteryear. Air-conditioned comfort was introduced later. She is surprisingly light-filled and cheerful.

Whilst not overly large, the renovated kitchen is clean and functional, and the bathroom has taken some refurbishment over the years. What was originally a 2-bedroom home has now converted to a 3 bedder with the enclosing of a veranda. The third bedroom has dual access, so there are a few options. You could reinstate a lockable door between bedrooms 2 & 3 to fully separate, you could convert bedroom 3 to an ensuite, WIR or a sun-filled office. The options are right at your fingertips.

Side access to the backyard is a bonus. Another value-add to our package is the original hardwood timber garage that has been converted to a powered studio. I believe the roofing of this studio has also been recently replaced. Theres a BBQ outback, plenty of undercover space for entertaining or additional vehicles PLUS a couple of garden sheds.

* Pest and building report available on request *

We estimate a rental return of AT LEAST $475pw in the current market.

Contact Kylie Swift of Virtue Property Grafton on 0488 161 621 to express your interest.

DISCLAIMER:
Whilst a high duty of care has been exercised in sourcing all marketing content, we cannot always guarantee its accuracy. We ask that prospective purchasers carry out their own searches and investigations on matters of personal or professional interest.

Property History for 248 Bacon St, Grafton, NSW 2460

A timeline of how this property has performed in the market
Last Sold
$460,000
20 Dec 2023
  • 27 Nov 2023
    Sold for $460,000
  • 01 Nov 2023
    Listed for Sale $435,000 - $465,000
  • 13 Mar 2002
    Sold for $98,000
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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 14 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.