40 Weiley AvenueGrafton NSW 2460
Property Details for 40 Weiley Ave, Grafton
40 Weiley Ave, Grafton is a 6 bedroom, 2 bathroom BlockOfUnits with 2 parking spaces. The property has a land size of 982m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 6 bedroom BlockOfUnits sold in Grafton in the last 12 months.
Last Listing description (March 2024)
Consider all the following points that make this solid 2 x 3 bed brick duplex an absolute special for investors looking for both returns and future capital growth: there's the spacious layout with internal stairs, the extra large garages measuring 9.5m long per side, the solid construction with suspended concrete slab flooring and there's the handy address right in the centre of town – close to CBD shops, sporting grounds, schools and services.
Current rent return is just north of $740 per week with one tenant in place for nearly 30 years! When she moved in her child was an infant who is now a young adult taking advantage to the downstairs 3rd bedroom which lends itself to semi-separate living.
The other side has tenants in place since February 2023 and features some recent renovations which mean it won't need work for the foreseeable future. Tenant here would love to sign a long term lease.
There is a spacious fenced yard for the tenants enjoyment and this type of rental accommodation sees very low vacancy rates due to affordability and convenience.
Rates: $4,985 23/24
Property History for 40 Weiley Ave, Grafton, NSW 2460
- 25 Mar 2024Sold for $632,000
- 13 Dec 2023Listed for Sale $649,000
- 16 Sep 2021Listed for Sale By Negotiation
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0About 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.
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