OFF MARKET

42 Weiley Avenue
Grafton NSW 2460

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 158m2
Land area: 592m2
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Property Details for 42 Weiley Ave, Grafton

42 Weiley Ave, Grafton is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 592m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in February 2018.

Building Type
Unit
Floor Size
158m2
Land Size
592m2
Local Government
Clarence Valley
Lot/Plan
3/DP253021

Last Listing description (March 2018)

Are you seeking your next investment opportunity? If so, take note of 42 Weiley Avenue, Grafton. Situated in a quiet, yet convenient location these townhouses are just a brief walk to Grafton Hockey fields, showground and shopping centre. The property is dual occupancy with two units under the one title, producing returns that could only be described as attractive and steady; this would be the feather in the cap of many keen investors.
The property is 592 square metres, which when partnered with the brick and tile construction offers a low-maintenance and very manageable investment. Both units are double storey and each one features two large bedrooms, a large rumpus or storage room downstairs, open plan living, dining and kitchen spaces, full bathrooms, individual laundries and off street, undercover parking spaces. With all this and more, tenants can certainly feel comfortable and all that is left for you to do is sit back and enjoy your returns.
Currently achieving a combined return of $515 per week, tenancy agreements are in place until August 2018 and January 2019 respectively. With so many investors seeking opportunities of this nature, the importance of submitting interest early cannot be stressed enough. Contact a Ray White agent today to make sure you don't miss out.

Property History for 42 Weiley Ave, Grafton, NSW 2460

A timeline of how this property has performed in the market
Last Sold
$380,000
28 Feb 2018
Listed for Rent
$185/w
27 Feb 2009
  • 28 Feb 2018
    Sold for $380,000
  • 01 Feb 2018
    Listed for Sale AUCTION
  • 15 Feb 2009
    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 6,143 properties. Over the last 5 years, Houses in Grafton have seen a 55.05% increase in median value, while Units have seen a 28.63% increase. As at 31 August 2024:

  • The median value for Houses in Grafton is $449,944 while the median value for Units is $343,984.
  • Houses have a median rent of $480 while Units have a median rent of $410.
There are currently 37 properties listed for sale, and 17 properties listed for rent in Grafton on OnTheHouse. According to CoreLogic's data, 279 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.