5 Weiley AvenueGrafton NSW 2460
Property Details for 5 Weiley Ave, Grafton
5 Weiley Ave, Grafton is a 4 bedroom, 2 bathroom DuplexSemi-detached with 3 parking spaces. The property has a land size of 632m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 4 bedroom DuplexSemi-detached sold in Grafton in the last 12 months.
Last Listing description (December 2024)
Positioned in a sought-after neighborhood, this elevated brick duplex presents an ideal investment opportunity with consistent rental returns and low-maintenance appeal. Constructed with a suspended slab, this property ensures durability and quality, making it a sound addition to any portfolio.
Unit 1 features a modern Laminex kitchen paired with an older, yet well-maintained bathroom. Unit 2 boasts a newly updated bathroom alongside a modern kitchen, delivering a fresh and functional living experience. Both units are in excellent condition and have been home to long-term tenants, offering stability and steady income.
Unit 1 generates $360 per week, and Unit 2 returns $325 per week, offering a combined rental income of $685 per week. These rents are notably conservative, reflecting the outstanding quality of tenants and their long-standing occupancy. This balance of secure returns and tenant stability makes this duplex an ideal hands-off investment.
Beyond the solid financials, the property's low-maintenance design and quality construction make it an attractive and hassle-free investment. Whether you're looking to expand your portfolio or make your first foray into property investment, this duplex is a smart choice.
Property History for 5 Weiley Ave, Grafton, NSW 2460
- 19 Dec 2024Sold for $620,000
- 25 Nov 2024Listed for Sale $625,000
- 27 Mar 2012Sold for $312,000
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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 6,148 properties.
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