109 Mcfarlane St, South Grafton is a 3 bedroom, 1 bathroom House and was built in 1995. The property has a land size of 607m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
With home prices souring across the valley, it's a pleasant change to come across an affordable, low maintenance brick and tile cottage. Located on a "no through road" this former Department Of Housing property, set back from the main thoroughfare, offers an opportunity to enter the property market without blowing your budget.
It consists of 3 bedrooms in a relatively standard and functional floor plan, an air conditioned living area, relatively modern laminated kitchen and a bathroom featuring shower over the tub. A full length verandah overlooks a green space parkland reserve and the yard is quite level with gates providing off street vehicle access. It even has an established lemon tree.
It comes with a tenant in place at $350 per week (under lease until May 2022) so you can expect an income from day 1.
The size of South Grafton is approximately 24.9 square kilometres. It has 17 parks covering nearly 6.9% of total area. The population of South Grafton in 2011 was 6,390 people. By 2016 the population was 6,085 showing a population decline of 4.8% in the area during that time. The predominant age group in South Grafton is 50-59 years. Households in South Grafton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Grafton work in a community and personal service occupation. In 2011, 60.4% of the homes in South Grafton were owner-occupied compared with 60.6% in 2016.
South Grafton has 3,358 properties. Over the last 5 years, Houses in South Grafton have seen a 65.26% increase in median value, while Units have seen a 17.25% increase. As at 31 October 2024:
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