3/19 Federation St, South Grafton is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 860m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
If you are in the market for a property to purchase but have a tight budget, this ground floor unit in South Grafton presents the ideal opportunity for you.
Located in a solid brick and tile complex of six units in a flood free locale, you will find inside an open plan kitchen/dining/lounge room plus two bedrooms and single bathroom. There is a covered front patio area to enjoy the morning sun and a single carport space available.
Currently tenanted and delivering $185 per week in rent, with a basic upgrade to the kitchen and bathroom you could improve upon your returns to make this a very handy investment. Alternatively if you are trapped in the cycle of paying rent this could be the ideal stepping-stone you need to escape. At this price point it is certainly an attainable goal to have.
STRATA FEES - $612.50 per quarter
COUNCIL RATES - $2,300 per annum
Contact Tyler Marsh on 0487 422 229 to arrange your inspection.
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 3,360 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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