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Sold on 24 Nov 2023 for $280,000

31 Cowan Street
South Grafton NSW 2460

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 541m2
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Property Details for 31 Cowan St, South Grafton

31 Cowan St, South Grafton is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 541m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom House sold in South Grafton in the last 12 months.

Building Type
House
Land Size
541m2
Local Government
Clarence Valley
Lot/Plan
3/DP843545

Last Listing description (November 2023)

This modest 2 - 3 bedroom cottage has been a solid rental investment for its owner for many years. Now with retirement commitments he needs it sold and, based on recent comparable sales, its definitely attractively priced!

The home has 2 bedrooms plus a 3rd bed or sunroom (measuring 2m x 3m) as well as an eat-in kitchen.

There is reverse cycle air conditioning and security shutters. The current tenant who is on an expired lease is paying below-market rent of $260 per week.

The yard has a carport (currently accessed from vacant land at rear) and a garden shed.

Located within a block of Skinner St shops and childcare, and just around the corner from the Royal Hotel it is also only a 950m walk to Coles Sth Grafton and would be a safe bike ride for older children to either South Grafton Primary or High Schools.

Council rates are currently $2800 per year.

Is there work to be done? Definitely, but the owner has provided pest & building reports to help you plan improvements over the next 5-10 years.

For more information contact Angus McKimm on 02 6642 1811.

Property History for 31 Cowan St, South Grafton, NSW 2460

A timeline of how this property has performed in the market
Last Sold
$280,000
24 Nov 2023
Listed for Rent
$245/w
14 Sep 2018
  • 24 Nov 2023
    Sold for $280,000
  • 01 Nov 2023
    Listed for Sale $250,000
  • 23 Aug 2018
    Listed for Rent $245 / week
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About South Grafton 2460

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 3,357 properties. Over the last 5 years, Houses in South Grafton have seen a 67.43% increase in median value, while Units have seen a 31.76% increase. As at 30 September 2024:

  • The median value for Houses in South Grafton is $417,357 while the median value for Units is $295,385.
  • Houses have a median rent of $450 while Units have a median rent of $355.
There are currently 25 properties listed for sale, and 9 properties listed for rent in South grafton on OnTheHouse. According to CoreLogic's data, 229 properties were sold in the past 12 months in South grafton.

Suburb Insights for South Grafton 2460

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Contact agent
Angus McKimm
Show contact details
Mckimm's Real Estate Pty Ltd - GRAFTON
Preferred contact:
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.