43 Armidale StreetSouth Grafton NSW 2460
Property Details for 43 Armidale St, South Grafton
43 Armidale St, South Grafton is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1940. The property has a land size of 807m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (February 2022)
This property consists of 3 x 2 bedroom units situated on an 807m2 residential block.
The brick dwelling at the front of the property which used to be an old shop front has been divided into 2 units, each consisting of 2 bedrooms and 1 bathroom. These units are in need of some improvement.
The third unit is a neat and tidy 2 bedroom unit with 1 bathroom and a functional kitchen and living area.
There are 3 undercover parking spaces as well as storage space.
Located in a convenient location within walking distance to schools, shops and sporting facilities.
Currently with 3 long term tenants in place and a total rent return of $595 per week. This is a great opportunity for an investor looking for a good return on their investment with plenty of potential for improvement.
For further information or to book your inspection contact Alisha Lewis today 0406 545 946
Property History for 43 Armidale St, South Grafton, NSW 2460
- 28 Feb 2022Sold for $370,000
- 22 Feb 2022Listed for Sale $370,000
- 05 Jan 2016Listed for Rent $200 / 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 3,360 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:
- The median value for Houses in South Grafton is $426,317 while the median value for Units is $292,037.
- Houses have a median rent of $450 while Units have a median rent of $355.
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