OFF MARKET

51 Norrie Street
South Grafton NSW 2460

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 82m2
Land area: 498m2
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Property Details for 51 Norrie St, South Grafton

51 Norrie St, South Grafton is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 498m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Year Built
1950
Floor Size
82m2
Land Size
498m2
Local Government
Clarence Valley
Lot/Plan
1/DP782836

Last Listing description (April 2023)

*Building & Pest Inspection Report Available Upon Request*

Auction Details:
Wednesday 19th October - 6:00pm

Grafton District Services Club

This could very well be the most affordable property on the market in South Grafton. The circumstances around this sale require a result at auction. 51 Norrie Street South Grafton must be sold under the hammer. Regardless of your buying criteria, this is an auction not to miss.

The home itself presents well in its current condition, being quite original and structurally sound. This weatherboard cottage has outstanding potential. Affordable properties in a price range that allows quick and easy value adding renovations are very hard to secure and are rarely presented to the marketplace. Whether you're looking to buy & flip, purchase your first home or an investment property, this one is a no-brainer. Please refer to the floorplan provided for an understanding of the layout.

Notable features include;
- Approx. 493m2 flood free block
- 2 bedroom, 1 bathroom home
- Single car garage with side-access
- Solid condition allowing for easy renovation
- One of very few in this price range
- Must be sold at auction

Please ensure you are ready and present on auction day. This is an opportunity too good to let pass by. Contact Team Jake from Ray White on 0422 260 192 to declare your interest and to book your inspection.

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Property History for 51 Norrie St, South Grafton, NSW 2460

A timeline of how this property has performed in the market
Last Sold
$300,000
19 Oct 2022
  • 28 Feb 2023
    Listed for Sale AUCTION
  • 20 Dec 2022
    Listed for Sale AUCTION
  • 19 Oct 2022
    Sold for $300,000
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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.
There are currently 27 properties listed for sale, and 7 properties listed for rent in South grafton on OnTheHouse. According to CoreLogic's data, 235 properties were sold in the past 12 months in South grafton.

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