$345,000

49 Margaret Crescent, South Grafton NSW 2460

House
411
Block size: 550 m² approx.

GREAT PRICE FOR 4 BEDROOMS

It's hard to find 4 bedroom homes for this price. 49 Margaret Crescent is 4 bed, 1 bath with a big lock-up carport and fenced yard. The back 4th bedroom could also be used as a living space, if needed, as it integrates well with the main lounge room and kitchen.

Located in a flood free neighbourhood this home has hardwood timber flooring for most of its layout - handy to know for future renovations.

The outgoing tenant is paying $390 per week which is cheap - most comparable rentals are fetching $420 or so at present.

The location is walkable distance to Gilwinga State Primary and St Josephs Catholic. The nearest neighbourhood store - the Top Shop - is about 500m away.

Is there work to do? Definitely - the property would do well with a tidy up to paintwork, flooring and window furnishings and future renovations to kitchen and bathroom could take advantage of the large layout and add rental value again.

Evidence shows this type of investment is smart for a few reasons: low entry price, highly rentable and based on the last 20 years likely to yield capital growth.

Pest & building reports are available. The property will be sold with vacant possession.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Angus McKimm to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
4
Bathrooms:
1
Garage Spaces:
1
Property type:
House
Block Size:
550 *

Other Details

Lot:
34
Plan Type:
DP
Plan:
31963
Legal description:
34/31963

Maps and area information

Block information
Block size: 550 (approx)
Legal description: 34/31963
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Nearby sales

Looking to compare sales prices?

We found 5 houses with 4 bedrooms that just sold near 49 Margaret Crescent South Grafton

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
06 May 2021
Sold
McKimm's Real Estate
Listed: 22/02/2021
Block size: 550m²
Transfer type: Full transfer
16 Sep 2014
Sold
LJ Hooker Grafton
$175,000
Contract: 16/09/2014
Listed: 16/05/2014
Days on market: 123
Transfer type: Full transfer

South Grafton suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
43 years
Population
6,288
Listing ID: 182451574. This listing has been viewed 8 times. It was first displayed on 16/04/2024 and last updated on 22/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.