79 Mcfarlane Street, South Grafton NSW 2460

79 McFarlane Street, South Grafton appears to be a 3-bedroom, 1-bathroom house on a 581 m² residential lot, with 1 car space reported by some sources and no assigned parking shown by others. The property was listed for sale on 18 June 2026 as a house in South Grafton. 3 bed 1 bath detached house | 581m2 flood-free block | brick and tile with timber floors | long term tenant in place | yields in the mid to high 5% range This is a straightforward, low-maintenance detached house on a standard suburban block in a flood-free pocket, which is a meaningful advantage in this area. The brick and tile construction with polished timber floors and open-plan living gives it durable, owner-occupier appeal while the existing long term tenant makes it immediately income-producing for an investor. The 3 bed 1 bath configuration is the most common local stock type, so demand is broad and resale should be straightforward. This property serves best either an investor seeking a reliable yield with tenant in place or an owner-occupier wanting a solid entry-level house without renovation work. The land size is typical for the area, so no scarcity premium applies from that alone. The yield range of mid to high 5% is workable but not exceptional for this price point, and the rental appraisal of $380 to $425 per week should be verified against current local letting activity. The property was sold in 2020 but no price was available, so the value growth trajectory cannot be confirmed from this data. The absence of flood, bushfire, or heritage overlays is positive, but the location’s flood-free status is only stated by the listing and should be independently checked. The NBN Fibre to the Premises is a genuine service advantage that may appeal to remote workers or tenants.