9 Oliver Street, Grafton NSW 2460

3-bedroom house on 769m² | flood overlay present | 2 living areas | 6 Oliver Street sold recently at $695k-$740k This property offers a rare configuration advantage for Grafton: a 250m² building with two separate living areas on a 769m² block, which provides genuine flexibility for a family or investor seeking separation of spaces. The balcony, deck, and courtyard extend the usable area, and the 33% coverage ratio indicates potential for future expansion or shedding. The street-level median sales suggest strong demand in this pocket, and the property is best suited for a buyer who values space and layout over a pristine location or modern finishes. The flood overlay and heritage overlay are material risks that will affect insurance costs and any future renovation or development approvals, and these constraints likely explain the wide value range of $450k to $610k. The low 2016 transfer price of $8,000 suggests a non-arm’s-length transaction, so recent comparable sales at 6 Oliver Street are more reliable for benchmarking. A buyer should budget for a thorough building and pest inspection given the age of the dwelling, and hold this property as a long-term family home or a steady rental yielding around $565 per week, with the land providing the primary upside.