98 Tyson Street, South Grafton NSW 2460
98 Tyson Street, South Grafton NSW 2460
Flood-free hill position | walk to school and shop | three-bedroom house with garage and workshop | ready to occupy
The property’s primary competitive strength is its flood-free elevation on South Grafton Hill, a rare positional advantage in a region where buyers increasingly prioritise safety from inundation. The configuration — three bedrooms upstairs, substantial workshop and storage below — suits both a young family seeking a move-in-ready home and an investor targeting the rental bracket of $480–$510 per week. The recent bathroom renovation and timber flooring reduce immediate capital outlay, and the short walking distance to South Grafton High School and a corner store reinforces everyday liveability. For a buyer seeking an affordable, low-risk entry into the Northern Rivers market, this house offers a stronger positional base than many comparably priced alternatives.
The principal risk is the property’s location within South Grafton, which carries a softer resale profile than Grafton’s north side, and the absence of flood overlay does not eliminate broader market perceptions of the suburb. The NBN Fibre to the Node connection is adequate but not a prime value driver. However, the opportunity lies in the property’s ability to perform as a dual-purpose holding — owner-occupation now, rental later — without requiring immediate renovation. The recent sale of 84 Tyson Street at $485,000 provides a credible benchmark, and the current price range sits within a competitive but not overheated segment. A buyer who values positional security and functional space over prestige should view this as a sound, defensible purchase.
Detailed Independent Property Report prepared by PropCred Analyst team for 98 Tyson Street, South Grafton NSW 2460
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
South Grafton presents as an established, active market with a mature demographic profile. Demand is driven by its established residential character and proximity to the Clarence River, supported by consistent sales activity. Recent price trends indicate strong long-term capital appreciation, though current valuations are considered elevated above the long-term trend. Future performance will hinge on broader economic factors, including interest rates and local infrastructure development, which present the key constraints to sustained growth.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
655m²
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