Grafton at a glance
11,035
People
$540,000
Median sale
$480/wk
Median rent
4.62%
Suburb gross yield
Median sale from 115 recorded sales (last 12 months) — a Districts calculation.
$615,000
Last sold
4 Mar 2026
3
Bedrooms
2
Bathrooms
1
Car spaces
737 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$615,000
4 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Grafton (last 5 years) with land size have a median of $843/m² of land (n=108). Districts calculation from recorded sales — not a valuation.
Grafton at a glance
11,035
People
$540,000
Median sale
$480/wk
Median rent
4.62%
Suburb gross yield
Median sale from 115 recorded sales (last 12 months) — a Districts calculation.
Vs Grafton
+13.9%
Median sale
Suburb $540,000
-0.56 pp
Gross yield
Suburb 4.62%
Suburb median $540,000 from 115 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data temporarily unavailable
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWZoning is not available (source_error). A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (source_error). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $480/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownZoning is not available (source_error).
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (source_error). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Grafton at a glance
11,035
People
$540,000
Median sale
$480/wk
Median rent
4.62%
Suburb gross yield
Median sale from 115 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White TKG GraftonAuction Details:
Wednesday 4th of March 6:00PM
Grafton District Services Club
*Building & Pest Inspection Reports Available Upon Request*
Nestled in the quiet and sought-after Westlawn area, this charming home at 247 Oliver Street, Grafton offers an inviting blend of style, character and potential. Set on a generous 737m² (approx.) corner block, the property captures the essence of relaxed Grafton living, directly across from the racecourse and moments from local schools, the swimming pool and sporting fields. Set to be sold at auction on the 4th of March, this is an opportunity not to be missed.
Currently operating successfully as an Airbnb, the home presents excellent flexibility for those seeking a quality residence, an investment, or a combination of both. Inside, the property showcases beautiful polished floorboards and high ceilings, creating a sense of warmth and space throughout. The formal living room with a classic fireplace opens seamlessly into the dining area and kitchen, making it ideal for both daily living and entertaining. At the rear, an additional sunroom or sitting room provides a peaceful retreat overlooking the garden. The home features three generously sized bedrooms and two bathrooms, with the second bathroom/laundry having been fully renovated. Year-round climate control is ensured with ducted air conditioning installed in 2023, adding a practical and modern touch to this character-filled property. Please refer to the floor-plan provided for an understanding of the layout.
A single lock-up garage and an additional storage room offer excellent versatility, with the storage area lending itself perfectly to conversion into a home office, studio, workshop or guest accommodation.
Notable features include:
- 737m2 (approx.) block
- 3 bedrooms
- 2 bathrooms
- Ducted air conditioning
- Lock up garage
- Studio/storage room
- Rental appraisal $470 - $490 per week
- Approx. $57,308 income through Airbnb in 2025
Delivering a wonderful blend of lifestyle and opportunity, 247 Oliver Street captures the essence of peaceful Westlawn living. Whether you're looking for a family residence, an investment, or a flexible home with room to grow, this charming property stands ready to impress. Contact The Jake Kroehnert Team from Ray White TKG on 0422 260 192 to declare your interest and to book your inspection.
Disclaimer: All information disclosed herein has been provided from sources we believe to be reliable however we cannot guarantee its accuracy. It is respectfully advised that interested parties carry out their own due diligence.
Listing description written by Jake Kroehnert, Ray White TKG Grafton — reproduced as published, not verified by Districts.