Richmond Valley Council

Grafton

NSW2460

Grafton at a glance

Median house

$490,000

+8.8% year on year

Median unit

$366,250

Days on market

34

Average to sell

Walk score

16

Very car dependent

Population

10.6k

Median age 44

The brief

What to know about Grafton.

The postcode for Grafton is 2460 (NSW).

The median house price in Grafton is $490,000.

Grafton (2460) sits in the Richmond Valley region of NSW. The median house here is $490,000, well below the NSW median of around $1.10M. Prices have moved +8.8% over the past year, well clear of the NSW average (3%).

Grafton has roughly 10,563 residents, with an established, older skew. Households are mostly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops. Listings here typically sell in 34 days, slower than the NSW average of 32.

Side by side

Compare Grafton with a nearby suburb.

Median, growth, schools, walkability, all in one view.

Day to day

What it’s like to live here.

Grafton scores 16/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.

Schooling within or near the suburb covers 4 government primary, 2 government secondary, 3 Catholic, 2 independent.

Who lives here

Demographics.

The 2021 Census put Grafton's population at 10,563, with a median age of 44. That sits as an established, older skew. Households are mostly owner-occupied (63% own, 34% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (61% family households, 35% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.

Population

10,563

Median age

44

Family households

61%

Lone person

35%

Demographics data as of May 2026· ABS 2021 Census

Houses change hands at $490,000 on a typical sale, well below the NSW median. Units come in around $366,250, roughly 25% below the house median. The last 12 months delivered strong growth (+8.8%) — well clear of the long-run average for the state. Days on market sit around 34, broadly typical for the state.

For buyers

A 20% deposit on the median house works out to roughly $98,000. Prices are well below the NSW median, which keeps Grafton on the radar for first-home buyers and right-sizers.

See what you can borrow

For sellers

Days on market run around 34, typical for the state. Twelve-month growth is +8.8%, supporting confident pricing at the upper end of recent comparables.

Work out your selling costs

Market

The price of a home here.

Median house price

$490,000

+8.8% over the past year. Median unit price $366,250.

Sales data as of December 2024· sales-abs

Rental and ownership

Weekly rent (house)

$300/wk

Weekly rent (unit)

$300/wk

Owner occupied

63%

Renter occupied

34%

At a deeper level

Median House PriceSource: ABS Data by Region (SA2-level, 2024) · Dec 2024

$490,000

+8.8% annual growth

Median Unit PriceSource: ABS Data by Region (SA2-level, 2024) · Dec 2024

$366,250

Days on MarketSource: ABS Data by Region (SA2-level, 2024) · Dec 2024

34

Average days to sell

PopulationSource: ABS Census 2021 · May 2026

10,563

Median age: 44

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For investors

Investment overview.

Gross rental yield on houses sits at 3.18% (median rent $300/wk against a $490,000 price tag). Units yield 4.26% gross, often the better cash-flow play for first-time investors. With 34% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs. The 12-month growth of +8.8% adds a capital-growth case on top of the yield.

Gross Yield (House)

Source: ABS Data by Region (SA2-level, 2024) · Dec 2024

3.18%

Based on $490,000 median

Gross Yield (Unit)

Source: ABS Data by Region (SA2-level, 2024) · Dec 2024

4.26%

Based on $366,250 median

Annual Growth (House)

Source: ABS Data by Region (SA2-level, 2024) · Dec 2024

+8.8%

Year-on-year capital growth

Annual Growth (Unit)

Source: ABS Data by Region (SA2-level, 2024) · Dec 2024

Year-on-year capital growth

Owner Occupancy

Source: ABS Census 2021 · May 2026

63%

Higher = more owner-occupier demand

Days on Market

Source: ABS Data by Region (SA2-level, 2024) · Dec 2024

34 days

Lower = higher buyer demand

Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.

5-year trajectory

at +8.8%/yr

2021

$321K

5-year change

+52%

2026

$490K

Trajectory derived from the current median compounded at the suburb’s annual growth rate, not raw sale-by-sale history.

Safety

Crime and safety.

Offence Summary

1,995

total offences in 2025

Top offence categories

Theft609 (30.5%)
Against justice procedures548 (27.5%)
Assault197 (9.9%)
Intimidation, stalking and harassment154 (7.7%)
Drug offences128 (6.4%)

Crime statistics are reported at LGA level and may cover a broader area than this suburb.

Source: State Police Open Data

Crime data as of January 2025· State Police Open Data

Getting around

Walkability.

Walk Score

16

Transit Score

0

Bike Score

40

Scores calculated from OpenStreetMap data (ODbL)

Walkability data as of May 2026· OpenStreetMap

Place

Location.

Amenities

Transport

Nearby suburbs

Education

Schools in Grafton.

Local schools for Grafton

View the catchment for each school to find out more.

Government School Catchment

Grafton High School

7-12CoEdGovernment
View Catchment

Grafton Public School

K-6CoEdGovernment
View Catchment

Westlawn Public School

K-6CoEdGovernment
View Catchment

© ACARA, licensed under CC BY 4.0.

Frequently asked

About Grafton.

What is the median house price in Grafton?
The median house price in Grafton, NSW 2460 is $490,000. The median unit price is $366,250. Annual growth is +8.8%.
What is the Grafton postcode?
Grafton is in the 2460 postcode, in NSW, in the Richmond Valley Council region.
Where is Grafton?
Grafton is a regional suburb in NSW, postcode 2460, in the Richmond Valley Council region.
What is the average rent in Grafton?
The median weekly rent for houses is $300, for units it's $300.
What schools are in Grafton?
There are 12 schools serving Grafton on this page, including Grafton High School, Grafton Public School, St Mary's Primary School.
How walkable is Grafton?
Grafton has a Walk Score of 16 out of 100, highly car-dependent. transit score 0, bike score 40.
What suburbs are near Grafton?
Grafton is close to Grafton West, Carrs Island, Carrs Creek, Waterview, Southampton.
What is the population of Grafton?
The population of Grafton is approximately 10,563 (2021 Census). The median age is 44.

Sources cited

Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →

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