South Grafton, NSW 2460

Richmond Valley CouncilAll suburbs in postcode 2460

Updated

Median house price

$430,000

+2.4% over the past year.

Median of 169 house sales · NSW Valuer General · calendar 2025

Selling in South Grafton?

Get the free selling guide, personalised to South Grafton, or ask for a free appraisal from a local agent.

South Grafton at a glance

Median unit
$205,920
Weekly rent
$520
Houses · units $415
Population
6,288
Median age 40

Prices: Median of 169 house sales · NSW Valuer General · calendar 2025 · Rent: NSW rental bond data (postcode 2460), June 2026 · Population: 2021 Census

House prices in South Grafton

Houses change hands at $430,000 on a typical sale, well below the NSW median (169 house sales, NSW Valuer General, calendar 2025). Units come in around $205,920, roughly 52% below the house median. The 12-month picture is essentially flat performance (+2.4%), so buyers and sellers are negotiating on roughly the same number.

For buyers

A 20% deposit on the median house works out to roughly $86,000. Prices are well below the NSW median, which keeps South Grafton on the radar for first-home buyers and right-sizers.

See what you can borrow

Rental data as of June 2026· NSW rental bond data (postcode 2460)

Free appraisal in South Grafton

What’s your home worth in South Grafton?

Ask us to introduce one participating agent who sells in your area for an appraisal backed by recent comparable sales. Only with your permission, and no commitment to list.

What to know about South Grafton

South Grafton (2460) sits in the Richmond Valley region of NSW. The median house here is $430,000, well below the NSW median of around $1.10M. Prices have moved +2.4% over the past year, in line with the NSW average (3%).

South Grafton has roughly 6,288 residents, with a typical family-age mix. Households are mostly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.

What it’s like to live here

South Grafton scores 0/100 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.

Summer days here average around 30°C (warm), winter mornings around 7°C (cool). Annual rainfall lands at about 950 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).

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

Schools in South Grafton

Schools serving South Grafton: government first, then Catholic and independent.

Government schools

Gillwinga Public School

K-6Co-edGovernment
Catchment

Induna School

UBoysGovernment
Catchment

South Grafton High School

7-12Co-edGovernment
Catchment

© ACARA, licensed under CC BY 4.0.

Location

Walkability

Walk
0/100
Transit
0/100
Bike
10/100

Very car dependent. Scores out of 100, calculated from OpenStreetMap data (ODbL).

Walkability data as of May 2026· OpenStreetMap

Demographics

The 2021 Census put South Grafton's population at 6,288, with a median age of 40. That sits as a typical family-age mix. Households are mostly owner-occupied (61% own, 36% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (64% family households, 32% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.

Family households
64%
Lone person
32%
Owner occupied
61%
Renter occupied
36%

Demographics data as of May 2026· ABS 2021 Census

Investment overview

Gross rental yield on houses sits at 6.29% (median rent $520/wk against a $430,000 price tag). Units yield 10.48% gross, often the better cash-flow play for first-time investors. With 36% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.

Gross yield, housesSource: NSW Valuer General (PSI) · Sept 2026
6.29%
On the $430,000 median
Gross yield, unitsSource: NSW Valuer General (PSI) · Sept 2026
10.48%
On the $205,920 median
12-month change, housesSource: NSW Valuer General (PSI) · Sept 2026
+2.4%

Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.

Crime and safety

966 offences recorded in 2026

Top offence categories
Theft322 (33.3%)
Against justice procedures149 (15.4%)
Assault132 (13.7%)
Drug offences85 (8.8%)
Malicious damage to property85 (8.8%)

Source: State Police Open Data

Crime data as of January 2026

Weather year-round

Annual rainfall
950 mm
Hottest month, avg max
30.0°C
Coldest month, avg min
6.8°C
Rainfall by month
J
F
M
A
M
J
J
A
S
O
N
D

Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.

Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations

Questions about South Grafton

What is the median house price in South Grafton?
The median house price in South Grafton, NSW 2460 is $430,000 (median of 169 house sales recorded by the NSW Valuer General in calendar 2025). The median unit price is $205,920. Annual growth is +2.4%.
How much is my house worth in South Grafton?
A useful starting point is the South Grafton median house price of $430,000 (units $205,920). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
Is South Grafton a good investment?
On the published figures, the gross rental yield on houses in South Grafton is 6.3%: the median weekly house rent is $520 (NSW rental bond data (postcode 2460), June 2026) against the median house price of $430,000 (NSW Valuer General, calendar 2025). The median house price rose 2.4% over 12 months on the same NSW Valuer General figures. Whether South Grafton is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
What is the South Grafton postcode?
South Grafton is in the 2460 postcode, in NSW, in the Richmond Valley Council region.
Where is South Grafton?
South Grafton is a suburb in the Richmond Valley Council area, NSW 2460.
What is the average rent in South Grafton?
The median weekly rent for houses is $520, for units it's $415.
What schools are in South Grafton?
There are 12 schools serving South Grafton on this page, including St Joseph's Primary School, Gillwinga Public School, Induna School.
How walkable is South Grafton?
South Grafton has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 10.
What suburbs are near South Grafton?
South Grafton is close to Southampton, Bom Bom, Grafton West, Grafton, Waterview.
What is the population of South Grafton?
The population of South Grafton is approximately 6,288 (2021 Census). The median age is 40.

Selling in South Grafton? Get the free selling guide

What selling costs, how agents price homes, what to ask them and a 12-week plan to settlement, personalised to South Grafton. A free PDF, in about a minute.

Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data

How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.