95 Mcfarlane StreetSouth Grafton NSW 2460
Property Details for 95 Mcfarlane St, South Grafton
95 Mcfarlane St, South Grafton is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1970. The property has a land size of 564m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 3 bedroom House sold in South Grafton in the last 12 months.
Last Listing description (November 2025)
This property, and the neighbouring vacant block (101 McFarlane St), can be purchased together or separately in an opportunity that only gets better the closer you look.
EXISTING IMPROVEMENTS ...
The existing home on 95 McFarlane is a neat 3 bedroom brick home renovated in recent years offering views over a neighbouring reserve from the back veranda.
There is a tenant in place at present paying $360 per week on a periodical lease. Our team has appraised the property at $400 per week for future leases.
With interest rates tipped to drop further in 2025 it is time to jump into the market before it jumps again.
LARGER INVESTMENT PROJECT...
The current owners of both properties have worked with designers to come up with a plan aimed at securing Federal Government funding under the Housing Australia Future Fund (HAFF). Essentially the fund is designed to provide affordable housing to address the national housing crisis.
Landowners can potentially partner up with charitable organisations to provide housing with the building project funded by the HAFF. The Government then leases the residences back for 30 years with rental income pegged to the CPI.
The rental income is then split between the charitable organisation and the landowner at a rate negotiated between the two parties.
In this plan (which covers both 95 and 101 McFarlane Street) there would ultimately be six modular builds - see plan in this listing. The two-stage plan would see the demolition of the house on 95 McFarlane Street to make way for the final three modular homes.
It is important to note that though the plans seen here have been prepared by professionals with experience in this field, there is no guarantee that a HAFF application would be successful. It is important that buyers do their own research before committing to the sale.
Note also - each allotment will require a separate contract of sale.
More information on HAFF - https://www.dpie.nsw.gov.au/land-and-housing-corporation/plans-and-policies/housing-australia-future-fund
Book your inspection today and don't be shy with offers - our vendor is keen to move this property on.
Please see link below for neighbouring property (101 McFarlane Street, South Grafton).
https://lifestylegroup.com.au/land/101-mcfarlane-street-south-grafton-nsw-2460/
Terry Deefholts Licence No. 20416801
DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters
Property History for 95 Mcfarlane St, South Grafton, NSW 2460
- 01 Sep 2025Sold for $341,000
- 30 May 2025Listed for Sale $341,000
- 23 Feb 2022Sold for $140,000
Recent sales nearby
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0About South Grafton 2460
The size of South Grafton is approximately 24.9 square kilometres. There are 17 parks, covering nearly 6.9% of the total area. The population of South Grafton in 2016 was 6068 people. By 2021 the population was 6288 showing a population growth of 3.6% in the area during that time. The predominant age group in South Grafton is 10-19 years. Households in South Grafton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Grafton work in a community and personal service occupation.In 2021, 60.70% of the homes in South Grafton were owner-occupied compared with 60.60% in 2016.
South Grafton has 3,369 properties. Over the last 5 years, Houses in South Grafton have seen a 47.99% increase in median value, while Units have seen a 23.92% increase. As at 30 June 2026:
- The median value for Houses in South Grafton is $471,377 while the median value for Units is $348,427.
- Houses have a median rent of $500 while Units have a median rent of $400.
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