24 Waratah St, Grassy is a 3 bedroom, 1 bathroom House and was built in 1940. The property has a land size of 871m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
The cheapest house on the Island!
The house is a neat 3-bedroom with separate lounge, the polished floors being a feature. The block has all town services, plus its own fresh water supply to supplement the town service, and is nicely located just a few minutes walk to the town shop. The Vendors are keen to sell and have now priced this property at the bottom end of the market making an attractive package for the first home buyer or investor. It is currently let for around $130 per week.
The size of Grassy is approximately 14.5 square kilometres. It has 6 parks covering nearly 15.2% of total area. The population of Grassy in 2016 was 139 people. By 2021 the population was 121 showing a population decline of 13.0% in the area during that time. The predominant age group in Grassy is 30-39 years. Households in Grassy are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Grassy work in a labourer occupation.In 2021, 60.00% of the homes in Grassy were owner-occupied compared with 62.50% in 2016.
Grassy has 162 properties. Over the last 5 years, Houses in Grassy have seen a -6.18% decrease in median value. As at 31 December 2025:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.