FOR SALE
$549,000

16 Cumbrae Avenue
Lismore NSW 2480

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 689m2
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High on the Hill

Located close to transport, shops, schools and Southern Cross University, this elevated Lismore home offers convenience and heaps of potential for the investor or home buyer looking to secure a home now to move into later. At the front of the home is the generous air-conditioned living area, with sliding glass doors between the two sections to help create privacy for a home office, kids' play room or separate dining room. The updated kitchen has enough space to accommodate a table for casual dining. Two of the three bedrooms have built-in wardrobes, and the tidy bathroom has a separate toilet for convenience. The internal laundry has a second toilet, plus easy access to the yard via a small patio area. There are lovely polished timber floors throughout.
Under the home, you've got a good-sized garage with workshop space, plus a carport big enough to accommodate a caravan. Solar panels on the roof feed back to the grid offering great savings on your energy bills. The exterior has been freshly repainted. All this on a good-sized block, situated high above the town to take in the views and cooling breezes. For the investor, there are great tenants in place paying $470 a week on a lease until April 2025. For more information or to arrange your inspection. contact Rob Horder 0439 135 125.

Property Details for 16 Cumbrae Ave, Lismore

16 Cumbrae Ave, Lismore is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 689m2. The place is currently for sale with PRD Real Estate Northern Rivers.

Building Type
House
Land Size
689m2

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About Lismore 2480

The size of Lismore is approximately 3.9 square kilometres. It has 17 parks covering nearly 17.1% of total area. The population of Lismore in 2011 was 3,799 people. By 2016 the population was 3,576 showing a population decline of 5.9% in the area during that time. The predominant age group in Lismore is 50-59 years. Households in Lismore are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lismore work in a professional occupation. In 2011, 48.9% of the homes in Lismore were owner-occupied compared with 49.2% in 2016.

Lismore has 2,761 properties. Over the last 5 years, Houses in Lismore have seen a 32.52% increase in median value, while Units have seen a 58.17% increase. As at 31 October 2024:

  • The median value for Houses in Lismore is $447,147 while the median value for Units is $446,103.
  • Houses have a median rent of $520 while Units have a median rent of $380.
There are currently 34 properties listed for sale, and 6 properties listed for rent in Lismore on OnTheHouse. According to CoreLogic's data, 168 properties were sold in the past 12 months in Lismore.

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Rob Horder
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