FOR SALE
$259,000

2/115 Laurel Avenue
Lismore NSW 2480

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 137m2
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UNIT – BASE HOSPITAL AREA

Renovated 2-bedroom highset unit in convenient location. Walk to base hospital, Lismore square and city centre. Yes, the property was affected by the 2022 February flood event. The property has been renovated throughout, new kitchen, new appliances, vinyl and carpet floor coverings and fresh paint. Open plan living area with air-conditioning, both bedrooms have built in robes. Neat bathroom. East facing timber patio. Downstairs is the laundry with heaps of storage/ utility space and lock-up garage.
Present tenant paying $400 per week, with a gross return at 7.7% p.a. Can be purchased with vacant possession or keep existing tenant.
Phone Gerald on 0408 666 899 for your inspection.

Property Details for 2/115 Laurel Ave, Lismore

2/115 Laurel Ave, Lismore is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 137m2. The place is currently for sale with Wal Murray & Co First National - LISMORE.

Building Type
Unit
Land Size
137m2

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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 2,759 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 30 properties listed for sale, and 6 properties listed for rent in Lismore on OnTheHouse. According to CoreLogic's data, 169 properties were sold in the past 12 months in Lismore.

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Gerald Pollard
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Wal Murray & Co First National - LISMORE
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