FOR SALE
$540,000 - $580,000

33 Ostrom Street
South Lismore NSW 2480

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 841m2
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Tremendous Value & A Great Rental Return – Inspection Recommended

Open Home Saturday 23rd Nov 10.30 am to 11am
Surrounded by tropical gardens and featuring all the charm and elegance of its era this magnificent 5-bedroom, 2-bathroom Queenslander built in 1910 is not only a wonderful place to call home but an incredible investment opportunity for the astute investor.
Experience the warm ambiance of polished timber flooring throughout, complemented by high ceilings, vj wall boards, french doors, fabulous timber verandahs and intricate detailing that reflect the craftsmanship of a bygone era.
Fitted with a huge 8kw of solar panels to reduce living costs and sitting on a level and leafy 841 sqm level block with bonus self contained studio in the backyard, this home is something very special.
The clever layout also allows for effortless conversion into two self-contained apartments if desired.
- Built in 1910
- Fabulous wrap around front verandah, back verandah and private juliette
balcony off master bedroom suite
- Five spacious bedrooms - four with verandah access and french doors.
-Two stylishly renovated bathrooms, modern while preseving vintage appeal
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Property Details for 33 Ostrom St, South Lismore

33 Ostrom St, South Lismore is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 841m2. The place is currently for sale with Elders Real Estate Lismore.

Building Type
House
Land Size
841m2

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About South Lismore 2480

The size of South Lismore is approximately 8.6 square kilometres. It has 3 parks covering nearly 3.5% of total area. The population of South Lismore in 2011 was 1,901 people. By 2016 the population was 1,869 showing a population decline of 1.7% in the area during that time. The predominant age group in South Lismore is 10-19 years. Households in South Lismore are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Lismore work in a labourer occupation. In 2011, 65% of the homes in South Lismore were owner-occupied compared with 63.5% in 2016.

South Lismore has 1,244 properties. Over the last 5 years, Houses in South Lismore have seen a 21.00% increase in median value, while Units have seen a 49.29% increase. As at 31 October 2024:

  • The median value for Houses in South Lismore is $384,955 while the median value for Units is $448,277.
  • Houses have a median rent of $495 while Units have a median rent of $350.
There are currently 15 properties listed for sale, and 6 properties listed for rent in South lismore on OnTheHouse. According to CoreLogic's data, 114 properties were sold in the past 12 months in South lismore.

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Katrina Ulyatt
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Elders Real Estate Lismore
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