FOR SALE
$399,000

51 Newbridge Street
South Lismore NSW 2480

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 873m2
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Investor Alert!!!

This high-set home underwent an amazing makeover in 2023 and benefits from rear lane access to the spacious 873 square metre allotment. The property is currently tenanted for $480 per week with a fixed term lease running until 5th of February 2025, a good addition for your investment portfolio. The home features three spacious bedrooms, two with built-ins, a spacious living room with combustion fireplace and a new modern kitchen which is well appointed with ample cupboard space, stone benchtops and modern appliances including a dishwasher. The modern bathroom (renovated pre flood) is still in great order whilst there are hardwood timber floors throughout. For convenience the laundry has been relocated upstairs and leads out to the fully screened, covered rear deck. Underneath the home is fully concreted, making a great area for a workshop and providing loads of storage space, secure parking for two vehicles and the convenience of a drive through to the rear yard which is level making for ease of maintenance and provides loads of room for a shed. There is all year round comfort with air conditioning in every room and for the energy conscious solar power and solar hot water will curb those living costs. Centrally located only a hop skip and a jump to the south side shops and only minutes to the Lismore CBD. Disclaimer: Please note property was affected by the 2022 Flood event.

Property Details for 51 Newbridge St, South Lismore

51 Newbridge St, South Lismore is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 873m2. The place is currently for sale with Ray White Lismore.

Building Type
House
Land Size
873m2

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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 1,241 properties. Over the last 5 years, Houses in South Lismore have seen a 14.47% increase in median value, while Units have seen a 49.97% increase. As at 31 August 2024:

  • The median value for Houses in South Lismore is $351,770 while the median value for Units is $454,835.
  • Houses have a median rent of $485 while Units have a median rent of $350.
There are currently 17 properties listed for sale, and 1 property listed for rent in South lismore on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in South lismore.

Suburb Insights for South Lismore 2480

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Mark Harley
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Ray White Lismore
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.