171 Ballina Rd, East Lismore is a 7 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 1378m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 7 bedroom House sold in East Lismore in the last 12 months.
Restore this home to it financial potential. Prior to the flood this home gave the owner a good income with four bedrooms being rented out downstairs, which included a common kitchen and two bathrooms. Upstairs is a comfortable three-bedroom home with a large lounge room and covered rear deck that looks over the large back yard that has access down the side of the home and features a separate double garage plus a single under the house. The home has been stripped out and now allows the opportunity to redesign the upstairs living areas if desired. There are photos available that show the homes potential and can viewed either on line of at our office. These old homes have stood the test of time and whatever mother nature has thrown at them, I doubt the same could be said of a modern home. The large block lends itself to a number of opportunities. Great location close to the hospital and shopping centre.
The size of East Lismore is approximately 6.4 square kilometres. It has 8 parks covering nearly 15.2% of total area. The population of East Lismore in 2011 was 4,987 people. By 2016 the population was 4,967 showing a population decline of 0.4% in the area during that time. The predominant age group in East Lismore is 20-29 years. Households in East Lismore are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in East Lismore work in a professional occupation. In 2011, 59.8% of the homes in East Lismore were owner-occupied compared with 56.6% in 2016.
East Lismore has 2,540 properties. Over the last 5 years, Houses in East Lismore have seen a 42.36% increase in median value, while Units have seen a 53.84% increase. As at 31 October 2024:
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