OFF MARKET

2/227 Wyrallah Road
East Lismore NSW 2480

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 78m2
Land area: 87890m2
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Property Details for 2/227 Wyrallah Rd, East Lismore

2/227 Wyrallah Rd, East Lismore is a bedroom, bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 87890m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in August 2016.

Building Type
Unit
Year Built
1980
Floor Size
78m2
Land Size
87890m2
Local Government
Lismore
Lot/Plan
2/SP18034

Last Listing description (June 2016)

THIS IS A GENUINELY EXCITING INVESTMENT OPPORTUNITY FOR THOSE WITH SOME VISION AND AN EYE ON THE FUTURE.TWO, ATTACHED, SINGLE LEVEL APARTMENTS LOCATED WELL BACK FROM THE STREET FRONTAGE BUILDING LINE OF 6 METRES AND FEATURING THE FOLLOWING: LARGE SITE AREA IN EXCESS OF 1,000 SQM EXHIBITING A GENTLE FALL TO STREET FRONTAGE. EXTENSIVE STREET FRONTAGE. LONG TERM, QUALITY TENANTS IN PLACE KEEN TO STAY ON. SOLID MASONRY CONSTRUCTION ..BRICK AND TILE. WELL-PRESENTED AND WELL MAINTAINED PREMISES CAPABLE OF AND IMMEDIATELY BENEFITTING SUBSTANTIALLY FROM FINISHES UPGRADE SUCH AS PAINTING AND FLOOR COVERINGS. SOME MINOR MAINTENANCE ISSUES AS WOULD BE EXPECTED. SUBSTANTIAL OPPORTUNITY TO EXTEND EXISTING PREMISES FORWARDS, TOWARDS WYRALLAH ROAD OR ALTERNATIVELY REDEVELOP THE SITE SUBJECT TO COUNCIL APPROVAL TO EITHER: 6 ONE BEDROOM APARTMENTS, OR 4 TWO BEDROOM APARTMENTS, OR A COMBINATION OF NEW AND OLD OR A MIX OF ONE AND TWO OR OTHER APARTMENTS. NORTH EAST FACING OUTLOOK. SCHOOLS, UNIVERSITY, PARKS IN CLOSE PROXIMITY. PREFERRED EAST LISMORE ADDRESS.IF YOU D LIKE TO HAVE AN INSPECTION OR WANTING FURTHER DETAILS PLEASE CONTACT JOHN ON 0414 331 319. PLEAE NOTE FLOOR PLANS ARE NOT ACCURATE.

Property History for 2/227 Wyrallah Rd, East Lismore, NSW 2480

A timeline of how this property has performed in the market
Last Sold
$350,000
30 Aug 2016
  • 30 Aug 2016
    Sold for $350,000
  • 24 Jun 2016
    Listed for Sale $363,000
  • 09 Feb 1998
    Sold for $70,000

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About East Lismore 2480

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:

  • The median value for Houses in East Lismore is $498,528 while the median value for Units is $437,903.
  • Houses have a median rent of $550 while Units have a median rent of $400.
There are currently 47 properties listed for sale, and 7 properties listed for rent in East lismore on OnTheHouse. According to CoreLogic's data, 125 properties were sold in the past 12 months in East lismore.

Suburb Insights for East Lismore 2480

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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.