OFF MARKET

5 King George Drive
East Lismore NSW 2480

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 242m2
Land area: 1022m2
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Last updated 14 Oct 2024
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Property Details for 5 King George Dr, East Lismore

5 King George Dr, East Lismore is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 1022m2 and floor size of 242m2. While the property is not currently for sale or for rent, it was last sold in September 2016.

Building Type
House
Year Built
1980
Floor Size
242m2
Land Size
1022m2
Local Government
Lismore
Lot/Plan
1/DP586565

Last Listing description (September 2016)

Fall in love with this home, tucked away in a highly sought after prestigious East Lismore location. While being just a short drive from local shops, schools, university and Golf Club, it will feel like you are sitting on top of the town, and you won't believe the views that come with it!
Step inside to the room with wow factor. A sunken lounge with all glass windows showcases the stunning view over Lismore and the city lights at night. The extra large kitchen is well equipped and has room to move, and there is an open plan dining space. A combustion fireplace keeps this space cosy in the chilly months.
Also upstairs you will find 4 good sized bedrooms, 1 bathroom, 2 toilets and an internal laundry. Take the spiral staircase down to an extra large double bedroom, which opens onto a small covered area. Downstairs is also a handy 3rd toilet and a large lock-up storage area.

Outside a path leads to a Council approved self-contained retreat. This is one open space incorporating a bedroom, kitchenette and shower.
Established gardens are spread around the property and even a flowering avocado tree. There is a fully fenced yard, 2 car garage and room for another 2 cars in off street parking.
This home is currently rented by mature students and returning an extremely high rental income of $730. Should this be purchased by an investor they would eagerly sign a long term lease, making a very attractive investment.
Alternatively it would make an absolutely ideal family home. Spacious enough for everyone and in a great family friendly area, it is just awaiting a family to come and put their personal touch on the place.
To arrange your private inspection please contact Michelle Mitchell 0423 322 873 today.

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Property History for 5 King George Dr, East Lismore, NSW 2480

A timeline of how this property has performed in the market
Last Sold
$489,000
14 Sep 2016
  • 14 Sep 2016
    Sold for $489,000
  • 20 Jul 2016
    Listed for Sale $489,000
  • 02 Dec 2008
    Sold for $410,000

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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 2,532 properties. Over the last 5 years, Houses in East Lismore have seen a 34.72% increase in median value, while Units have seen a 47.98% increase. As at 30 September 2024:

  • The median value for Houses in East Lismore is $481,104 while the median value for Units is $435,618.
  • Houses have a median rent of $550 while Units have a median rent of $390.
There are currently 40 properties listed for sale, and 4 properties listed for rent in East lismore on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in East lismore.

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