54 College St, East Lismore is a 5 bedroom, 2 bathroom House and was built in 1960. The property has a land size of 614m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in October 2017.
This renovated weatherboard home represents a rare opportunity for investors with tenants in place until December 2018 and currently achieving a high rental return of $450.00 per week. Renovated internally with 6 large bedrooms, timber floors throughout and fully equipped kitchen with modern tiled bathrooms plus solar hot water and a third toilet. Open plan living and dining with lounge and separate laundry. Future student share house potential (STCA) being located only 100m to Southern Cross University. With playing fields over the road and walking distance to local shops, private hospital, schools and CBD, the location is ideal. Do not delay as this is not likely to stay on the market long.
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 2,539 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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