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Sold on 18 Oct 2024 for $290,000

5/65 Lawrence Street
Inverell NSW 2360

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 2653m2
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Property Details for 5/65 Lawrence St, Inverell

5/65 Lawrence St, Inverell is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 2653m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Inverell in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
82m2
Land Size
2653m2
Local Government
Inverell
Lot/Plan
5/SP20978

Last Listing description (October 2024)

Perfectly located for absolute convenience, this low-maintenance, brick veneer unit presents an unmissable opportunity for investors or home buyers.

Step inside and be greeted by the spacious lounge and dining area. Plantation shutters have been installed to allow natural light to filter in, and the reverse cycle air conditioner and ceiling fan provides year-round comfort.

The current owners have given the interior a fresh coat of paint and updated the light fittings throughout, giving the whole space a welcoming, modern feel.

The kitchen adjoins your living area, and contains an abundance of storage as well as the European-style laundry.

2 bedrooms are both generous in size, with one bedroom having a walk-in robe.

Bathroom with walk-in shower, vanity and a separate toilet for added practicality.

Relax and unwind in your private courtyard, with a personal gate opening into a shared grassy area, available only to the residents of this unit complex.

Park your car in the single garage, complete with electric roller door and concrete driveway.

Enjoy the luxury of having shops and amenities a short walk away, with the convenience of a footpath the whole way there. Also located close by is the RSM Club, parks, sporting fields and churches.

Leased until the end of May 2025 and returning $280 per week, this property makes a great investment opportunity and has been impeccably cared for by the current tenants who are willing to stay on.

Whether you are looking for an investment property or wanting to downsize, this unit just may be what you're looking for.

Disclaimer: All information contained is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries.

Property Code: 1143

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Property History for 5/65 Lawrence St, Inverell, NSW 2360

A timeline of how this property has performed in the market
Last Sold
$290,000
18 Oct 2024
  • 06 Sep 2024
    Sold for $290,000
  • 05 Jun 2024
    Listed for Sale $295,000
  • 13 Apr 2022
    Sold for $250,000
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About Inverell 2360

The size of Inverell is approximately 208.6 square kilometres. It has 25 parks covering nearly 6.2% of total area. The population of Inverell in 2011 was 11,399 people. By 2016 the population was 11,682 showing a population growth of 2.5% in the area during that time. The predominant age group in Inverell is 0-9 years. Households in Inverell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Inverell work in a labourer occupation. In 2011, 65.2% of the homes in Inverell were owner-occupied compared with 61.9% in 2016.

Inverell has 6,497 properties. Over the last 5 years, Houses in Inverell have seen a 56.51% increase in median value, while Units have seen a 47.14% increase. As at 30 November 2024:

  • The median value for Houses in Inverell is $355,950 while the median value for Units is $270,761.
  • Houses have a median rent of $380 while Units have a median rent of $295.
There are currently 100 properties listed for sale, and 29 properties listed for rent in Inverell on OnTheHouse. According to CoreLogic's data, 259 properties were sold in the past 12 months in Inverell.

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