OFF MARKET

31 Gibbon Street
Lennox Head NSW 2478

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 156m2
Land area: 740m2
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Property Details for 31 Gibbon St, Lennox Head

31 Gibbon St, Lennox Head is a 4 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 740m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in September 2014.

Building Type
House
Floor Size
156m2
Land Size
740m2
Local Government
Ballina
Lot/Plan
22/9/DP11905

Last Listing description (March 2015)

On offer in downtown Lennox Head, these two original 2 bedroom properties in an ideal location can only mean one thing. This is your opportunity to enjoy an ideal Village location and reap the rewards of renovation, either now or in the future.

Currently they exist as 2 x 2 bedroom dwellings on a large parcel of land with an ideal North East aspect, with dual access via Gibbon Street and Lems Lane, providing a fantastic opportunity to renovate or rebuild and have two separate homes similar to others in the near vicinity (Subject to council approval). This is a fantastic opportunity for the developer, investor or those wanting to add value to this Lennox beach property, given it's approved Dual Occupancy status.

The front house is stuated on Gibbon Street, and has a large grass lawn area, single carport, open plan living, kitchen, dining plus two double bedrooms and combined bathroom/laundry. There is also a large covered store area to the rear. The home itself is in original condition and has scope for a basic update or perhaps a complete renovation depending on your needs.

The second house has access off Lems Lane. It also offers open plan living, kitchen and dining area, with two double bedrooms, and built in robes. A separate bathroom and WC, plus a single lock up garage and car port. The patio is also a nice sunny spot to sit, facing North.

You may choose to live in one as is and rent the other for additional income, or ideal for extended family. Perhaps renovate for a holiday property, or build two new dwellings (Subject to council approval).

Contact Lois to discuss the many varying options available with this fantastic
Village property.

Council Rates: $2500 per annum approx

Property History for 31 Gibbon St, Lennox Head, NSW 2478

A timeline of how this property has performed in the market
Last Sold
$850,000
25 Sep 2014
  • 25 Sep 2014
    Sold for $850,000
  • 11 Jul 2014
    Listed for Sale $855,000 +

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About Lennox Head 2478

The size of Lennox Head is approximately 20.6 square kilometres. It has 14 parks covering nearly 4.5% of total area. The population of Lennox Head in 2011 was 6,146 people. By 2016 the population was 6,411 showing a population growth of 4.3% in the area during that time. The predominant age group in Lennox Head is 50-59 years. Households in Lennox Head are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lennox Head work in a professional occupation. In 2011, 71.9% of the homes in Lennox Head were owner-occupied compared with 74.2% in 2016.

Lennox Head has 4,669 properties. Over the last 5 years, Houses in Lennox Head have seen a 68.85% increase in median value, while Units have seen a 50.53% increase. As at 31 October 2024:

  • The median value for Houses in Lennox Head is $1,571,412 while the median value for Units is $1,084,716.
  • Houses have a median rent of $920 while Units have a median rent of $680.
There are currently 61 properties listed for sale, and 4 properties listed for rent in Lennox head on OnTheHouse. According to CoreLogic's data, 188 properties were sold in the past 12 months in Lennox head.

Suburb Insights for Lennox Head 2478

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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.