SOLD
Sold on 01 Mar 2024 for $2,375,000

47 Gibbon Street
Lennox Head NSW 2478

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 130m2
Land area: 758m2
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Property Details for 47 Gibbon St, Lennox Head

47 Gibbon St, Lennox Head is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 758m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Lennox Head in the last 12 months.

Building Type
House
Floor Size
130m2
Land Size
758m2
Local Government
Ballina
Lot/Plan
21/8/DP11905

Last Listing description (January 2024)

For over 50 years, this much-adored beachside bungalow has been owned by the same family. There is now a rare opportunity to immerse yourself in the village environment for the next 50 years. This 753sqm medium-density block offers a multitude of options for the buyer looking to capitalize on this amazing location. Just 300m to Lake Ainsworth and 7 Mile Beach, this somewhat blank canvas includes the original beach shack with rear lane access. You could choose to keep the current home, build out the back, or redevelop the entire block with the option for 3 homes (STCA). This could be the perfect opportunity for those seeking to do a joint venture with a friend, allowing you to move into the village and enjoy all that it has to offer. The opportunity to own one of the last full blocks in the village is dwindling, with only a handful left available.

Property History for 47 Gibbon St, Lennox Head, NSW 2478

A timeline of how this property has performed in the market
Last Sold
$2,375,000
01 Mar 2024
Listed for Rent
$290/w
21 Aug 2005
  • 01 Mar 2024
    Sold for $2,375,000
  • 23 Oct 2023
    Listed for Sale For Sale: $2.5m
  • 14 Jun 2023
    Sold
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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 4,668 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 59 properties listed for sale, and 3 properties listed for rent in Lennox head on OnTheHouse. According to CoreLogic's data, 182 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.