SOLD
Sold on 09 Oct 2024 for $155,000

16 Gem Street
Lightning Ridge NSW 2834

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 109m2
Land area: 1189m2
Sold By
Moree Real Estate
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Property Details for 16 Gem St, Lightning Ridge

16 Gem St, Lightning Ridge is a 3 bedroom, 2 bathroom House. The property has a land size of 1189m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Lightning Ridge in the last 12 months.

Building Type
House
Floor Size
109m2
Land Size
1189m2
Local Government
Walgett
Lot/Plan
12/5/DP758612

Last Listing description (October 2024)

This charming home is situated on a large, dual street access, corner block close to the school. The 2-3 bedrooms offer flexible living spaces perfect for someone needing an additional bedroom or office space. The home offers an open planned kitchen, dining room which flows out to the front enclosed veranda.
This property would be a great investment opportunity with a great long term tenant who is currently paying $190.00 weekly.
Other Features include:

- New floor coverings throughout some of the home
- 2 bathrooms
- Internal laundry, within a large 'backroom' with flexible usage potential

Please contact us to book an inspection.

Property History for 16 Gem St, Lightning Ridge, NSW 2834

A timeline of how this property has performed in the market
Last Sold
$155,000
09 Oct 2024
  • 09 Oct 2024
    Sold for $155,000
  • 10 Jul 2024
    Listed for Sale $165,000.00
  • 27 Nov 2001
    Sold for $95,000
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About Lightning Ridge 2834

The size of Lightning Ridge is approximately 2,139.2 square kilometres. It has 3 parks covering nearly 0.7% of total area. The population of Lightning Ridge in 2011 was 2,491 people. By 2016 the population was 2,267 showing a population decline of 9.0% in the area during that time. The predominant age group in Lightning Ridge is 50-59 years. Households in Lightning Ridge are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Lightning Ridge work in a community and personal service occupation. In 2011, 59.3% of the homes in Lightning Ridge were owner-occupied compared with 55.2% in 2016.

Lightning Ridge has 1,767 properties. Over the last 5 years, Houses in Lightning Ridge have seen a 55.85% increase in median value, while Units have seen a 34.44% increase. As at 30 November 2024:

  • The median value for Houses in Lightning Ridge is $158,099 while the median value for Units is $275,061.
  • Houses have a median rent of $300 while Units have a median rent of $320.
There are currently 1 property listed for sale, and no properties listed for rent in Lightning ridge on OnTheHouse. According to CoreLogic's data, 64 properties were sold in the past 12 months in Lightning ridge.

Suburb Insights for Lightning Ridge 2834

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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.