OFF MARKET

2 Lappkalle Street
Lightning Ridge NSW 2834

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 119m2
Land area: 1250m2
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Property Details for 2 Lappkalle St, Lightning Ridge

2 Lappkalle St, Lightning Ridge is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 2000. The property has a land size of 1250m2 and floor size of 119m2.

Building Type
House
Year Built
2000
Floor Size
119m2
Land Size
1250m2
Local Government
Walgett
Lot/Plan
23/DP837866

Last Listing description (June 2015)

This property has endless opportunities. There are two homes on the one block. You can live in the front house and rent out the rear, or rent both, as the current owners have previously done. The front house was returning $350 per week and the rear home is returning $200 per week. That's a whopping $550 per week, for such a small purchase price. The choice is yours.
The front home features 4 bedrooms(or 3 + Study), a large living area, spacious timber kitchen with granite bench tops, ducted cooling system, Built in robes to bedrooms, floating floor boards, remote control double garage, and a 6 panel solar electricity system, to reduce bills.
The rear home has two bedrooms, modern kitchen, bathroom, and outdoor entertaining/BBQ area adjacent to the carport area.

All this is set on a fully landscaped block of land measuring 1000sqm(quarter acre) approx, close to the town centre which offers all services/shops/amenities.
The owners are selling this property under cost price and all reasonable offers will be accepted!
Call or email now to organise your inspection/appointment.

Property History for 2 Lappkalle St, Lightning Ridge, NSW 2834

A timeline of how this property has performed in the market
  • 12 Apr 2013
    Listed for Sale $319,000
  • 07 Apr 2011
    Listed for Sale 295000

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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.