OFF MARKET

3 Aerodrome Road
Lightning Ridge NSW 2834

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 3 Aerodrome Rd, Lightning Ridge

3 Aerodrome Rd, Lightning Ridge is a 2 bedroom, 2 bathroom House with 1 parking spaces.

Building Type
House
Local Government
Walgett

Last Listing description (February 2024)

Camp with a difference!

This camp is in a good location on a bitumen road connected to 240vt electricity. The property has two bedrooms both with ensuites, one of these has a wardrobe. Spacious kitchen with a gas stove and tiled flooring which flows onto the large loungeroom. The property is fitted with a wood fireplace in the loungeroom and also has split systems installed in the loungeroom/living area and one of the bedrooms.
Established gardens and a large storage shed with concrete flooring and a carport attached to the front. There are two rainwater tanks attached to the property. Large outdoor entertaining area accessible from the kitchen. This property is fully fenced.

This property offers a great investment opportunity for a potential buyer, with the property currently tenanted and a rental return of $270.00 per week.

Please contact us to organise an inspection.

Property History for 3 Aerodrome Rd, Lightning Ridge, NSW 2834

A timeline of how this property has performed in the market
  • 21 Mar 2023
    Listed for Sale $165,000.00

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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.