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Sold on 04 Jun 2024 for $40,000

Fred Reece Way
Lightning Ridge NSW 2834

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1535m2
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Property Details for Lot 144 Fred Reece Way, Lightning Ridge

Lot 144 Fred Reece Way, Lightning Ridge is a bedroom, bathroom House. The property has a land size of 1535m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are 38 other bedroom Houses sold in Lightning Ridge in the last 12 months.

Building Type
House
Land Size
1535m2
Local Government
Walgett
Lot/Plan
144/DP1076808

Property History for Lot 144 Fred Reece Way, Lightning Ridge, NSW 2834

A timeline of how this property has performed in the market
Last Sold
$40,000
04 Jun 2024
  • 04 Jun 2024
    Sold for $40,000
  • 24 Sep 2019
    Sold for $26,000
  • 31 Jul 2015
    Sold for $15,000
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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 1,774 properties. Over the last 5 years, Houses in Lightning Ridge have seen a 85.24% increase in median value, while Units have seen a 35.49% increase. As at 28 February 2025:

  • The median value for Houses in Lightning Ridge is $199,770 while the median value for Units is $165,339.
  • Houses have a median rent of $300 while Units have a median rent of $320.
There are currently no properties listed for sale, and no properties listed for rent in Lightning ridge on OnTheHouse. According to CoreLogic's data, 60 properties were sold in the past 12 months in Lightning ridge.

What's around Lot 144 Fred Reece Way, Lightning Ridge

Nearby Schools
Comparable Properties
No school data found.

Suburb Insights for Lightning Ridge 2834

Market Insights
Lightning Ridge Trends for Houses
Median Value

$200k

39.82%
View Trend
Median Growth

21.89%

View Trend
Median Rent

$300/W

0.83%
View Trend
Rental Yield

10.43%

0.19%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (03/24 - 02/25)
Lightning Ridge Trends for Units
Median Value

$165k

11.38%
View Trend
Median Growth

N/A

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Median Rent

N/A

-
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Rental Yield

N/A

-
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (03/24 - 02/25)
Neighbourhood Insights
Age

Population 2,267

0-9

 

9%

10-19

 

9%

20-29

 

9%

30-39

 

10%

40-49

 

11%

50-59

 

17%

60-69

 

16%

70-79

 

15%

80-89

 

4%

Household Structure
Occupancy
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 liability for any loss or damage arising in connection with the data and information contained in this publication.
New South Wales data
Contains property sales information provided under licence from the Valuer General New South Wales. RP Data Pty Ltd trading as CoreLogic Asia Pacific is authorised as a Property Sales Information provider by the Valuer General New South Wales.
Valuations and Estimates
This estimate is provided by CoreLogic, and is based on statistical market data such as recent local sales, property size, number of bedrooms and many more factors. It comes from public data, which may be incomplete or inaccurate, and should not be used in lieu of a professional appraisal under any circumstances, including for lending purposes or in home loan applications.
School data and Content
Product Data licenced by CoreLogic under a Creative Commons Attribution licence. For details regarding licence, data source, copyright and disclaimers, see https://www.corelogic.com.au/legals/third-party-restrictions
ABS data
This publication contains data and statistics provided by the Australian Bureau of Statistics, available at http://www.abs.gov.au/ and reproduced under Creative Commons Attribution 2.5 http://creativecommons.org/licenses/by/2.5/au/legalcode
Liveability information
The Liveability Score is a rating (out of 10) provided by Propella.ai Pty Ltd as a guide about how "well-connected" properties are in certain local areas. The Liveability Score is based on statistical data about a local area in which a property is located including the distance to and number of available facilities and services (including schools, parklands, health services, shopping and public transport) (Liveability Data). The Liveability Data and Liveability Score has not been verified or confirmed by CoreLogic, is not available for all properties, and is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. Given the relative nature of the Liveability Score, propella.ai anticipate that scores for individual properties will change over time.