126 Ballina Rd, Lismore is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 613m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Conveniently located close to shops, hospitals, schools, sporting facilities and the university, this high-set home is well-sized and full of potential. The 613M2 block could accommodate a secondary dwelling/granny flat subject to council approval. The property is zoned R1 General Residential and the convenient location could suit home-based business with council consent.
The residence consists of a spacious airconditioned loungeroom/dining area, separate kitchen, 2 sunrooms/sleep-outs which lend themselves to restructure/conversion to an ensuite/walk-in robe/nursery, ceiling fans throughout and the entire home has hardwood timber floors underneath the existing carpets that would polish up beautifully.
There is plenty of space on ground level including a laundry, second toilet, storage area, workspace and car accommodation.
Currently rented to an excellent tenant at $355 per week with a lease until 29 September 2021, making this an ideal investment.
The size of Lismore is approximately 3.9 square kilometres. It has 17 parks covering nearly 17.1% of total area. The population of Lismore in 2011 was 3,799 people. By 2016 the population was 3,576 showing a population decline of 5.9% in the area during that time. The predominant age group in Lismore is 50-59 years. Households in Lismore are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lismore work in a professional occupation. In 2011, 48.9% of the homes in Lismore were owner-occupied compared with 49.2% in 2016.
Lismore has 2,760 properties. Over the last 5 years, Houses in Lismore have seen a 32.52% increase in median value, while Units have seen a 58.17% increase. As at 31 October 2024:
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