142 Laurel Ave, Lismore is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 625m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 5 bedroom House sold in Lismore in the last 12 months.
Available to be purchased on it's own or in conjunction with 138 and 144 Laurel Avenue - this is an outstanding opportunity to add to your investment portfolio. Currently leased to the Northern NSW Local Health District until the 31st of December 2027 at $700 per week. Fully restored post flood with no expense spared, the floorplan has been designed to create a dual key configuration, one suite consisting two bedrooms and one bathroom, while the other suite offers three bedrooms and two bathrooms. Fully air conditioned and with a fresh modern palette, the property delivers both style and practicality. Located right in the heart of the health precinct and zoned R3 - medium density, this could be a smart, long-term strategic holding while providing a strong return.
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 2,759 properties. Over the last 5 years, Houses in Lismore have seen a 23.94% increase in median value, while Units have seen a 47.29% increase. As at 31 July 2024:
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