201 Magellan St, Lismore is a 5 bedroom, 1 bathroom House with 3 parking spaces and was built in 1920. The property has a land size of 552m2 and floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
This substantial high set weatherboard home is ready for a makeover after being unfortunately affected by the February floods. The property has been cleaned inside and out and presents extremely well. The inside of the home is all timber, with hard wood floors, vj lining boards and ceilings and power has been fully restored to the property. The kitchen has been stripped however the two near new bathrooms only require minimal work to be fully restored. There are four spacious bedrooms, a separate lounge area and a combined meals/family room. Under the home is completely concreted and provides room for multiple car accommodation, loads of storage space and also houses the laundry. Situated in a very convenient location within walking distance to Lismore Shopping Square, Schools, Sporting fields and CBD.
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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