270 Magellan St, Lismore is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1955. The property has a land size of 859m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in May 2019.
It has been a long time since I was last offered for sale. Over the years I have been an excellent investment for my current owners and will continue to do so for any astute investor. My location to all amenities is second-to-none and I am flood-free which is an added bonus. I would make an ideal residence for a tradie with easy access to all major roads and a large garage/workshop area to go. For the growing family I come with a larger-than-average level, fenced and child-safe yard with the school just across the road. In fact, I would make an ideal family location because of my easy level walking distance to all amenities including sporting fields, shops, transport and Base Hospital.
It is rather sad to part with my current owners who are moving on to Greener Pastures, but I am also looking forward to new owners who will most probably give me a new lease on life as I have loads of potential.
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 2,763 properties. Over the last 5 years, Houses in Lismore have seen a 33.00% increase in median value, while Units have seen a 57.94% increase. As at 30 November 2024:
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