9 Jubilee StreetLismore NSW 2480
Property Details for 9 Jubilee St, Lismore
9 Jubilee St, Lismore is a 10 bedroom, 6 bathroom Unit with 6 parking spaces and was built in 1987. The property has a land size of 1309m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (December 2021)
We are pleased to present to market this outstanding opportunity to add to your investment portfolio. Comprising of four, two bedroom and two, one bedroom units, this low maintenance complex is consistently tenanted with some being in place for over ten years. Offering an outstanding net return in excess of $50,000 with potential to increase with rent adjustments to suit the current market. With a freshly painted exterior and well maintained internally, this is a real set and forget, high cashflow investment. Located only a short stroll to the Lismore CBD, Lismore Shopping Square and Lismore Base Hospital. Information Memorandum available by request.
Property History for 9 Jubilee St, Lismore, NSW 2480
- 22 Nov 2021Sold for $1,050,000
- 25 Oct 2021Listed for Sale Offers To Purchase
- 15 Jan 2020Listed for Rent - Price not available
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About Lismore 2480
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:
- The median value for Houses in Lismore is $406,737 while the median value for Units is $421,708.
- Houses have a median rent of $520 while Units have a median rent of $370.
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