SOLD
Sold on 12 Sep 2023 for $380,000

174 Casino Street
South Lismore NSW 2480

Bedrooms: 4
Bathrooms: 4
Car spaces: 4
Land area: 785m2
Sold By
Jillian Challinor New Direct Realty
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Jillian Challinor - New Directions Online Realty
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Property Details for 174 Casino St, South Lismore

174 Casino St, South Lismore is a 4 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 785m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 4 bedroom Unit sold in South Lismore in the last 12 months.

Building Type
Unit
Land Size
785m2
Local Government
Lismore
Lot/Plan
1/DP609532

Last Listing description (April 2024)

4 x one bedroom Block of units are waiting for an overhaul.
Prior to 2022 flood these units ran at @15% ROI, which is one of the highest returns around.
All they need is the right buyer to conduct some restoration work, and some elbow grease to bring these forward into the future.

* Unique design configurations per unit.
* Front foyer with 2 entries
* Rear entries to 2 units
* good size lock up garages
* Wood flooring
* 2 shared laundries and clotheslines
* Sealed front parking area
* Rental return of up to $1400pw
* Nett rental potential of $1200pw

*Rates $5000 pa
*Insurance $2500pa

Property History for 174 Casino St, South Lismore, NSW 2480

A timeline of how this property has performed in the market
Last Sold
$380,000
12 Sep 2023
Listed for Rent
07 Oct 2017
  • 12 Sep 2023
    Sold for $380,000
  • 14 Aug 2023
    Listed for Sale Not Disclosed
  • 27 Oct 2017
    Listed for Rent $200 / week
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About South Lismore 2480

The size of South Lismore is approximately 8.6 square kilometres. It has 3 parks covering nearly 3.5% of total area. The population of South Lismore in 2011 was 1,901 people. By 2016 the population was 1,869 showing a population decline of 1.7% in the area during that time. The predominant age group in South Lismore is 10-19 years. Households in South Lismore are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Lismore work in a labourer occupation. In 2011, 65% of the homes in South Lismore were owner-occupied compared with 63.5% in 2016.

South Lismore has 1,242 properties. Over the last 5 years, Houses in South Lismore have seen a 13.00% increase in median value, while Units have seen a 41.76% increase. As at 31 July 2024:

  • The median value for Houses in South Lismore is $346,350 while the median value for Units is $413,845.
  • Houses have a median rent of $450 while Units have a median rent of $345.
There are currently 16 properties listed for sale, and 3 properties listed for rent in South lismore on OnTheHouse. According to CoreLogic's data, 138 properties were sold in the past 12 months in South lismore.

Suburb Insights for South Lismore 2480

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Contact agent
Jillian Challinor New Direct Realty
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Jillian Challinor - New Directions Online Realty
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Oxbridge Property Group
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.