1 Lyall St, Lamington is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 813m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
Nestled in quiet, leafy Lamington on a 813sqm easy care block, this charming home represents excellent buying for buyers looking to break into the market. Beautifully maintained and tastefully renovated, this property is ready to move into with no money to spend. The large block allows for plenty of options: room for a caravan, build a granny flat to generate an income or just enjoy the luxury of your own space.
Investors, this property is ready for tenants to move into immediately with all maintenance up to date and you can expect a return of approx 8% on your investment. Very affordable property and sort after property in prime real estate.
The size of Lamington is approximately 1.2 square kilometres. It has 6 parks covering nearly 3% of total area. The population of Lamington in 2011 was 2,278 people. By 2016 the population was 2,092 showing a population decline of 8.2% in the area during that time. The predominant age group in Lamington is 0-9 years. Households in Lamington are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lamington work in a trades occupation. In 2011, 66.8% of the homes in Lamington were owner-occupied compared with 71% in 2016.
Lamington has 869 properties. Over the last 5 years, Houses in Lamington have seen a 51.76% increase in median value, while Units have seen a 71.68% increase. As at 31 October 2024:
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