310 Molesworth Street, East Lismore NSW 2480
This property is Off Market
- Last sold 10/22/2024 for $420,000. The Average property price in this area is $604,535, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 27.95 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential flood risk
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/22/2024 150 NIELSON ST $615,000
- 10/15/2024 51 WALKER ST $535,000
- 10/14/2024 1 CONTE ST $650,000
- 10/10/2024 207 BALLINA RD $468,000
- 10/10/2024 9 SECOND AVE $350,000
About Lismore
With an average age of 40, households expect an average monthly mortgage payment of $1,105 or a weekly rent payment of $350. The average family earns a weekly income of $1,525 with a typical household size of 2.3 and a 78.89% employment rate.
In East Lismore there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in East Lismore is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in East Lismore leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in East Lismore to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in East Lismore we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make East Lismore a better buying opportunity than it may have been in the past.
Public Transport
Byron Beach
Burns Point Ferry
General Points of Interest
TAFE NSW
Lismore Memorial Baths
Lismore Workers Golf Club
Southern Cross University
SCU Pool
Lismore War Memorial
North Lismore War Memorial
Lismore AFC & RAAF Memorial
The Big Scrub Log
Richard Birdwing Butterfly Gully
Population
(Country of Birth not stated 9%)
Are people healthy?
There are a recorded 2399 asthma sufferers and 841 people living with diabetes. In addition, 714 people have a heart/vascular condition and 1804 people live with three or more chronic diseases.A good place to invest in property?
Lismore a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
11 / 100
31 / 100
Industry
16 / 100
22 / 100
Population
23 / 100
19 / 100
House Prices
41 / 100
60 / 100
Jobs
14 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsAlbert Park PS TRSC Lismore
Property Story
310 Molesworth Street, East Lismore, Nsw, 2480 is a residential property . The estimated distance to the sea is 27.95km and at least 3.02KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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