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NSW › East Lismore › Ballina Rd

249 Ballina Rd, East Lismore NSW 2480

House

$800,000

Last sold

20 Feb 2026

2

Bedrooms

1

Bathrooms

3

Car spaces

1,012 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $800,000 (20 Feb 2026).(Recorded sale)
  • FactLand 1,012 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in East Lismore (last 5 years) with land size: median $915/m² of land (n=115). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned General Residential (R1) under the Lismore Local Environmental Plan 2012.(NSW ePlanning Spatial Viewer · 31 Aug 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

No verification items generated for this record.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$800,000

20 Feb 2026 · derived via latest_sale

Local land rate: recorded House sales in East Lismore (last 5 years) with land size have a median of $915/m² of land (n=115). Districts calculation from recorded sales — not a valuation.

East Lismore at a glance

4,513

People

$680,000

Median sale

$550/wk

Median rent

4.21%

Suburb gross yield

Median sale from 51 recorded sales (last 12 months) — a Districts calculation.

See the full East Lismore report →

Vs East Lismore

+17.6%

Median sale

Suburb $680,000

-0.63 pp

Gross yield

Suburb 4.21%

Suburb median $680,000 from 51 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Lismore Local Environmental Plan 2012

Zone

General Residential

R1

Jurisdiction

Lismore

Lismore, NSW

Planning overlays

  • heightDetected
  • heritageNot detected

Planning constraints

  • 98.5

Development activity

Data unavailable

Source

  • Provider: NSW ePlanning Spatial Viewer
  • Dataset: Planning Portal Principal Planning — Land Zoning Map
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 100274048

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not detected — official

The official layer was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

  1. Sold$800,00020 Feb 2026
  2. Listedprice unknowncompleted26 Nov 2025
  3. Listedprice unknowncompleted26 Nov 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned General Residential · R1 (Lismore Local Environmental Plan 2012). Official parcel area about 1,015 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. If the dual occupancy pathway survives a planner’s check, this lot can outperform a same-suburb house that is hold-as-is only. That is not a forecast. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $550/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Verdict

What this means for this property

Districts view

This looks more compelling as a land / capital-growth play than a pure yield play — if the dual occupancy pathway survives a planner’s check.

Detail

Zoned General Residential · R1 (Lismore Local Environmental Plan 2012). Official parcel area about 1,015 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

Read more

Achieved rent for this address has not been inferred. Gross yield on advertising copy is not the deal.

Nearby DA pipeline is unknown, so neighbourhood change is not in this verdict.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned General Residential · R1 (Lismore Local Environmental Plan 2012). Official parcel area about 1,015 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    Official parcel about 1,015 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

East Lismore in one glance

East Lismore at a glance

4,513

People

$680,000

Median sale

$550/wk

Median rent

4.21%

Suburb gross yield

Median sale from 51 recorded sales (last 12 months) — a Districts calculation.

See the full East Lismore report →

Keep researching

  • Why East Lismore? Read the area thesis →
  • What else is on the market in East Lismore →
  • Other records on Ballina Rd →

Listing material

Listed by Professionals Lismore

East Lismore - Deceased Estate

Offered for the first time in over 75 years, this much-loved family home is rich in character, generous in space, and reflective of the classic charm that defines many of East Lismore’s finest older residences.

Beautifully maintained and presented in immaculate condition, the home showcases timeless features including high ornate ceilings, French doors, and elegant architectural details throughout.

Inside, you’ll find two exceptionally large bedrooms plus three versatile sunrooms that have previously served as activity spaces for the family - ideal for use as studies, hobby rooms, or additional living areas.

Read the full description

The bathroom has been recently renovated to meet disability-accessible specifications, ensuring comfort and ease of use.

While the kitchen retains its original character, it remains highly functional with abundant cabinetry and a modern gas stove.

Year-round comfort is assured with air-conditioning, ceiling fans, and a charming brick fireplace that adds warmth and ambiance. Several beautiful period ceiling lights (not pictured) are also included to complement the home’s grand style.

The level, easy-care block features lush, well-established gardens, fully fenced and hedged for privacy, along with a water tank. A wide stenciled concrete driveway provides excellent access to the enormous 8.0m x 7.5m garage, offering space for two or more vehicles. With plumbing already in place, this area presents an excellent opportunity for conversion into a granny flat (STCA).

In the agent’s opinion, this home offers exceptional potential- suitable for medical or professional use, trades and building contractors, those seeking disability-friendly facilities, or buyers wishing to renovate and capitalise on the location.

Conveniently situated near both Lismore Base Hospital and St Vincent’s Private Hospital, and within walking distance to schools, shopping centres, and the CBD, this property delivers outstanding lifestyle and practical advantages.

An external 750kg-capacity disability lift for wheelchairs is also included (removable if not required).

Land size: 1012m2

________________________________________

DISCLAIMER: All information contained in this advertisement has been obtained from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to conduct their own inspections and investigations.

Listing description written by Sharon Dowling, Professionals Lismore — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Floorboards
  • Fully Fenced
  • Toilets: 2
  • Water Tank
  • Workshop

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.