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NSW › Lismore › Magellan St

256 Magellan St, Lismore NSW 2480

House

3

Bedrooms

2

Bathrooms

1

Car spaces

581 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLand 581 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Lismore (last 5 years) with land size: median $841/m² of land (n=102). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

No recorded sale price for this property yet.

Local land rate: recorded House sales in Lismore (last 5 years) with land size have a median of $841/m² of land (n=102). Districts calculation from recorded sales — not a valuation.

Lismore at a glance

3,230

People

$565,000

Median sale

$497/wk

Median rent

4.57%

Suburb gross yield

Median sale from 41 recorded sales (last 12 months) — a Districts calculation.

See the full Lismore report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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 retrieved

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

Records

Property history

  1. Soldprice unknown28 Nov 2024
  2. Listedprice unknowncompleted21 Oct 2024

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?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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 $497/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

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Lismore in one glance

Lismore at a glance

3,230

People

$565,000

Median sale

$497/wk

Median rent

4.57%

Suburb gross yield

Median sale from 41 recorded sales (last 12 months) — a Districts calculation.

See the full Lismore report →

Keep researching

  • Why Lismore? Read the area thesis →
  • What else is on the market in Lismore →
  • Other records on Magellan St →

Listing material

Listed by Nimbin Hills Real Estate

What A Beautiful Queenslander!

A home with a special place in Lismore’s history, this delightful home will please all who enter its doors!

Firstly, consider these extra features & improvements:

*Fenced backyard with newly established tropical garden, hills hoist, new gal fencing

Read the full description

*Quiet but conveniently located with good footpaths all the way to town, with lovely

community minded neighbour's

*New plumbing and drainage Feb 2021 by A.K Build Co North Coast

* Structurally sound and fully restored hardwood frame and footings by DJ Stewart

Constructions September 2022.

* New insulation to roof and walls.

*Blue metal under house

* A beautiful street presence / curb appeal

* Listed with heritage significance but not with Heritage Listed restrictions

This offering fulfils every dream for the lover of vintage Australian architecture. The beautiful Queenslander has a unique provenance - it was the site of Lismore Base Hospital’s post-natal care ward for mums and their babies. Now relocated and raised but still within the ‘Health Precinct’ of the city, the solid hardwood residence has been lovingly restored and refurbished sparing no expense to accurately reconstruct the home’s historical features.

Built circa 1900 with additional features added in1920’s, the recent full restoration of the home’s interior retains all the elegance and character of its era with the conveniences of contemporary living. The result is simply stunning. On a handy 582 m2 block and surrounded by similar big blocks with extra wide roads and verges as well as gardens designed for privacy, it is situated in a quiet tree lined street opposite the sports fields of the Lismore Public School. Conveniently, it is a short 2 block walk to Lismore Shopping Square, 5 blocks to Lismore CBD and only 3 blocks to the Lismore Base Hospital.

One of the outstanding features of this home is its floorplan with all the rooms radiating out from a central living / dining space. You feel a genuine sense of light and airiness sitting in this space with the light emanating from the kitchen windows. If a kitchen is the hub of the home, this one lives up to that mantle. With the cook in mind, the room makes use of space wisely, wrapping the bench top in a galley shaped design. The quality cabinetry has been crafted by Smith’s joinery Casino, there are premium tiled splashback and new Bosch appliances (dishwasher, oven, stove and range hood). It has exceptionally high ceilings, high stained-glass windows and a feature fixed clear window to maximise the capture of light.

Whilst the central rooms of many Queenslanders can be dark and breathless, this one is the complete opposite! Now presented as ‘open plan’, it is not only flooded with light, but the fresh airflow is another standout of being in this home. And there are the ceilings! Lismore’s premiere family Plaster business, Goldsmith’s, used the home to showcase their ceiling plaster work in the 1920s. Perfectly restored with the care and respect they deserve, the ornate art nouveau / deco plaster ceilings are the homes masterpieces, different in every room and patiently waiting to be noticed like found treasure. This grand home has beautifully refurbished and polished original hardwood floors, VJ walls, picture rails, chair rails, original stained-glass windows, and two covered side veranda’s with French door access.

There are two large main bedrooms with custom built-in wardrobes and French door access to veranda’s. The 3rd bedroom overlooks the peaceful back garden, and all enjoy new Daikin air-conditioning. A elegant new contemporary designed bathroom, thoughtfully styled to suit the heritage home, and add a depth of colour. The most elegant of open plan rooms, it has a 600mm bath, walk in shower, toilet and an Italian sconce light. A second toilet/shower can be found under the house as well as a plumbed clawfoot bath.

Beautifully presented to showcase the home’s superior qualities, this property has to be seen to be appreciated.

*Contact John Wilcox or Samara Burcher for your private inspection

**This property was affected by flooding in 2022. It was considered to be ‘backwash’ rather

than high impact affected, being on the periphery of the ’22 flood-zone. No flooding prior

Listing description written by John Wilcox, Nimbin Hills Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Floorboards
  • Living Areas: 1
  • Rumpus Room
  • Solar Hot Water
  • Solar Panels
  • Study
  • Toilets: 2
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.