South Lismore at a glance
1,611
People
$452,500
Median sale
$532/wk
Median rent
6.11%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
NSW › South Lismore › Elliott Rd
$520,000
Last sold
16 Oct 2021
4
Bedrooms
2
Bathrooms
4
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$520,000
16 Oct 2021 · derived via latest_sale
South Lismore at a glance
1,611
People
$452,500
Median sale
$532/wk
Median rent
6.11%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Vs South Lismore
+14.9%
Median sale
Suburb $452,500
-0.79 pp
Gross yield
Suburb 6.11%
Suburb median $452,500 from 14 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning 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.
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
No advertised rent is recorded. Suburb median rent $532/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
South Lismore at a glance
1,611
People
$452,500
Median sale
$532/wk
Median rent
6.11%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Raine & Horne Ballina | AlstonvilleCharm, Character and True Convenience
A rare opportunity awaits along the river to own a piece of local history.
This charming, highset 4 bedroom home has been lovingly renovated over the years. Brimming with character and in excellent condition, the home features 12ft high ceilings throughout, spacious open plan living and dining areas with air-conditioning, large kitchen with walk-in pantry, dishwasher, ample cupboard and bench space. Both the kitchen and bathroom have been updated for a modern appeal and complement the age and character of the home. Other features include, but not limited to are restumping, new roof, hot water system, air-conditioning and wiring.
The kitchen opens onto the large back deck overlooking the beautiful garden perfect for entertaining and enjoying the summer breezes. Downstairs offers tandem parking for 4 vehicles, a large workshop area, loads of storage space, laundry, separate shower and a 4th bedroom/office which is perfect for guests or the extended family. Convenience of a drive-thru garage from front to back of the property. The back yard is fully fenced with established gardens, a freestanding carport, garden shed and rear lane access with plenty of room for a caravan, boat, or trailer.
The property offers many possibilities as it is zoned light industrial. This home can either be used as a residential home or a business location where you can legally operate a business from this site, just like many of the current neighbouring properties.
Close to the town centre, schools, local shops and within walking distance to Lismore CBD. This home has much more to offer, so inspect now and be impressed. The owner is serious about selling. Don't miss out on this opportunity.
Inspection by appointment only. Please call Chris Williams on 0428 333 447
Listing description written by Chris Williams, Raine & Horne Ballina | Alstonville — reproduced as published, not verified by Districts.