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NSW › East Lismore › Nielson St

87 Nielson St, East Lismore NSW 2480

House

$875,000

Last sold

23 July 2025

5

Bedrooms

3

Bathrooms

0

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $875,000 (23 July 2025).(Recorded sale)

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

$875,000

23 July 2025 · derived via latest_sale

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

+28.7%

Median sale

Suburb $680,000

-0.94 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 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. Sold$875,00023 July 2025
  2. Listedprice unknowncompleted24 Feb 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?

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 $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. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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

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 Nielson St →

Listing material

Listed by Powered by Smile Elite NSW

Must be sold! Incredible Investment Opportunity

This property represents an incredible investment opportunity and must be sold. The owners have found their new home and need this property sold.

With a rental return of $1,250 per week, this dual occupancy property offers a sensational return on your investment. The property is fully insured and has been beautifully renovated and with two great tenants in place, each residence has it’s own fenced yard.

With a beautifully renovated three bedroom family home at the front of the property, there is a fantastic self contained cabin style home (with council approval) at the rear with it’s own private fenced yard, off street parking and all weather outdoor living area.

Read the full description

In walking distance to schools, playing fields, the University, St Vincent Hospital and the East Lismore Bowling Club, these properties will always attract good tenants.

The Investment

Two homes which are both beautifully renovated and each has it’s own private fenced yard. Both properties present in “As New” condition with new kitchens, bathrooms, flooring and freshly painted inside and out.

House #1 is in a lease until December, 2025 and is currently achieving a rental of $730 per week including electricity and water.

House #2 is in a lease until June, 2025 and is currently achieving a rental of $520 per week including electricity and water.

The property has been fitted with solar panels making it energy efficient and reducing costs. Combined, these properties have an estimated yield of 6%.

House #1 is a three bedroom weatherboard home with fenced yard. Entry to this property is through the private fenced front yard. A lovely Merbau deck with an Easterly aspect gives way to the entrance of the home. There is beautiful character in the home with high ceilings and hardwood floors throughout. Large windows allow natural light to filter through giving the space a light and airy feel.

The master bedroom features an ensuite with stone vanity top and walk in robe, whilst bedrooms two and three are located at the other end of the home and all three have ceiling fans.

A beautiful kitchen featuring stone benchtops, soft close drawers and doors and great storage space is centrally located in the home. The large family bathroom features a double sink vanity, stone vanity top, shower and toilet. The laundry is conveniently located close to the kitchen and has so much storage.

House #2 is a quirky two bedroom cabin style home featuring a vaulted ceiling and spacious living. A cleverly designed kitchen featuring gas cooktop and electric oven, it has great storage and bench space. There’s a generous bathroom which incorporates the laundry and the two bedrooms are located on the upper level. A fully fenced yard offers privacy and a garden shed has been installed to accommodate tools. A wrap around Merbau deck completes the home and has been fitted with an insulated Spanline roof, offering a comfortable place to relax and unwind which can be used all year round. The property also provides under house storage and offers off street parking.

Within walking distance to the East Lismore Bowling Club, Wyrallah Road Primary School, The Rivers Secondary School, Southern Cross University and St Vincent's Hospital, the property is also convenient to Wyrallah Road Shopping Precinct and playing fields.

Disclaimer: All information contained herein is obtained from property owners or third-party sources which we believe are reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested person/s should rely on their own enquiries.

Listing description written by Lyn Youngberry, Powered by Smile Elite NSW — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Living Areas: 2
  • Solar Panels
  • Toilets: 3
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.