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NSW › Lismore › Leycester St

U9, 60 Leycester St, Lismore NSW 2480

For saleUnit

$550,000

For sale

Asking

3

Bedrooms

1

Bathrooms

1

Car spaces

203 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $550,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $550,000(Listing record · 17 July 2026)
  • CalculationAsk is 3% below the Lismore median recorded sale ($565,000, n=41, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Lismore's advertised median rent ($497/wk), implied gross yield would be 4.70% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$550,000

Asking · $2,709/m² of land

No recorded sale for this property.

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 →

Vs Lismore

-2.7%

Median sale

Suburb $565,000

+0.13 pp

Gross yield

Suburb 4.57%

Suburb median $565,000 from 41 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$550,000
Stamp Duty (New South Wales)
$19,162
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$573,029

$23,029 on top of the price (4.2% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Lismore's advertised median rent — not a rent for this listing.

Net yield
3.20%
Annual cashflow (pre-tax)
$-11,006
Interest cover (DSCR)
0.62
Annual rent
$25,844
Operating expenses
$8,250
Loan amount
$440,000
Annual interest
$28,600
Gross yield
4.70%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$550,000available17 July 2026

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

Gross yield if leased at the suburb aggregate is 4.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Leycester St →

Listing material

Listed by Katrina Beohm Real Estate

Elevated Townhouse with Leafy Views & Low-Maintenance Appeal

Peaceful, flood free and filled with natural light, this inviting townhouse offers an effortless lifestyle where you can simply move in and enjoy. Elevated to capture leafy outlooks from the balcony and designed with everyday comfort in mind, it combines generous living spaces with low-maintenance convenience, making it an excellent choice for first-home buyers, downsizers and investors alike.

+ Spacious living area filled with natural light, creating a welcoming space to relax or gather with family and friends

+ Well-positioned kitchen offering ample bench space and storage, flowing through to the adjoining dining area for easy everyday living

Read the full description

+ Dining area opens directly outdoors, creating a seamless connection between indoor and outdoor living

+ Generous master bedroom featuring ceiling fan, built-in wardrobe and private balcony, where elevated views provide the perfect place to start or finish your day

+ Two additional bedrooms offering flexibility for family, guests or those working from home, with built-in storage and ceiling fans enhancing everyday comfort

+ Beautifully renovated bathroom complete with a separate shower, bath and full-height tiling, bringing a fresh, modern touch to the home

+ Convenient second toilet located downstairs, ideal for guests and busy households

+ Private balcony providing a peaceful retreat to enjoy your morning coffee, afternoon breeze or leafy outlook

+ Fully fenced, north facing courtyard offering a secure, low-maintenance space for children, pets or a small garden

+ Single lock-up garage with internal access, plus an internal laundry for added convenience

Positioned just moments from Lismore Base Hospital, the CBD, local schools, sporting facilities and everyday amenities, this home delivers the perfect balance of convenience and easy-care living. Whether you're searching for your first home, looking to downsize or adding to your investment portfolio, this is a fantastic opportunity to secure a well-located property in one of Lismore's most convenient pockets.

Please note: This property is currently tenanted.

Listing description written by Katrina Beohm, Katrina Beohm Real Estate — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
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.