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1 & 2/1 Gail Place, East Lismore$729,000
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For Salehouse

1 & 2/1 Gail Place

East Lismore, NSW 2480, Australia
$729,000
4 bed 2 bath 2 car887 m²

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About this property

This well presented duplex pair offers a rare and ready made investment opportunity in the popular east lismore location, set on a generous corner block. Both units feature two spacious bedrooms and a functional open plan lounge, dining and kitchen area designed for comfortable everyday living. Each unit includes a well appointed bathroom, internal laundry and the convenience of a single lock-up garage. Recently renovated, the duplex has been refreshed with modern vinyl flooring throughout the living areas and carpet in the bedrooms, creating a warm and low maintenance interior. Ideally positioned close to the east lismore bowling club, local sports fields and wyrallah road public school, the location continues to attract strong tenant demand. Currently tenanted by two excellent tenants returning $380 per week each, this property delivers an immediate and reliable income stream from day one and represents a solid, low maintenance investment in a tightly held area. Call today to arrange your private inspection. Please note this property was impacted by the 2022 flood.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
2
Parking
2
Land Area
887 m²
Listed
3 months ago

Repayment calculator

$3,534/month
$1,767 /fortnight
Loan $583,200 at 6.10% over 30 years

Upfront costs

Deposit$145,800
Stamp duty$23,459
Conveyancing (est.)$2,000
Total upfront$171,259
Verify with NSW revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in East Lismore

This 4-bedroom house in East Lismore, NSW 2480 sits within reach of public transport, local shops and nearby schools. It is listed 12% above the $649,000 median of 65 comparable houseswithin 5 km.

Schools near East Lismore

  • Living School - Southern Cross University Campuscombined
  • Albert Park Public Schoolprimary · K-6 · CoEd
  • Our Lady Help of Christians Primary Schoolprimary · K-6 · CoEd
  • Trinity Catholic College Lismoresecondary · 7-12 · CoEd

What's nearby

  • Elizabeth St before Nielson St (bus)136 m away
  • Just Rides1.3 km away
  • Wade Park180 m away
  • Nielson Park521 m away
  • murray street park826 m away

East Lismore at a glance

Full suburb profile
Population
4,980
Median age
39
Household income
$1,236/wk
Median rent
$310/wk
Median mortgage
$1,430/mo

Source: ABS Census.

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Suburb market

Suburb price trend

East Lismore price trend

Median sold · House 4 bed

Compound growth +3.0% / yr over 4 yrs

$755kcurrent median

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1 price change recorded for this property

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