18 Martin Drive, East Lismore NSW 2480
18 Martin Drive, East Lismore NSW 2480
4-bedroom family house | single bathroom | East Lismore amenity | strong 2019 entry price
Four bedrooms are presented within a single-bathroom footprint, a configuration that is well suited to families prioritising room count over ensuite convenience. The house is positioned in an established East Lismore street, where the surrounding residential character is defined by detached housing and practical access to the CBD, university, and hospital facilities. For a first-home buyer or a renovator, the layout is likely to be seen as a flexible shell that can be updated over time, while the four-bedroom format may be viewed by an investor as a strong rental proposition. The suburb’s mixed demographic profile is served by this type of housing, and entry-level pricing has historically been attainable, as evidenced by the 2019 transfer of this same house at $299,000.
The appeal of the single bathroom may be limited for families with older children. Flood risk in the wider area might be considered, though no event is confirmed for this lot. Value creation may be found in modernising wet areas or adding a second bathroom, but these opportunities should be balanced against the property’s condition and current pricing.
Detailed Independent Property Report prepared by PropCred Analyst team for 18 Martin Drive, East Lismore NSW 2480
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
East Lismore, in the NSW Northern Rivers, is a modestly priced market relative to the state, with a median house price around $617,500–$630,000 and annual growth of 15.7–18.7%. Demand is led by local professionals aged 20–29, mostly Australian-born with certificate qualifications, drawn by affordability and a tight inventory of just seven listings. Recent sales reached $825,000, $760,000 and $875,000, with 111–120 house transactions over the past year and an average 58 days on market. Future growth is underpinned by long-term stability—3,363 sales across 29 years—and fair-value pricing, though constraints include sparse rental stock and a Boomscore of 49, indicating balanced rather than speculative conditions.
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PropCred Estimated Value
Comparable Sales: 18 Martin Drive transfer at $299,000 in 2019 | Property Price Band: $500K–$600K | Value Drivers: four-bedroom layout, single-bathroom constraint, renovation potential
Bedrooms
4
Bathroom
1
Parking
-
Land
535m²
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