24 Park Avenue, East Lismore NSW 2480

24 Park Avenue, East Lismore NSW 2480
3-bed 1-bath 1940 house | 635sqm block | character bones | family or renovator appeal | East Lismore suburban depth This house sits in the established suburban fabric of East Lismore, where detached housing on conventional block sizes is the norm. The 1940 build era delivers genuine character—polished timber floors, high ceilings, a separate lounge and dining—features that are increasingly uncommon in newer infill product and tend to hold appeal for buyers seeking something with a sense of place rather than a blank box. The 635sqm land component is a practical size for a family yard or future garden, and the refurbished bathroom reduces immediate maintenance pressure. This property is best suited to an owner-occupier who values older-house character and usable land, or an investor looking for a standard suburban rental that competes on quality of space rather than premium finish. The single bathroom is a functional constraint for families or share-households, and may narrow the buyer pool compared to two-bathroom alternatives. Parking is reported inconsistently across sources, so the actual off-street capacity should be verified on inspection—if it is two spaces rather than four, that could matter for multi-car households. The 1940 build age means older wiring, plumbing, and insulation are likely, and a building and pest inspection would be prudent before forming a price view. The property sits in a flood-aware region, so understanding the property’s specific flood history or risk profile is material to both value and insurability. These factors do not disqualify the house but should be weighed carefully when assessing what it is worth to you.
Detailed Independent Property Report prepared  by PropCred Analyst team for 24 Park Avenue, East Lismore NSW 2480
Checks found:
Value Risk 2
Liquidity Risk 2
Planning Risk ! 1
Income Risk ! 1
Execution Risk 2
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Market Insight

East Lismore presents as a stable, value-driven market underpinned by a young, professional demographic, which sustains core demand. Recent performance shows strong capital appreciation, reflecting a competitive sales environment with limited available stock. Future growth is supported by its relative affordability within the region, though the market’s measured pace and modest supply present a balanced outlook without the volatility of major metropolitan centres.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

635m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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