30 Uralba Street, Lismore NSW 2480

Large 911m² block | Flood overlay flagged | Wide value range $415k–$500k | Rental yield ~5.3% | Suits cautious buyers seeking land The property’s primary buying case rests on its substantial 911m² block in a residential zone, offering rare land content for a two-bedroom house in Lismore. The 134m² dwelling with a versatile sleepout provides functional space for downsizers, investors, or those wanting room for a home office. Fibre-to-the-premises and 5G coverage are supporting conveniences, while proximity to Lismore Public School and the high school adds family appeal. The estimated rental yield around 5.3% is competitive, making it viable for an investor seeking income from a lower-priced entry point. The flood overlay is the defining risk and must be investigated thoroughly, as it affects insurance costs, financing options, and long-term resale. The wide valuation range and the 2023 sale price of $230,000 suggest market uncertainty or condition issues that require clarification. However, for a buyer prepared to conduct due diligence on flood history and mitigation, the large block and solid dwelling present an opportunity to secure land content at a discount relative to flood-free comparables. This property is best suited to those who can manage the flood risk and are not reliant on rapid capital growth.