35 Deloraine Road, Lismore Heights NSW 2480
35 Deloraine Road, Lismore Heights NSW 2480
Flood-secure seven-bedroom dual-living | 1,437sqm with million-dollar views | Rare configuration in sought-after Lismore Heights
The property’s primary competitive strength lies in its dual-living configuration on a substantial 1,437sqm parcel, a rare offering in Lismore Heights where median pricing remains accessible relative to the broader Northern Rivers market. The flood-secure positioning directly addresses the region’s most pressing buyer concern, giving this house a structural advantage over comparable listings. The seven-bedroom layout with separate living zones suits extended families or investors seeking yield separation, though the 2023 sale without public pricing suggests limited recent transaction transparency.
The main risk is the bedroom count discrepancy across listings, which may indicate an informal conversion or non-compliant space that could affect financing or insurance. Buyers should verify council approvals for the dual-living setup before proceeding. The opportunity is the land-to-building ratio: at 294sqm internal on 1,437sqm, there is potential for future subdivision or extension subject to local planning, which could unlock significant value beyond the current asking.
Detailed Independent Property Report prepared by PropCred Analyst team for 35 Deloraine Road, Lismore Heights NSW 2480
Checks found:
Value Risk
!
1
Liquidity Risk
✓
Planning Risk
!
1
Income Risk
✕
2
Execution Risk
!
1
Market Insight
Lismore Heights presents a stable, balanced market with a rural-residential character. Demand is healthy, supported by a limited supply of listings, which sustains a steady sales environment without significant seller pressure. Recent price trends show modest growth, particularly in the unit segment, while houses demonstrate solid rental yields. Future growth is expected to be steady, though rental returns for houses currently lag behind broader state averages.
PropCred Estimated Value
Bedrooms
7
Bathroom
2
Parking
2
Land
1437m²
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