68 Opal Street, Lightning Ridge, NSW 2834 | House for sale | OnTheHouse
 
FOR SALE
$530,000

68 Opal Street
Lightning Ridge NSW 2834

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
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Dual-Income Potential: Two Fully Equipped Dwellings in a Prime Tourism Pocket

Positioned on a generous 1,037 sqm allotment just a short five-minute stroll from the vibrant heart of town, this unique property presents an extraordinary lifestyle or investment opportunity. Offering incredible value this estate features two fully self-contained, well-appointed dwellings currently operating as successful short-term holiday rentals. It is perfectly tailored for investors seeking high yields, multi-generational families, or operators looking to run a lucrative home-based business in a booming tourism hub.
Average income during the previous 12 months was $5,124.00 per month generated from the current BnB setup, this property provides an incredible passive income stream from day one. You can choose to retain both as short-term rentals, or live in one dwelling while letting the other pay off your mortgage.
Located at 68 Opal St, just three doors down from the iconic tourist attraction "The Bottle House," this property benefits from premium exposure to organic tourist foot traffic and tour bus routes. Lightning Ridge is world-famous for its rare black opals, therapeutic artesian bore baths, and eccentric charm, drawing a steady stream of visitors particularly during the peak tourist season from Easter through to November.
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Dwelling 1: The Contemporary Two-Bedroom Cottage
Designed for effortless maintenance and high guest satisfaction, this comfortable cottage easily accommodates up to four guests.
• Accommodations: Two bedrooms including one Queen room and one twin-single room, both equipped with ceiling fans.
• Climate Control: Dual reverse-cycle air conditioners servicing the master bedroom and the separate lounge room, supplemented by ceiling fans in the living and dining zones.
• Interiors: Hard flooring throughout for durability and quick cleaning, a central dining area, and a well-appointed kitchen.
• Amenities: Large bathroom featuring a walk-in shower, alongside a dedicated laundry with a front-loader washing machine.
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Property Details for 68 Opal St, Lightning Ridge

68 Opal St, Lightning Ridge is a 5 bedroom, 2 bathroom House with 2 parking spaces. The place is currently for sale with SaleByHomeOwner.com.au.

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About Lightning Ridge 2834

The size of Lightning Ridge is approximately 2139.2 square kilometres. There are 3 parks, covering nearly 0.7% of the total area. The population of Lightning Ridge in 2016 was 2284 people. By 2021 the population was 1946 showing a population decline of 14.8% in the area during that time. The predominant age group in Lightning Ridge is 60-69 years. Households in Lightning Ridge are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Lightning Ridge work in a community and personal service occupation.In 2021, 62.10% of the homes in Lightning Ridge were owner-occupied compared with 55.20% in 2016.

Lightning Ridge has 1,854 properties. Over the last 5 years, Houses in Lightning Ridge have seen a 76.15% increase in median value, while Units have seen a 28.26% increase. As at 31 August 2026:

  • The median value for Houses in Lightning Ridge is $199,875 while the median value for Units is $185,307.
  • Houses have a median rent of $300 while Units have a median rent of $240.
There are currently 3 properties listed for sale, and no properties listed for rent in Lightning ridge on OnTheHouse. According to Cotality's data, 92 properties were sold in the past 12 months in Lightning ridge.

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