1 Lyon StreetBellingen NSW 2454
Property Details for 1 Lyon St, Bellingen
1 Lyon St, Bellingen is a 3 bedroom, 2 bathroom Unit and was built in 1998. The property has a land size of 1155m2 and floor size of 88m2.
Last Listing description (November 2016)
These 2 units were built in the 1970's and have survived the test of time. The 2 bedroom unit is rented for $160 per week and the 1 bedroom unit is rented for $110 per week. With concrete block and fibrous cement sheeting construction, they were built for minimum maintenance and are set on a 650 sq m block, right next door to a supermarket, bottle shop and take-away food shop. As you may imagine, these units are fairly basic, with simple and functional kitchens offering electric cook top and ovens, with single stainless steel sinks. Similarly the bathrooms are simple and functional. These units offer the best rental value in Bellingen, so they're virtually never empty and the current tenants have been in place for some time. If these units were to receive some improvements, the rental amounts could certainly be increased. So, with a better than average return now, and the opportunity to increase that return, these units are offering excellent value. Information sheet available upon request - note all measurements in text and plans are approximate.
Property History for 1 Lyon St, Bellingen, NSW 2454
- 02 Sep 2016Listed for Sale $279,000
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About Bellingen 2454
The size of Bellingen is approximately 46.5 square kilometres. It has 23 parks covering nearly 14.0% of total area. The population of Bellingen in 2016 was 3779 people. By 2021 the population was 3923 showing a population growth of 3.8% in the area during that time. The predominant age group in Bellingen is 10-19 years. Households in Bellingen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bellingen work in a professional occupation.In 2021, 71.40% of the homes in Bellingen were owner-occupied compared with 67.40% in 2016.
Bellingen has 2,121 properties. Over the last 5 years, Houses in Bellingen have seen a 29.10% increase in median value, while Units have seen a 19.12% increase. As at 30 April 2026:
- The median value for Houses in Bellingen is $886,548 while the median value for Units is $362,423.
- Houses have a median rent of $650 while Units have a median rent of $280.
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