40 Barrow Lane, North Lismore is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1970. The property has a land size of 740m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
A unique opportunity exists to purchase a substantial family home complete with a second detached living space. Situated in a quiet street only 3 min walk to the CBD, the main dwelling has a two storey design with rendered exterior and tiled roof and features three bedrooms, all with built-in robes plus a spacious kitchen with timber benchtops. The loungeroom has timber ceilings with exposed beams whilst the bathroom is neat and tidy with a separate toilet. A covered deck, which may be opened to the surrounding green views or completely enclosed for protection from the elements, is located at the back of the house. The downstairs area is fully concreted and provides endless storage or rumpus space plus a second shower, toilet and sink as well as a single car storage. The detached extension comes with large living room, seperate bedroom and ensuite and would perfectly suit teenagers, extended family members or even make a great art or music studio. For those looking for a second income, the Far North Coast is an attractive tourist location which creates the potential to utilise the space for Bed & Breakfast accommodation, (Subject to council approval). With income potential and endless opportunities which other properties cannot provide, this one is well worth a look. Potential estimated rental return of approx $380 - $400 per week.
The size of North Lismore is approximately 11.6 square kilometres. There are 8 parks, covering nearly 7.6% of the total area. The population of North Lismore in 2016 was 768 people. By 2021 the population was 754 showing a population decline of 1.8% in the area during that time. The predominant age group in North Lismore is 50-59 years. Households in North Lismore are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in North Lismore work in a professional occupation.In 2021, 71.80% of the homes in North Lismore were owner-occupied compared with 71.30% in 2016.
North Lismore has 496 properties. Over the last 5 years, Houses in North Lismore have seen a 8.93% increase in median value, while Units have seen a 50.38% increase. As at 31 August 2026:
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