124 Lyall St, Lamington is a 8 bedroom, 3 bathroom House with 1 parking spaces. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 8 bedroom House sold in Lamington in the last 12 months.
Located in the highly desirable Lamington area, this solid brick home, built in 1982, has been thoughtfully renovated to offer exceptional dual-living flexibility and impressive rental returns.
The property has already been secured with a lease at $2,500 per week starting August 2025 for 12 months, making it an ideal set-and-forget investment opportunity with approx. 15% gross yield.
The spacious main residence features 6 bedrooms and 2 bathrooms, perfect for large families, company housing, or shared living. With built-in robes, queen beds with premium mattresses, and multiple rooms offering external access, it’s well-suited to day/night shift workers or extended households.
A self-contained front residence includes 2 bedrooms, 1 bathroom, its own kitchen, and living area.
Property Features:
• 8 bedrooms, 3 bathrooms, 2 kitchens, and 2 fully equipped laundries
• Fully furnished and sold with appliances included
• 6.6kW solar power system + solar hot water
• Evaporative cooling, 5 split systems, ceiling fans, and woodfires
• Large deck and undercover outdoor areas for entertaining
• Sparkling inground pool – perfect for summer relaxation
• Massive, lockable shed for tools, storage, or work equipment
• Rental Income: $2,500/week (Lease secured from Aug 2025)
Outgoings:
• Council Rates: $3,617/year
• Water Rates: Approx. $285/year
• No Strata Fees!
Whether you’re an investor seeking strong, guaranteed returns, this Lamington gem delivers on every front.
Properties like this rarely hit the market – secure your investment today!
Contact Wanil Cho on 0421 737 607 for more information or to arrange a private inspection.
The size of Lamington is approximately 1.2 square kilometres. There are 6 parks, covering nearly 3.0% of the total area. The population of Lamington in 2016 was 2112 people. By 2021 the population was 2036 showing a population decline of 3.6% in the area during that time. The predominant age group in Lamington is 0-9 years. Households in Lamington are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lamington work in a trades occupation.In 2021, 68.20% of the homes in Lamington were owner-occupied compared with 71.00% in 2016.
Lamington has 871 properties. Over the last 5 years, Houses in Lamington have seen a 58.88% increase in median value, while Units have seen a 72.66% increase. As at 31 May 2026:
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