Back 1 Lyell St
Off Market

1 Lyell St

Gisborne VIC 3437

3
1
2
596 m²
House
Last sold for $516,000
Ken GrechKen Grech, last sold this property on 24 February 2017 after 30 days on market.

Overview

Location – Potential – 596m2 approx

The opportunity is yours to purchase this appealing timber home on the fringe of Gisborne town centre. Live in, renovate or rebuild your dream home, or buy as an investment or possible development site (STCA). The home is situated on a great corner location with two street frontages which opens doors to many possibilities. Offering 3 bedrooms, lounge kitchen/meals, separate living/rumpus room, outdoor entertainment area, plus a large garage and storage area. Opportunities like this are hard to find.

Features

3 bedrooms
1 bathroom
2 carspaces
596 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Gisborne over the last 12 months, the estimated median property value of 1 Lyell St is $807.5k.

Median value
$807.5k
Estimated value range
$565k - $1.52m
Median days on market
40
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Gisborne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1 Lyell St

2020
Rented
Undisclosed
Leased on 05 Nov 2020 by Raine & Horne Gisborne
2017
Rented
Undisclosed
Leased on 31 May 2017 by Raine & Horne Gisborne
2017
Sold
$516,000
24 Feb 2017 by Ken Grech, of Raine & Horne Gisborne

Happy sellers in Gisborne

88%
88% of sellers in Gisborne reported that their sale price either exceeded or met their price expectations.

Gisborne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 26 reviews in Gisborne over the last 12 months.

Local market activity for 3 bedroom houses in Gisborne

In the last 12 months, 43 three-bedroom houses similar to 1 Lyell St, have been sold.

This represents a 3% increase in three-bedroom houses sales when compared to the previous 12 months.

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