NSW Registered Law Firm, LEAD Conveyancing

s149 / s10.7s + Lawyer included in fixed fee
Get a FREE quote prepared by Trinh Thai LLB

Lead Legal Services Pty Ltd (ABN 86 640 514 558)
Proud to be a registered conveyancing law firm.

1. Send us a copy of the contract & when you’ll make an offer
2. Tell us when you’d like to settle on the property
3. We’ll achieve a satisfactory outcome for you

1. Send us a copy of the contract or instruct us to draft it
2. Tell us more about the property you’re selling
3. We’ll achieve an on-time settlement for you

1. Let us know what you are proposing to do
2. We'll review the contract & s10.7 looking for red-flags
3. We’ll suggest changes & special conditions in the contract to protect your interest

Lismore is a suburb in New South Wales with a healthy local property market fueled by a constant demand for owner-occupied and rental properties. Over the last few years, Lismore real estate has witnessed a consistent rise in value even during the height of the pandemic of 2020. The median house price in Lismore during the third quarter of 2020 was $445,000, while that of units was $330,000. This figure is an annual growth of 6.0% for houses and 9.1% for units.

So from all indications and based on current stats, the real estate of Lismore is doing quite well, and investors are making healthy returns on their investment. Moreover, this gradual rise in value was not limited to last year alone but has been a trend witnessed even in previous years. This is why the median sales for houses in the area have remained rising for some years now. For example, between 2019-2020, the volume of property sales rose by 10.2%, while sales of units declined by -25.0%. What this data tells us is quite poignant. It means that the people moving into the area are mostly family groups in need of sufficient space.

Also, despite the uncertainty of last year, buyers were not discouraged but took the opportunity to buy properties in the area with the anticipation to sell them for a much higher price in the coming months or years.

Another important thing to take note of is the low abandonment rate in Lismore. Only 0.6% of Lismore houses had vacancies over the last 12 months, and the rental yields in the area are quite high. If you decide to go into rental property management by investing in rented apartments, you will enjoy a healthy return on your investment since the average weekly rent for houses with 2 bedrooms is $362 while that of rental houses hit a sky-high $420 weekly. With the possibility of the market rebounding a lot stronger, now may be a perfect time to invest in Lismore.

• Buyers benefit from a healthy discount in Lismore
• The area witnessed a 9.7% rise in rental income
• The vacancy rate is much lower than in other suburbs in and around Sidney
• Construction costs and other consequential fees have remained constant

Lismore Conveyancing consists of the procedures new owners of real estate must take to transfer the legal titles of a property they have acquired from the previous owners to their names. This process may look easy and straightforward on paper, but that is not the case. Like many other localities in New South Wales, Lismore requires a stringent documentation protocol that the average layman may find too cumbersome. For this reason alone, mistakes have become a constant reality for new owners in the area.

If you are planning to acquire a home in Lismore and you don’t want to suffer any delays or errors in your documentation process, you need to hire a professional conveyancer to help you out. With a professional outfit like LEAD Conveyancing, there are no mistakes, delays, or hiccups in the process. You rest easy while the professional conveyancer handles the entire process from the beginning until the end. 

At the end of the process, you get your documents with all your details as accurate as they should be.

Lismore is a Northeastern city in the state of New South Wales. The population of the area is nearly 29,000 people, and much of the population live in the center of the local government council. Lismore is also the regional center of New South Wales’s northern region with proximity to the flood palms of the Wilsons River and Byron Bay. In the beginning, the area was a grazing property for livestock. Over time, it was transformed into an agricultural town, and one of its main exports was timber. An inland port was developed, which became the livewire of commerce for the area. Its strategic location also ensured that goods and services were transported much faster across the Wilsons River

The first inhabitants of Lismore were the Bundjalung people who occupied modern Evans Head. Some historians believe that the area was originally called Tuckurimbah, which means glutton in English.

The History of the settlers began in 1843 with establishing a pastoral reserve covering about 93 square kilometers. The grazing reserve was managed by Captain Dumaresq at the time, and it was stocked with sheep mostly.  By 1845, Jane and William Wilson had taken over the range. The Wilsons were natives of Inner Her rides in Argyleshire, and from then, the settlement began to experience a slow but steady development.

• The Wilson River overflows during the rainy season
• The last flood to overrun the town occurred in 2017
• The postal code is 2480
• It was established in 1856

Lismore in Northeastern New South Wales has come a very long way. It used to be a traditional town, but today, it has the look of a modern town with all the facilities you would expect of a 21-century community. There are several local attractions and exciting places to visit in Lismore. We briefly review a few of them.

Lismore Gallery

If you are looking to know all about the history of the area, Lismore Gallery should be your first port of call. The Gallery is a property of Lismore High School, and it contains a rich collection of various artists, many of whom are sons and daughters of Lismore. Founded in 1953, the gallery also hosts a wide range of events and shows for the local community.

Lismore Quadrangle

Popularly called the Quad, it is the place to be in late June of every year for the Lantern parade. It is essentially a creative playground that connects Lismore gallery to Slate Gallery Café. You can visit the Quad to catch exciting events and concerts.

Nimbin

This mountain village lies in the fringes of an extinct volcano and is currently listed by UNESCO as a Nightcap National Park. Numbing is only about half an hour away from Lismore, and a visit to this area brings you closer to agrarian life. There is a dairy settlement here established in the 1970s. Nimbin is also the venue for the w Aquarius Festival which began in 1973.

Other exciting spots include

• Lismore Rainforest Botanic Gardens
• Friends of the Koala Conservation center
• Heritage Park Railway
• Lennox Head Beach