FOR SALE
Price Guide $900,000

18 Florida Avenue
Lambton NSW 2299

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 400m2
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Great investment or Family Home!

Mike T Real Estate showcasing 18 Florida, Lambton - a captivating home boasting a fusion of charm and comfort. This residence has 5 bedrooms a family haven or an astute addition to any property portfolio, currently achieving a lucrative $1220 weekly rental yield with tenants in place.
The heart of the home features timber flooring which seamlessly connects the air-conditioned lounge and dining space to the practical, gas-equipped kitchen.
The huge double garage and driveway, ensures ample parking for both residents and guests, alongside additional on-street parking.
Strategically positioned, the property is a mere 8-minute drive from Newcastle CBD and 6 minutes from Newcastle University. Convenience is paramount with local shopping amenities and reputable schools in close proximity.
Whether seeking a substantial family residence or a lucrative investment and an ideal locale. Embrace the opportunity to make this house your home or expand your investment horizon today.
This property could be yours if the price is right!
Call Mike T today on 0417 447500
- 5 Bedrooms
- Huge Double Garage 7.5m x 6.3m
- Leased $1220.00 per week
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Property Details for 18 Florida Ave, Lambton

18 Florida Ave, Lambton is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 400m2. The place is currently for sale with Mike T Real Estate.

Building Type
House
Land Size
400m2

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About Lambton 2299

The size of Lambton is approximately 2.8 square kilometres. It has 15 parks covering nearly 12.6% of total area. The population of Lambton in 2011 was 5,001 people. By 2016 the population was 4,915 showing a population decline of 1.7% in the area during that time. The predominant age group in Lambton is 40-49 years. Households in Lambton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lambton work in a professional occupation. In 2011, 60.4% of the homes in Lambton were owner-occupied compared with 61.7% in 2016.

Lambton has 2,732 properties. Over the last 5 years, Houses in Lambton have seen a 77.18% increase in median value, while Units have seen a 50.45% increase. As at 31 August 2024:

  • The median value for Houses in Lambton is $1,087,875 while the median value for Units is $673,696.
  • Houses have a median rent of $630 while Units have a median rent of $445.
There are currently 10 properties listed for sale, and 4 properties listed for rent in Lambton on OnTheHouse. According to CoreLogic's data, 99 properties were sold in the past 12 months in Lambton.

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