FOR SALE
Guide $1,390,000

56 Karoola Road
Lambton NSW 2299

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 671m2
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Lambton Park Gem: Classic Home with Development Potential via Rear Lane

With sweeping views of the iconic Lambton Park, this classic family home offers more than meets the eye. Featuring spacious interiors, a large block, and the bonus of rear lane access, it presents a prime opportunity for development or a dream family home upgrade. Perfectly positioned for lifestyle and potential.
This home boasts a generous lounge and dining room, modern kitchen, spacious combined bathroom and laundry, high ceilings with ornate cornices, air conditioning and access to a covered verandah and sun-filled entertaining area. The secure rear yard is perfect for kids, pets, or potentially a renovation or development (subject to Council approval) with the original garage accessed via the rear lane.
Close to several well-regarded schools including sought after Lambton Public School (3 mins) and Lambton High School (2 mins), opposite Lambton Park and Pool, the University Callaghan Campus (8 mins), John Hunter Hospital and Mater Hospital (5 mins), major shopping centres and nearby cafes, while being an easy drive from the Pacific Motorway, Hunter Expressway and into Newcastle's CBD.
The features of this home are as follows:
- 2 Large Bedrooms
- Large Kitchen
- Spacious Combined Bathroom & Laundry
- Lounge Room
- Dining Room with Fireplace
- Covered & Enclosed Front Verandah Overlooking Lambton Park
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Property Details for 56 Karoola Rd, Lambton

56 Karoola Rd, Lambton is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 671m2. The place is currently for sale with Elders Real Estate Newcastle & Lake Macquarie.

Building Type
House
Land Size
671m2

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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 2,710 properties. Over the last 5 years, Houses in Lambton have seen a 72.46% increase in median value, while Units have seen a 49.50% increase. As at 30 September 2024:

  • The median value for Houses in Lambton is $1,080,576 while the median value for Units is $674,874.
  • Houses have a median rent of $630 while Units have a median rent of $450.
There are currently 9 properties listed for sale, and 2 properties listed for rent in Lambton on OnTheHouse. According to CoreLogic's data, 102 properties were sold in the past 12 months in Lambton.

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Scott Richardson
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Elders Real Estate Newcastle & Lake Macquarie
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