OFF MARKET

1/11 Alma Road
New Lambton NSW 2305

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Property Details for 1/11 Alma Rd, New Lambton

Building Type
Commercial
Local Government
Newcastle

Last Listing description (September 2024)

Boasting a versatile ground floor layout & a second to none New Lambton location this boutique space represents a rare offering in one of Newcastle's most sought after suburban locations. Premium Alma Road frontage 77m* Zone E1: Local Centre Suitable to accommodate a range of potential uses (STCA^)For Sale: $599,000 (+ GST if applicable)* Approximately^ Subject to Council Approval

Property History for 1/11 Alma Rd, New Lambton, NSW 2305

A timeline of how this property has performed in the market
  • 24 May 2024
    Listed for Sale For Sale: $599,000 (+ GST if applicable)

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About New Lambton 2305

The size of New Lambton is approximately 5.5 square kilometres. It has 29 parks covering nearly 38.8% of total area. The population of New Lambton in 2011 was 9,758 people. By 2016 the population was 10,052 showing a population growth of 3.0% in the area during that time. The predominant age group in New Lambton is 40-49 years. Households in New Lambton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in New Lambton work in a professional occupation. In 2011, 68.7% of the homes in New Lambton were owner-occupied compared with 68.1% in 2016.

New Lambton has 5,202 properties. Over the last 5 years, Houses in New Lambton have seen a 70.48% increase in median value, while Units have seen a 47.42% increase. As at 31 August 2024:

  • The median value for Houses in New Lambton is $1,088,296 while the median value for Units is $644,534.
  • Houses have a median rent of $680 while Units have a median rent of $483.
There are currently 28 properties listed for sale, and 5 properties listed for rent in New lambton on OnTheHouse. According to CoreLogic's data, 204 properties were sold in the past 12 months in New lambton.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.