FOR SALE
Guide $880,000

5 Merivale Street
North Lambton NSW 2299

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 557m2
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Tightly Held Cul-De-Sac Gem, North Facing with Park Views

Some homes are so deeply cherished that they rarely, if ever, come onto the market, like this classic three-bedroom gem that's been in the same family since it was built 57 years ago. Lovingly maintained and updated over the years, it now features a sparkling pool, a solar system, and solar hot water, all ready for a new family to move in and enjoy. Why has this home been so tightly held? Perhaps it's the peaceful cul-de-sac, where neighbours feel like friends, and the kids play street games together. Or maybe it's the due north-facing aspect, filling the lounge with soft, natural light and offering charming views up to North Lambton dog park from the sun-kissed front verandah. And for those who like to tinker, the oversized garage and workshop under the home, along with a secure carport for extra parking, are real highlights.
Set in a peaceful spot that's close to everything-entertainment, parks, cafes, boutique shopping, and even the local corner pubs-you're just minutes from the university and key roads. Plus, Newcastle's vibrant CBD and stunning beaches are only a 15-minute drive or a short hop on public transport.
- Single level home elevated above its garage and workshop, plus secure carport
- 556.4sqm block, north facing in peaceful cul-de-sac with park views
- 4.2kW solar electricity system and solar hot water, alarmed security system
- Open plan lounge and dining with A/C, timber floors and French doors to front verandah
- Kitchen with electric cooktop, wall oven and updated dishwasher
- Three bedrooms all with ceiling fans, main with built-in robe
- Bathroom with bath, shower and separate w/c in laundry
- Covered paved entertaining area with pull down blinds, saltwater pool, established gardens
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Property Details for 5 Merivale St, North Lambton

5 Merivale St, North Lambton is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 557m2. The place is currently for sale with First National Newcastle City.

Building Type
House
Land Size
557m2

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About North Lambton 2299

The size of North Lambton is approximately 1.3 square kilometres. It has 12 parks covering nearly 11.6% of total area. The population of North Lambton in 2011 was 3,114 people. By 2016 the population was 3,304 showing a population growth of 6.1% in the area during that time. The predominant age group in North Lambton is 20-29 years. Households in North Lambton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Lambton work in a professional occupation. In 2011, 64.7% of the homes in North Lambton were owner-occupied compared with 59.5% in 2016.

North Lambton has 1,571 properties. Over the last 5 years, Houses in North Lambton have seen a 70.63% increase in median value, while Units have seen a 48.28% increase. As at 31 October 2024:

  • The median value for Houses in North Lambton is $845,509 while the median value for Units is $575,685.
  • Houses have a median rent of $600 while Units have a median rent of $445.
There are currently 9 properties listed for sale, and 2 properties listed for rent in North lambton on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in North lambton.

Suburb Insights for North Lambton 2299

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Roger Ingham
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Corinna Michilis
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First National Newcastle City
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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.