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Sold on 28 Nov 2024 for $380,000

1/441 Newcastle Road
Lambton NSW 2299

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 1/441 Newcastle Rd, Lambton

1/441 Newcastle Rd, Lambton is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Apartment sold in Lambton in the last 12 months.

Building Type
Apartment

Last Listing description (November 2024)

Comfortable apartment with 1 bedroom, modern kitchen, easy care flooring throughout, new windows, plenty of natural light and is located on the first floor. The convenient location is just a stroll to Lambton Park, Pool and Lambton Village shopping.

The apartment has open plan living and kitchen area and good size bedroom with a modern built-in wardrobe and a refreshed tiled bathroom with new shower screen.

Transport is very handy and it is an easy walk to McDonald Jones stadium for concerts, Football etc. This convenient ground floor one bedroom apartment is part of a well established complex of 12 apartments.

The current tenant looks after the apartment really well, is very agreeable and is currently paying $400p.w. and on a lease until 6/3/25.

The construction is brick and tile and there is parking allocated for each apartment.

*Strata Fees are $1207.95 per quarter,
* Newcastle City Council Rates $371.00 per quarter currently,
* Water Rates last third were $339.78 including water usage percentage.

The area of the apartment is 40sqm and with the 15m parking space it is a total of 55sqm lot size.

This location is so close to the park with, Tennis Courts, Library and Playground and everything else that lovely Lambton offers. It is only a short drive to either the Mater Hospital or John Hunter Hospital. Westfield Kotara is also handy.

If you are looking to get into the property market, or looking for an investment then this apartment may be worth inspecting, just ring or email to arrange a viewing.

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Property History for 1/441 Newcastle Rd, Lambton, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$380,000
28 Nov 2024
Listed for Rent
$400/w
04 Mar 2024
  • 28 Nov 2024
    Sold for $380,000
  • 22 Jul 2024
    Listed for Sale $389,000
  • 26 Feb 2024
    Listed for Rent $400 / week
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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 2,731 properties. Over the last 5 years, Houses in Lambton have seen a 65.64% increase in median value, while Units have seen a 49.62% increase. As at 30 November 2024:

  • The median value for Houses in Lambton is $1,076,654 while the median value for Units is $684,487.
  • Houses have a median rent of $640 while Units have a median rent of $450.
There are currently 8 properties listed for sale, and 2 properties listed for rent in Lambton on OnTheHouse. According to CoreLogic's data, 103 properties were sold in the past 12 months in Lambton.

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