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Sold on 23 May 2024 for $352,500

11/441 Newcastle Road
Lambton NSW 2299

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 11/441 Newcastle Rd, Lambton

11/441 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 May 2024. There are other 1 bedroom Apartment sold in Lambton in the last 12 months.

Building Type
Apartment
Local Government
Newcastle
Lot/Plan
11/SP43250

Last Listing description (May 2024)

This location is hard to beat as it is just a stroll to Lambton Park and Pool and Lambton Shopping Village is also nearby. Transport is very handy and it is an easy walk to McDonald Jones stadium for concerts, Football etc.

This very convenient upper level one bedroom apartment is part of a well established complex of 12 apartments.

The current tenants look after the apartment, are very agreeable and are currently paying $350 p.w.

The apartment has plenty of natural light, open plan living and kitchen area and good size bedroom and a tiled bathroom and large pantry/storage cupboard.

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

This apartment has:
* Plenty of Natural Light,
* One decent size Bedroom with Built-in Wardrobe/Dressing Table,
* Tiles Bathroom, with Shower Recess, Basin and Toilet,
* Open Plan Living and Kitchen,
* Large Pantry/Storage Cupboard,
* Single Carport,
* Shared Laundry Facility,
* Strata Fees are $828.26 per quarter,
* Newcastle City Council Rates 372.83 per quarter currently,
* Water Rates last third were $339.78 including water usage allowance,
* Current Tenants are paying $350 per week,
* Lease End date is 25th June, 2024.
* Area of the Unit is 40sqm and 55sqm including parking.

This location is amazing, so close to Lambton Park , Pool, Tennis Courts, Lambton Library and Playground and just a stroll to lovely Lambton Shopping Village.
It is close to transport and only a short drive to either the Mater Hospital or John Hunter Hospital. Westfield Kotara is handy and it is within walking distance to McDonald Jones Stadium. It is very handy to just about everything.

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.

Property History for 11/441 Newcastle Rd, Lambton, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$352,500
23 May 2024
Listed for Rent
$330/w
29 Jun 2021
  • 21 May 2024
    Sold for $352,500
  • 01 May 2024
    Listed for Sale $340,000 to $370,000
  • 19 May 2021
    Listed for Rent $330 / 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 2,709 properties. Over the last 5 years, Houses in Lambton have seen a 69.15% increase in median value, while Units have seen a 48.47% increase. As at 31 October 2024:

  • The median value for Houses in Lambton is $1,073,253 while the median value for Units is $675,238.
  • Houses have a median rent of $630 while Units have a median rent of $450.
There are currently 12 properties listed for sale, and 5 properties listed for rent in Lambton on OnTheHouse. According to CoreLogic's data, 95 properties were sold in the past 12 months in Lambton.

Suburb Insights for Lambton 2299

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Sue Odgers
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Elders Real Estate Newcastle & Lake Macquarie
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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.