OFF MARKET

27 Croudace Street
Lambton NSW 2299

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 84m2
Land area: 358m2
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Property Details for 27 Croudace St, Lambton

27 Croudace St, Lambton is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 358m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Year Built
1940
Floor Size
84m2
Land Size
358m2
Local Government
Newcastle
Lot/Plan
A/DP395867

Last Listing description (April 2023)

Main road location for entry into the sought after suburb of Lambton. Currently set up as 2 residences, a large open plan studio-style residence at the front (now vacant) and 1 bedroom privately positioned residence at the back (lease expiring Jan 2023). Recently returning a combined income of $640pw. Potential to convert back to single residence or continue renting both or live in one, rent the other. Located a short walk to Elder Street shops, pubs and cafes, Lambton Park and multiple sportsgrounds. Fantastic location for sign exposure for a home based business to promote your business 24/7! Investor liquidating assets – must be sold so inspect today!

Zoning: R2 Low Density Residential

Land Area: 347sqm approx
Council: Newcastle
Land Rates: $2072 pa approx
Water Rates: $866 pa approx

We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.


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Property History for 27 Croudace St, Lambton, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$590,000
13 Oct 2022
Listed for Rent
$320/w
23 Dec 2021
  • 13 Oct 2022
    Sold for $590,000
  • 23 Sep 2022
    Listed for Sale UNDER CONTRACT/OFFER
  • 19 Nov 2021
    Listed for Rent - Price not available
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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 2,708 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 11 properties listed for sale, and 2 properties listed for rent in Lambton on OnTheHouse. According to CoreLogic's data, 96 properties were sold in the past 12 months in Lambton.

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