29 Young RoadLambton NSW 2299
Property Details for 29 Young Rd, Lambton
29 Young Rd, Lambton is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 519m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (September 2023)
Bursting with potential, this original three-bedroom home presents exciting opportunities to a range of buyers with vision to the future. For the young family eager to jump into home ownership, this property is an ideal springboard with scope for a simple renovation to add extra style and appeal. Smart investors searching for a future-proof investment will appreciate the superb location of this home in an established lifestyle locale. And the builder eager to extract maximum value from the generous 512sqm block with approximate 22.8m frontage will be impressed by the opportunity to double their investment with the construction of a duplex, subject to council approval.
Literally on the doorstep of Lambton High, sporting fields and McDonald Jones stadium and in the catchment zone for highly sought-after New Lambton Public school, the location of this home is superb for families. It's just 700m to Lambton pool and a further 300m to the suburb's beautiful park. Blackbutt Reserve, John Hunter Hospital and Westfield Kotara can all be reached in under seven minutes and you can be in town or on the beach in 15 minutes.
In nearby Broadmeadow, 63 hectares of land surrounding McDonald Jones Stadium, the Newcastle Entertainment Centre and Newcastle Showground has been earmarked to undergo a complete transformation, incorporating a mix of state-of-the-art sporting facilities, leisure and entertainment spaces, commercial offices and apartments. The planned redevelopment brings significant improvement to the area and is touted to be like Sydney's Moore Park or a scaled down Homebush.
- Original vinyl clad and tiled roof three bedroom home on 512sqm block
- Approximate block dimensions of 22.8m/24.8m x 28.2m/17.6m
- Loved by three generations of the same family on offer for the first time since 1966
- Air-conditioned lounge room, dining, and electric-equipped kitchen
- Bathroom with shower over bath and separate w/c; internal laundry
- Driveway parking for up to two vehicles with space for a carport
- 27 bus stop at door for a quick commute to University of Newcastle
* This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.
Property History for 29 Young Rd, Lambton, NSW 2299
- 04 Sep 2023Listed for Sale Not Disclosed
- 16 Nov 2021Sold for $900,000
- 10 Nov 2021Listed for Sale Under Offer
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0About 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 2,732 properties. Over the last 5 years, Houses in Lambton have seen a 72.46% increase in median value, while Units have seen a 49.50% increase. As at 30 September 2024:
- The median value for Houses in Lambton is $1,080,576 while the median value for Units is $674,874.
- Houses have a median rent of $630 while Units have a median rent of $450.
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