SOLD
Sold on 01 Oct 2024 for $430,000

3/121 Elder Street
Lambton NSW 2299

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 54m2
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Property Details for 3/121 Elder St, Lambton

Building Type
Commercial
Land Size
54m2
Local Government
Newcastle
Lot/Plan
3/SP101330

Property History for 3/121 Elder St, Lambton, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$430,000
01 Oct 2024
Listed for Rent
$25k/w
01 Nov 2019
  • 01 Oct 2024
    Sold for $430,000
  • 24 Feb 2020
    Sold for $400,000

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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.

Suburb Insights for Lambton 2299

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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.