3 Morehead StreetLambton NSW 2299
Property Details for 3 Morehead St, Lambton
3 Morehead St, Lambton is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 534m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (August 2021)
Situated on a near level corner block of approximately 531 square metres this neat and tidy early 20th century original cottage offers a rare opportunity to secure a home in a highly sought after location.
Updated and well maintained by the same family for multiple generations, the home features 3 large bedrooms, a living room and separate dining room (both with corner fireplaces), a tiled bathroom with bath and walk-in shower, a modernised kitchen with generous storage and an external laundry with 2nd WC .
The garage is accessed from Turner Street and there is an adjoining covered storage/workshop area.
The property is comfortable as is but with enormous potential to improve or redevelop and capture the sweeping views toward the city & harbour.
Offering an approximately 531 square metre allotment with just over a 20 metre frontage to Morehead St and approx. 26 metre boundary to Turner St.
Ideally positioned near Lambton Park, Sports Ovals, Lambton & New Lambton Shopping villages, Lambton Bowling Club, Wests Club, Lambton Swimming Centre, schools and JOHN HUNTER HOSPITAL.
This is a rare opportunity to improve and/or re-develop in one of LAMBTONS' most prestigious locations surrounded by quality homes.
Property History for 3 Morehead St, Lambton, NSW 2299
- 21 Mar 2021Sold for $1,130,000
- 23 Feb 2021Listed for Sale AUCTION GUIDE $810,000-$890,000
- 12 May 1989Sold
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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.
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