OFF MARKET

32 Pearson Street
Lambton NSW 2299

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 148m2
Land area: 375m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 2 Sep 2024
Low

High
Save

Property Details for 32 Pearson St, Lambton

32 Pearson St, Lambton is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1875. The property has a land size of 375m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
House
Year Built
1875
Floor Size
148m2
Land Size
375m2
Local Government
Newcastle
Lot/Plan
9/DP1247

Last Listing description (April 2023)

Rarely does a home with such strong ties to the history of Lambton and Newcastle become available for purchase - this is one of those rare properties. Built in c.1875, the home has been loved for 21 years by its current owners who are now looking for a new adventure. It was originally built by the local Blacksmith and his wife and it is locally known as 'The Blacksmith's Home'. Constructed from sandstock bricks with an original facade' featuring a bull-nose verandah and wrought iron balustrade. The home had a period of transformation in the 1980's with a new country style kitchen and a generously sized bathroom. This renovation modernised the home which has stood the test of time from then till now. The interior offers character and charm you would expect from a bygone era; 10ft ceilings, open fireplaces and leadlight windows. The formal lounge room at entry adjoins a generous utility area. This would be an excellent formal dining room and features a grand ornate cedar staircase to access the second level of the home. The rear of the home features an alfresco living area that is used year round and offers privacy and modern plantation-style shutters. This area overlooks the charming backyard with a highly sought after, fully North facing aspect. The yard surprisingly features a large in-ground pool and enjoying this home can now be your new holiday destination. A studio retreat adjoining the pool area could be outdoor cabana, artists/hobby studio or teenage retreat. A much-loved home is now looking for a new custodian of Lambton's unique history and heritage to take it into the 21st Century and beyond. MUST BE SOLD.

Features:-
Unique residential home-perfect for lovers of history and heritage

Perfect premises for home based business (subject to Council)
Heritage without conservation restrictions and obligations
Charming character features throughout
Sandstock brick exterior
Ornate cedar staircase
Open fireplace in lounge room and main bedroom
Cypress pine flooring
Leadlight windows & doors
Bull-nose verandah with wrought iron balustrade
10ft ceilings
In-ground pool
Pool side cabana/artist's studio/utility room
Tandem undercover parking
Solar power panels
2nd toilet
Walk-in linen press
Short walk to Lambton Village shops
Short walk to Lambton Park & library
Short walk to bowling club, swimming pool and sports ground
Zoned for Lambton High School
Very short walk to Primary School & St Johns Catholic Primary School
5 mins drive approx to John Hunter Hospital and Newcastle University
15 mins drive approx to Newcastle CBD, Harbour and local beaches
Bus stop nearby

PEST AND BUILDING REPORTS AVAILABLE UPON INSPECTION

IMPORTANT INFORMATION ABOUT AUCTION DAY. Due to COVID-19 Public Health Orders and our COVID-19 Safety Plan, only one registered bidder for each buyer group will be able to attend the auction. Auction day attendance will be limited to no more than 20 on-site registered bidders - no spectators. We request that all buyers pre-register prior to auction day whether you wish to attend the on-site auction or bid online and we ask that you please book a time to pre-register with us.

Zoning: R2 Low Density Residential
Council: Newcastle
Land Rates: $1972pa approx
Water Rates: $815pa approx

Our COVID Safety plan for open house and auction requires attendees to produce driver's licence or proof of identity card, otherwise we will need to call your mobile phone to check we have your correct contact number.

We require you to:
* Wait until instructed to enter (no more than 20 visitors will be allowed to enter any premises and fewer depending on the size of the property);
* Use hand sanitiser;
* Exit via back door (if possible);
* Maintain 1.5m social distance;
* Remain in family groups at all times.

Please:
* Do not attend if you are unwell;
* Do not attend if you have been told to self-isolate;

Property History for 32 Pearson St, Lambton, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$725,000
12 Dec 2020
  • 17 Mar 2022
    Listed for Sale AUCTION Price Guide $660,000-$726,000
  • 02 Aug 2021
    Listed for Sale AUCTION Price Guide $660,000-$726,000
  • 12 Dec 2020
    Sold for $725,000
Sign in to see more transactions

Commute Calculator

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 2,733 properties. Over the last 5 years, Houses in Lambton have seen a 79.93% increase in median value, while Units have seen a 44.88% increase. As at 31 July 2024:

  • The median value for Houses in Lambton is $1,098,393 while the median value for Units is $633,402.
  • Houses have a median rent of $640 while Units have a median rent of $420.
There are currently 11 properties listed for sale, and 5 properties listed for rent in Lambton on OnTheHouse. According to CoreLogic's data, 100 properties were sold in the past 12 months in Lambton.

Suburb Insights for Lambton 2299

Market Insights
Lambton Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Lambton Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.