325 Newcastle Rd, Lambton is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1930. The property has a land size of 611m2 and floor size of 611m2. While the property is not currently for sale or for rent, it was last sold in August 2017.
What an opportunity for the handy renovator! A three bedroom brick home ready to renovate and to add value, comes complete with a self contained granny flat which is ready to rent out or occupy. Live in the flat, or rent the flat out while you renovate - there is money to be made! Situated on a generous 600 plus sqm block with the main house set down and back from the roadway providing a quieter location than you may be anticipate. Wide driveway and super deep footpath provides easy access and parking. Centrally located for work, study or play - only minutes from the University and Jesmond shopping centre. Has the bonus of being in the catchment zone for Lambton High School. Nice open outlook of the district from the elevated back deck.
- Owners ready to meet the market
- Realistic expectations regards condition and position
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 2,709 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:
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