OFF MARKET

55 Verulam Road
Lambton NSW 2299

Bedrooms: 3
Bathrooms: 1
Car spaces: 5
Floor area: 112m2
Land area: 294m2
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Property Details for 55 Verulam Rd, Lambton

55 Verulam Rd, Lambton is a 3 bedroom, 1 bathroom House with 5 parking spaces. The property has a land size of 294m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
House
Floor Size
112m2
Land Size
294m2
Local Government
Newcastle
Lot/Plan
11/DP525918

Last Listing description (December 2022)

Built in the Modernist style, this well maintained, much loved family home is on the market for the first time. It is simply packed with potential. Set on a low maintenance level block in the heart of ever-popular Lambton, it's just waiting for a modern makeover. With some cosmetic touch-ups and maximising the enormous open space on the ground floor, this property could become your dream home.
Entirely function as it is, the home could be leased tomorrow, with a rental potential of approximately $500.00 to $550.00 per week.

It is perfectly positioned for a convenient lifestyle, situated with walking distance to Lambton Park, Lambton Shopping precinct, Lambton High School, public and private primary schools and public transport.

Interior features include:

A comfortable air conditioned lounge room and dining-kitchen

The retro kitchen feels light and bright, and overlooks the landscaped rear garden

Of the three bedrooms. two have built in robes

The family bathroom features a large vanity and shower, with a separate toilet

Large laundry on the ground floor, with separate toilet

The landscaped low maintenance garden is complete with garden sheds

Spacious carport/outdoor living area on the ground level, with plenty of storage

Property History for 55 Verulam Rd, Lambton, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$710,000
15 Dec 2022
  • 15 Dec 2022
    Sold for $710,000
  • 02 Sep 2022
    Listed for Sale Contact Agent

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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.
There are currently 11 properties listed for sale, and 2 properties listed for rent in Lambton on OnTheHouse. According to CoreLogic's data, 96 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.