OFF MARKET

1/16 Railway Road
New Lambton NSW 2305

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 561m2
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Property Details for 1/16 Railway Rd, New Lambton

1/16 Railway Rd, New Lambton is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 561m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
1975
Floor Size
58m2
Land Size
561m2
Local Government
Newcastle
Lot/Plan
1/SP84918

Last Listing description (April 2023)

A perfect first home or brilliant investment with its superb location a star attraction, this easycare 2-bedroom apartment is fresh and bright having benefitted from a recent makeover. A fabulous find, its interior is exceptionally low maintenance, with brand new carpet, new ceiling fans and a fresh coat of paint throughout. Both bedrooms have been updated with new built-in robes and ceiling fans. The open plan kitchen/living area has a lovely leafy outlook from large windows allowing natural light and breezes while a fully fenced grassed yard adds an appealing outdoor element. Secure garage parking for one vehicle is an added bonus. From here, enjoy coffee and dining at both Lambton and New Lambton and the IGA is only 800m away for your everyday necessities.

* Air-conditioned open plan living area with new carpet and new blinds
* Two bedrooms with brand new built-in wardrobes and ceiling fans

* Tidy kitchen with practical layout and brand new electric cooking
* Functional bathroom with new vanity and tapware; internal laundry
* Fully fenced yard to relax alfresco; secure garage parking for 1 vehicle
* Easily stroll to Lambton Park and swimming pool just a level 400m walk
* 800m from New Lambton's village cafes, shops and supermarket

Council rates: $412 p/qtr
Water rates: $345 p/qtr
Strata fees: $957 p/qtr

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Property History for 1/16 Railway Rd, New Lambton, NSW 2305

A timeline of how this property has performed in the market
Last Sold
$535,000
24 Apr 2023
  • 24 Apr 2023
    Sold for $535,000
  • 14 Apr 2023
    Listed for Sale $530,000
  • 31 Aug 2012
    Sold for $250,000

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About New Lambton 2305

The size of New Lambton is approximately 5.5 square kilometres. It has 29 parks covering nearly 38.8% of total area. The population of New Lambton in 2011 was 9,758 people. By 2016 the population was 10,052 showing a population growth of 3.0% in the area during that time. The predominant age group in New Lambton is 40-49 years. Households in New Lambton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in New Lambton work in a professional occupation. In 2011, 68.7% of the homes in New Lambton were owner-occupied compared with 68.1% in 2016.

New Lambton has 5,151 properties. Over the last 5 years, Houses in New Lambton have seen a 64.66% increase in median value, while Units have seen a 46.25% increase. As at 31 October 2024:

  • The median value for Houses in New Lambton is $1,083,403 while the median value for Units is $651,677.
  • Houses have a median rent of $680 while Units have a median rent of $520.
There are currently 31 properties listed for sale, and 6 properties listed for rent in New lambton on OnTheHouse. According to CoreLogic's data, 195 properties were sold in the past 12 months in New lambton.

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