OFF MARKET

10 Penman Street
New Lambton NSW 2305

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 99m2
Land area: 334m2
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Property Details for 10 Penman St, New Lambton

10 Penman St, New Lambton is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 334m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
House
Year Built
1960
Floor Size
99m2
Land Size
334m2
Local Government
Newcastle
Lot/Plan
1/DP1292600

Last Listing description (October 2024)

This home offers amazing value for money - one of the best priced homes in New Lambton.
Don't miss out - call today to inspect.

You could put a second story on this home, or extend it out the front (STCA) - so many options

Discover this beautifully renovated 3 bedroom home. This property is an ideal investment opportunity for those looking to capitalize, in this perfectly situated location that combines convenience and charm, on this small manageable block - which will have instant appeal to any tenant, or also to an owner occupier.

Bonus, this property is Torrens Title with no Strata fees to pay!

With its desirable location and modern updates, this home is not only a wonderful place to live but also a smart investment choice. The area is know for its strong rental demand, making it an excellent opportunity for investors, offering a rental potential of approximately $720/week.

Fully renovated just 18 months ago including new plumbing, wiring, flooring, blinds, a/c, fans and lighting, Crimsafe screens
- Contemporary kitchen, stone benches, Omega electric hob, oven and dishwasher
- Bathroom has a luxe feel with on-trend black tapware, floating timber soft close vanity, built in tub, rain shower, separate w/c
- Three carpeted bedrooms all with built ins
- Air conditioning, light and fan combos and LED downlights throughout the home
- 650m to New Lambton South Public School, 1.2km to St Therese's Primary, 800m to St Pius,
1 km to Westfield Kotara and Homemaker Centre, 1.2 km to Adamstown train station

Don't miss out - this beautifully renovated 3 bedroom home is a rare find in a highly sought after neighborhood. Call now to arrange an inspection - or to gather further information.

Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

Property History for 10 Penman St, New Lambton, NSW 2305

A timeline of how this property has performed in the market
Last Sold
$800,000
30 Dec 2022
  • 31 Jul 2024
    Listed for Sale $850,000 - $870,000
  • 11 Aug 2023
    Listed for Sale Not Disclosed
  • 30 Dec 2022
    Sold for $800,000
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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 5,161 properties. Over the last 5 years, Houses in New Lambton have seen a 68.14% increase in median value, while Units have seen a 47.77% increase. As at 30 September 2024:

  • The median value for Houses in New Lambton is $1,086,415 while the median value for Units is $651,467.
  • Houses have a median rent of $675 while Units have a median rent of $490.
There are currently 28 properties listed for sale, and 7 properties listed for rent in New lambton on OnTheHouse. According to CoreLogic's data, 196 properties were sold in the past 12 months in New lambton.

Suburb Insights for New Lambton 2305

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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.