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Sold on 14 May 2024 - Price Unavailable

16/15-17 Avondale Road
New Lambton NSW 2305

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 16/15-17 Avondale Rd, New Lambton

16/15-17 Avondale Rd, New Lambton is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Apartment sold in New Lambton in the last 12 months.

Building Type
Apartment
Local Government
Newcastle
Lot/Plan
16/SP61414

Last Listing description (May 2024)

This two bedroom, one bathroom apartment is the ideal entry level apartment only a short walk to gorgeous New Lambton Village shops with plenty opportunity to add value.

The apartment features an large original kitchen and bathroom plus central lounge plus large master bedroom and second bedroom, both with built ins. The property is ideal to renovate and add value with a simple makeover with an opportunity to significantly increase value and rent returns.

Features include:

• Large main bedroom
• Generous living room
• Sunny balcony
• Large single car lock up garage
• Separate share laundry
• Handy access to transport and shops

This great apartment offers easy access to all the amenities and attractions that the city has to offer and only a short drive to city, harbour, beaches and Lake Macquarie making it an ideal entry level opportunity not to mention an excellent returning rental property.

Approx rent return as is $400 per week
Approx Strata fees $975 per qtr

Contact Darren Penn on 0424 740 463 to arrange a viewing or look out for scheduled viewing times.

Property History for 16/15-17 Avondale Rd, New Lambton, NSW 2305

A timeline of how this property has performed in the market
Last Sold
14 May 2024
  • 07 May 2024
    Sold for $490,000
  • 14 Feb 2024
    Listed for Sale $499,990
  • 21 Jul 2022
    Sold for $7,600,000

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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 5,157 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 10 properties listed for rent in New lambton on OnTheHouse. According to CoreLogic's data, 197 properties were sold in the past 12 months in New lambton.

Suburb Insights for New Lambton 2305

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Contact agent
Darren Penn
Show contact details
Andrew Dinnen
Show contact details
Ray White Newcastle Lake Macquarie
Preferred contact:
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.