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Sold on 04 Oct 2024 for $785,000

194 Bridges Road
New Lambton NSW 2305

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 492m2
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Property Details for 194 Bridges Rd, New Lambton

194 Bridges Rd, New Lambton is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 492m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom House sold in New Lambton in the last 12 months.

Building Type
House
Year Built
1950
Land Size
492m2
Local Government
Newcastle
Lot/Plan
64/DP20217

Last Listing description (October 2024)

This delightful 2-bedroom, 1-bathroom home presents an exceptional opportunity for downsizers, first-time homebuyers, and investors seeking a move-in-ready property in a highly desirable suburb.

Step inside to discover a thoughtfully designed layout that maximizes space and comfort. The living area is bright and inviting, featuring recently polished original hardwood floorboards are an absolute standout feature that adds warmth and character. Freshly painted throughout, the home feels modern and well-maintained. The rejuvenated laundry area adds convenience to your daily routine.

The generous outdoor space is a standout feature, with a fully fenced large flat yard perfect for young children to play safely. The potential for side access opens up possibilities for additional access for cars and sheds (STCA).

Investors will appreciate the strong rental demand in this sought-after area, with the potential for excellent returns, given the proximity to amenities and family-friendly features.
Located just a stone's throw from the bustling Kotara's Shopping Centre, you'll have everything you need right at your fingertips—shopping, dining, and entertainment options abound. Plus, enjoy the great outdoors with parks nearby and Merewether Beach just a 12-minute drive away, ideal for weekend outings and family fun.

This home is perfectly positioned to cater to a variety of lifestyle needs, whether you're downsizing, purchasing your first home, or looking for a smart investment. Don't miss this fantastic opportunity to secure the great opportunity.

Key Features:
- Renovated 2 spacious bedrooms with ample natural light
- 1 modern bathroom
- 1 carport with potential side access
- Generous 492m² flat block
- Recently polished original hardwood floorboards
- Freshly painted interiors throughout
- Rejuvenated laundry area for added convenience
- Fully fenced yard, perfect for kids and pets
- Close proximity to Kotara Shopping Centre
- Parks and Merewether Beach access within 12 minutes
- Strong rental demand, making it an ideal investment opportunity

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 194 Bridges Rd, New Lambton, NSW 2305

A timeline of how this property has performed in the market
Last Sold
$785,000
04 Oct 2024
Listed for Rent
$380/w
15 May 2017
  • 04 Oct 2024
    Sold for $785,000
  • 24 Sep 2024
    Listed for Sale $695,000 - $764,000
  • 14 Apr 2020
    Sold for $485,000
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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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Jeremy Allwood
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Kate Spencer
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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.