OFF MARKET

2/24 Railway Road
New Lambton NSW 2305

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 568m2
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Property Details for 2/24 Railway Rd, New Lambton

2/24 Railway Rd, New Lambton is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 568m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
1980
Floor Size
51m2
Land Size
568m2
Local Government
Newcastle
Lot/Plan
2/SP2709

Last Listing description (April 2023)

A Fantastic Entry Point 1st Home or Investment Opportunity. Centrally located in highly sought after New Lambton within easy walking distance of shops with Gwyder Park located directly opposite, this tidy one-bedroom unit is an ideal entry-level or investment opportunity in a sought-after postcode.

Freshly painted throughout this fantastic property features a built-in robed bedroom, large open-plan kitchen, spacious living and dining area and a combined bathroom and laundry area.

Situated approx 650m from Lambton Pool and Lambton Park and an easy 10-minute walk in either direction to Regent Street and Elder Street shops, cafes and supermarkets, everything you could possibly need is at your doorstep.

- Secure brick unit complex in a quiet street
- Freshly painted throughout
- Bedroom features built-in robe
- Internal window shutters throughout
- External windows have automatic/ motorised aluminium shutters
- Bathroom with shower, vanity and separate W/C
- Private laundry facilities
- Single carport offering convenient off-street parking.

Rental Potential: $350.00 to $370.00 per week approx
Strata - $1951.00 approx. pa
Water - $750.00 approx. pa
Council - $1540.00 approx. pa

You'll love living here... "Welcome to your new home"

For further details or to arrange your own personal inspection please call Scott Browne 0408586248

DISCLAIMER: Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our vendors, and as such, e365realestate makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for marketing purposes.

Property History for 2/24 Railway Rd, New Lambton, NSW 2305

A timeline of how this property has performed in the market
Last Sold
$383,000
03 Mar 2023
  • 03 Mar 2023
    Sold for $383,000
  • 24 Dec 2022
    Listed for Sale New Price Guide - $375,000 to $410,000
  • 11 Mar 1993
    Sold for $80,000

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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.

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.