OFF MARKET

2 Russell Road
New Lambton NSW 2305

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
Floor area: 112m2
Land area: 554m2
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Last updated 14 Oct 2024
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Property Details for 2 Russell Rd, New Lambton

2 Russell Rd, New Lambton is a 3 bedroom, 3 bathroom House with 1 parking spaces. The property has a land size of 554m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
House
Floor Size
112m2
Land Size
554m2
Local Government
Newcastle
Lot/Plan
27/A/DP8056

Last Listing description (April 2023)

This property offers so many opportunities for the astute buyer.

Recently renovated, the single level home is ready for immediate occupation or rental.

There is potential for multiple incomes with the possibility of a granny flat at the rear. (STCA)

Or you may wish to explore the option to knock down and rebuild a large 2 story home. The current owners have DA approved plans!

And what a central location, with amazing shops and schools just a short walk away.

If you have ever dreamed of a New Lambton address, then this home is a must for inspection.

- Three bedrooms
- High ceilings with ornate plaster and cornices
- Light filled lounge and dining rooms
- Original kitchen and bathroom ripe for your individual styling
- Air conditioned
- Flat and fenced back yard
- Large two car garage
- Additional shed at rear with toilet and kitchenette
- Moments away from New Lambton village shops and sought-after schools
- Close to McDonald Jones Stadium with easy access to transport, Hamilton and the CBD
- Quiet family friendly street

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Property History for 2 Russell Rd, New Lambton, NSW 2305

A timeline of how this property has performed in the market
Last Sold
$850,000
11 Feb 2023
  • 11 Feb 2023
    Sold for $850,000
  • 22 Dec 2022
    Listed for Sale $840,000 to $880,000
  • 17 Nov 2020
    Sold

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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.

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