OFF MARKET

347 Turton Road
New Lambton NSW 2305

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 113m2
Land area: 367m2
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Last updated 11 Nov 2024
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Property Details for 347 Turton Rd, New Lambton

347 Turton Rd, New Lambton is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1935. The property has a land size of 367m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
1935
Floor Size
113m2
Land Size
367m2
Local Government
Newcastle
Lot/Plan
3/DP15855

Last Listing description (January 2022)

INSPECTION BY APPOINTMENT - CONTACT AGENT

An outstanding buying opportunity in a prized location, these two renovated, outstanding properties are on 1 title and include a classic three-bedroom home with ornate ceilings, plus freestanding townhouse beckons those seeking a rewarding and versatile investment in a lifestyle hotspot. Families will love the flexibility of being able to house two families side-by-side but not under one roof, investors will enjoy a very lucrative dual-income return either as permanant rentals or via AIRBNB, and buyers wanting to get a foothold into the property market could live in one home and rent the other. On a corner block with access via Rex Avenue, from here you are steps to McDonald Jones Stadium, a stroll to Wests Leagues Club and local pubs, or in walking distance to New Lambton Village and park areas for children.

* Single-level weatherboard and tile Californian bungalow (recently rewired).

* Fully renovated throughout, all the hard work has already been done.
* Three large bedrooms, including new built-in robes, sunroom, charming lounge room.
* Caesarstone island kitchen with gas cooking and adjoining dining area.
* Timber floors, high ceilings, gas fireplace, air-conditioning.
* Separate dual-storey townhouse with two bedrooms, main with walk-in robe.
* Open plan living plus private entry to a single garage.
* Level, low-maintenance corner block accessed via Rex Avenue.
* Great base for holiday accommodation or long-term tenancy.
* Walk to restaurants, clubs, pubs, cafes, schools and Broadmeadow train station.
* 3.5km to Westfield Kotara and a 15-minute drive to the CBD.

Council Rates: $2,187.36 PA approx
Water Rates: TBA
Appraised Rental Potential: $57,200 PA approx (could achieve more if AIRBNB)

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Property History for 347 Turton Rd, New Lambton, NSW 2305

A timeline of how this property has performed in the market
Last Sold
$890,000
05 Aug 2021
Listed for Rent
$620/w
17 Dec 2021
  • 03 Dec 2021
    Listed for Rent $620 / week
  • 03 Nov 2021
    Listed for Sale For Sale Guide $1,000,000 - $1,090,000
  • 05 Aug 2021
    Sold for $890,000
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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 5,150 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 8 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.

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