OFF MARKET

5/180 Kings Road
New Lambton NSW 2305

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 107m2
Land area: 1547m2
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Last updated 30 Sep 2024
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Property Details for 5/180 Kings Rd, New Lambton

5/180 Kings Rd, New Lambton is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 1547m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2006
Floor Size
107m2
Land Size
1547m2
Local Government
Newcastle
Lot/Plan
5/SP77790

Last Listing description (September 2013)

Ideal Investment
Currently leased to Defence Housing Australia (DHA) until 2020 with a secure, guaranteed rental return, which is reviewed annually each December.
This is an investment worth considering WHY Rental is guaranteed even if there is no tenant. Its hassle free, basically a set and forget investment. DHA do all the work and maintain the integrity of your property so that at the end of the lease, the home is clean and damage free and ready for your next step

This 7 year old brick villa offers the following:
3 double bedrooms with built-ins
Main has ensuite
Large main bathroom with separate bath to shower
Open plan living area, with sliding doors leading to large fenced courtyard
Stunning timber kitchen, gas cook-top
Double garage with internal access
10 minute drive to John Hospital & beautiful Newcastle beaches
Walk to shops, transport, parks and school
Phone Lyn today for inspection and further information regarding rental situation to Defence Housing Australia - offering secure rental return with benefits.

Property History for 5/180 Kings Rd, New Lambton, NSW 2305

A timeline of how this property has performed in the market
Last Sold
$740,000
09 Aug 2023
  • 09 Aug 2023
    Sold for $740,000
  • 24 Sep 2013
    Sold for $410,000
  • 24 May 2013
    Listed for Sale $419,000
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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 5,203 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 6 properties listed for rent in New lambton on OnTheHouse. According to CoreLogic's data, 204 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.