SOLD
Sold on 03 May 2024 for $590,000

5/59 Westcourt Road
New Lambton NSW 2305

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 895m2
Sold By
Creative Property Wallsend
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Property Details for 5/59 Westcourt Rd, New Lambton

5/59 Westcourt Rd, New Lambton is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 895m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in New Lambton in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
68m2
Land Size
895m2
Local Government
Newcastle
Lot/Plan
5/SP15125

Last Listing description (May 2024)

Nestled in the heart of the sought-after Wirrinda complex, this charming two bedroom unit offers an unparalleled blend of suburban tranquility and urban convenience. Situated directly across from a picturesque park and within walking distance to Lambton Park, the refreshing Lambton Pool, the vibrant Wests New Lambton, and the boutique Regent Street shops, you're surrounded by leisure and lifestyle options. The unit's prime location is further enhanced by its close proximity to John Hunter Hospital, zoning for the esteemed Lambton High School, and a short drive into the Newcastle CBD, making it an ideal choice for professionals, families, and anyone who values ease of access to the city's finest amenities.

As you step into this inviting space, you're greeted by a warm and homely atmosphere, accentuated by the solid brick walls that ensure peace and privacy. Each room is bathed in natural light, offering a blank canvas for you to personalise and create your ideal living space. A single lock-up garage provides not only security for your vehicle but also additional storage solutions, making this unit as practical as it is charming. Despite its central location, the Wirrinda complex remains a quiet and peaceful haven, thanks to its thoughtful design and solid construction.

Adding to its allure, this 2-bedroom unit presents a lucrative opportunity for investors or those seeking a steady income stream, as it is currently rented for $450 per week under a continued lease. This arrangement offers immediate financial returns, making it an even more attractive investment.

This two bedroom unit in Wirrinda offers an exceptional lifestyle opportunity for those looking for the perfect balance of convenience, community, and tranquility. Coupled with the benefit of an existing rental agreement, it represents a wise choice for both homebuyers and investors alike. Don't miss your chance to make it your own.

- Ideal location, close to amenities
- Quiet complex with brick walls
- Single lock up garage with auto door
- Across from public park

Strata: Approx $850/qtr
Rates: Approx $406/qtr
Rent: $460 - $490

Property History for 5/59 Westcourt Rd, New Lambton, NSW 2305

A timeline of how this property has performed in the market
Last Sold
$590,000
03 May 2024
Listed for Rent
$419/w
25 Oct 2021
  • 03 May 2024
    Sold for $590,000
  • 02 Apr 2024
    Listed for Sale New to Market
  • 17 Sep 2021
    Listed for Rent $420 / week
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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 5,156 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 10 properties listed for rent in New lambton on OnTheHouse. According to CoreLogic's data, 197 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.