OFF MARKET

9/15-17 Avondale Road
New Lambton NSW 2305

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 86m2
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Property Details for 9/15-17 Avondale Rd, New Lambton

9/15-17 Avondale Rd, New Lambton is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 86m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1960
Floor Size
58m2
Land Size
86m2
Local Government
Newcastle
Lot/Plan
9/SP61414

Last Listing description (November 2023)

The ready to renovate two bedroom unit is located only a short walk to New Lambton shops and represents an exceptional opportunity to get yourself involved in a simple make over, add value, resell or sit on and enjoy rent returns on offer in the popular location.

With a spacious two bedroom layout the property has two bedrooms with built ins, a main living space with balcony, kitchen in need or replacement and a sturdy bathroom ready for a cost effective makeover.

Once renovated, rent returns of other units in this building of same configuration are $650 per week, making this a very attractive investment opportunity.

The unit also benefits from a good single car garage with extra storage room.

Features include:
- Sturdy two bedroom unit with built ins
- Two linen cupboards
- Separate toilet
- Solid bathroom with bath and vanity
- Living space with balcony

For more information or to view - look out for scheduled viewing times or call Darren Penn on 0424 740 463 to arrange your private inspection.

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Property History for 9/15-17 Avondale Rd, New Lambton, NSW 2305

A timeline of how this property has performed in the market
Last Sold
$480,000
28 Aug 2023
Listed for Rent
$380/w
21 Feb 2023
  • 28 Aug 2023
    Sold for $480,000
  • 05 May 2023
    Listed for Sale Guide $490,000
  • 20 Feb 2023
    Listed for Rent $380 / 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 5,203 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.

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