OFF MARKET

27 Lookout Road
New Lambton Heights NSW 2305

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 103m2
Land area: 699m2
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Last updated 18 Nov 2024
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Property Details for 27 Lookout Rd, New Lambton Heights

27 Lookout Rd, New Lambton Heights is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 699m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
House
Year Built
1960
Floor Size
103m2
Land Size
699m2
Local Government
Newcastle
Lot/Plan
4/DP24504

Last Listing description (October 2020)

This original styled three bedroom timber clad home is located on a 695sqm block only an easy walk to John Hunter Hospital and is an exceptional opportunity to secure a home in a prime location with many options.With a tidy original layout the property is currently leased until 13th December 2020 with an excellent tenant returning $450 per week.The three bedrooms are serviced by a central bathroom, tidy kitchen, good sized lounge dining area plus a big sunroom that overlooks the private backyard plus laundry and separate toilet.To the rear of the property there is also a large double car free standing garage and under the house there is ample storage.The property also benefits from DA approved plans for additions and improvements to the current dwelling plus the construction of a second dwelling to add considerable value.Features include:- Original styled three bedroom home ripe for renovation- Good secure rent returns of $450 per week - set and forget- Handy location to John Hunter hospital- DA Approved Plans to renovate and extendFor detailed information or to view this property contact Darren Penn on 0424 740 463.

Property History for 27 Lookout Rd, New Lambton Heights, NSW 2305

A timeline of how this property has performed in the market
Last Sold
$570,000
28 Oct 2020
Listed for Rent
04 Jun 2020
  • 28 Oct 2020
    Sold for $570,000
  • 31 Jul 2020
    Listed for Sale $600,000
  • 25 May 2020
    Listed for Rent - Price not available
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About New Lambton Heights 2305

The size of New Lambton Heights is approximately 3.1 square kilometres. It has 14 parks covering nearly 16.5% of total area. The population of New Lambton Heights in 2011 was 2,155 people. By 2016 the population was 2,451 showing a population growth of 13.7% in the area during that time. The predominant age group in New Lambton Heights is 40-49 years. Households in New Lambton Heights are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in New Lambton Heights work in a professional occupation. In 2011, 88.2% of the homes in New Lambton Heights were owner-occupied compared with 85.9% in 2016.

New Lambton Heights has 1,083 properties. Over the last 5 years, Houses in New Lambton Heights have seen a 63.62% increase in median value, while Units have seen a 34.67% increase. As at 31 October 2024:

  • The median value for Houses in New Lambton Heights is $1,065,899 while the median value for Units is $602,555.
  • Houses have a median rent of $800 while Units have a median rent of $320.
There are currently 4 properties listed for sale, and 1 property listed for rent in New lambton heights on OnTheHouse. According to CoreLogic's data, 63 properties were sold in the past 12 months in New lambton heights.

Suburb Insights for New Lambton Heights 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.