SOLD
Sold on 18 Jun 2024 for $440,000

8/20 Lookout Road
New Lambton Heights NSW 2305

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 6995m2
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Property Details for 8/20 Lookout Rd, New Lambton Heights

Building Type
Commercial
Land Size
6995m2
Local Government
Newcastle
Lot/Plan
8/SP60845

Property History for 8/20 Lookout Rd, New Lambton Heights, NSW 2305

A timeline of how this property has performed in the market
Last Sold
$440,000
18 Jun 2024
  • 18 Jun 2024
    Sold for $440,000
  • 14 Dec 2017
    Sold for $175,000
  • 23 Aug 2010
    Sold for $123,335
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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 1,086 properties. Over the last 5 years, Houses in New Lambton Heights have seen a 68.68% increase in median value, while Units have seen a 70.06% increase. As at 30 September 2024:

  • The median value for Houses in New Lambton Heights is $1,076,361 while the median value for Units is $711,198.
  • Houses have a median rent of $795 while Units have a median rent of $320.
There are currently 7 properties listed for sale, and 1 property listed for rent in New lambton heights on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in New lambton heights.

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