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 1,093 properties. Over the last 5 years, Houses in New Lambton Heights have seen a 67.13% increase in median value, while Units have seen a 35.76% increase. As at 30 November 2024:

  • The median value for Houses in New Lambton Heights is $1,081,772 while the median value for Units is $610,154.
  • Houses have a median rent of $810 while Units have a median rent of $320.
There are currently 4 properties listed for sale, and no properties listed for rent in New lambton heights on OnTheHouse. According to CoreLogic's data, 67 properties were sold in the past 12 months in New lambton heights.

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