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Sold on 10 Oct 2024 for $680,000

8 Grand Valley Way
New Lambton Heights NSW 2305

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Land area: 660m2
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Property Details for 8 Grand Valley Way, New Lambton Heights

Building Type
Land
Land Size
660m2

Last Listing description (October 2024)

Green St Property are proud to welcome you to Grandview Estate on Grandview Road which borders New Lambton Heights and Rankin Park.

With new land subdivisions almost impossible to secure within 15 to 20 minutes of our vibrant and everchanging Newcastle CBD, Grandview Estate is one of those hidden gems with rich lush bushland surrounds, family-friendly location and easy to get to and from locations. Situated central to the suburbs of New Lambton Heights and Rankin Park only 3.5 kilometres east of John Hunter Hospital is this alluring family positioned development opportunity.

With R2 Low-Density Residential zoning, this is an ideal opportunity for any prospective builder or astute investor looking for a residential opportunity.

This ideal location benefits from being within close proximity to Wallsend South Public School, shopping centres (Westfield Kotara & Charlestown Square) and entertainment and leisure facilities (McDonald Jones Stadium & Blackbutt Reserve Wildlife Exhibit) all providing excellent amenities for the residents of the area.

Development is now complete and is ready for your family to start the build of your dream home.

To secure one or more of these lots please contact Peter Aloupis (0414 528 690) for more information.

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Property History for 8 Grand Valley Way, New Lambton Heights, NSW 2305

A timeline of how this property has performed in the market
Last Sold
$680,000
10 Oct 2024
  • 10 Oct 2024
    Sold for $680,000
  • 20 Jun 2024
    Listed for Sale $680,000
  • 08 Aug 2023
    Listed for Sale $675,000 - $725,000

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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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Peter Aloupis
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