SOLD
Sold on 03 Jul 2024 for $605,000

15 Nerong Road
North Lambton NSW 2299

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 124m2
Land area: 398m2
Sold By
Creative Property Wallsend
Save

Property Details for 15 Nerong Rd, North Lambton

Building Type
Land
Year Built
1940
Floor Size
124m2
Land Size
398m2
Local Government
Newcastle
Lot/Plan
1/DP532707

Last Listing description (July 2024)

Discover a unique opportunity in Lambton with this exceptional level corner block, offering almost 400m² of prime land. Perfectly positioned on a quiet, no-through road, this parcel stands out as a rare find, combining the peace of a secluded street with the convenience of urban living. The presence of an existing concrete driveway adds immediate value, simplifying the initial stages of construction and design for your future home.

This block is not just about the space it offers but also about the lifestyle it promises. Within walking distance, you'll find the charming Elder Street shops, where local cafes and boutiques await to become a part of your daily routine. Lambton Park, with its expansive greenery, playgrounds, and community facilities, is also just a stroll away, offering a perfect setting for outdoor activities and relaxation.

For families considering educational opportunities, this property is zoned for the reputable Lambton High School, ensuring access to quality education right in your neighbourhood. Furthermore, its proximity to the University of Newcastle makes it an attractive option for those within the academic community or seeking to invest in a property with strong rental appeal.

This land represents not just a place to build, but a foundation for a future full of potential. Whether you're planning a custom-designed family home that caters to your every need or a smart investment close to educational institutions, this block offers a canvas for your aspirations. Seize the opportunity to create something truly special in Lambton, where community vibes and urban conveniences blend seamlessly. Reach out today to explore the possibilities that await on this superb corner block.

- Zoned for Lambton High School
- Walking distance to Elder St shops
- Close to University of Newcastle
- Level corner block

Land Size: Approx 398m2
Rates: Approx $582/qtr

Property History for 15 Nerong Rd, North Lambton, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$605,000
03 Jul 2024
  • 03 Jul 2024
    Sold for $605,000
  • 22 Mar 2024
    Listed for Sale New to Market
  • 20 Aug 2010
    Sold for $350,000
Sign in to see more transactions

Commute Calculator

About North Lambton 2299

The size of North Lambton is approximately 1.3 square kilometres. It has 12 parks covering nearly 11.6% of total area. The population of North Lambton in 2011 was 3,114 people. By 2016 the population was 3,304 showing a population growth of 6.1% in the area during that time. The predominant age group in North Lambton is 20-29 years. Households in North Lambton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Lambton work in a professional occupation. In 2011, 64.7% of the homes in North Lambton were owner-occupied compared with 59.5% in 2016.

North Lambton has 1,569 properties. Over the last 5 years, Houses in North Lambton have seen a 70.63% increase in median value, while Units have seen a 48.28% increase. As at 31 October 2024:

  • The median value for Houses in North Lambton is $845,509 while the median value for Units is $575,685.
  • Houses have a median rent of $600 while Units have a median rent of $445.
There are currently 7 properties listed for sale, and 1 property listed for rent in North lambton on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in North lambton.

Suburb Insights for North Lambton 2299

Market Insights
North Lambton Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
North Lambton Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.