25 Faulkner Cres, North Lambton is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1998. The property has a land size of 636m2 and floor size of 648m2. While the property is not currently for sale or for rent, it was last sold in December 2018.
This spacious home is an excellent investment proposal, with a potential rental return from University students at $200-$220 per room, equating to $800 - $880 per week. Alternatively, you can use it as a low maintenance family home, where all you need to do is move in.
Perfectly positioned in a quiet cul-de-sac street and beautifully elevated to catch north-westerly light and showcase dazzling district views to the mountains beyond, this spacious dual storey brick home is a picture of comfort, convenience and ease of living. A versatile multi-purpose room on entry is fitted with valuable storage making it an ideal fourth bedroom or quiet space to work from home. Upstairs, the immaculate, fresh interiors are framed with easycare tiled floors and air con while the open plan design of the lounge, dining, kitchen and rumpus facilitates relaxed family living. The back of the home connects easily with a low maintenance terraced backyard, while a verandah at the front is a sweet spot for relaxing as the sun goes down. A choice of schools and the University Callaghan Campus are easily walkable from here and everyday shopping and services are close by at Jesmond.
- Dual storey brick and tile home on elevated 648sqm parcel captures fabulous views
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 1,571 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:
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