OFF MARKET

48 Spruce Street
North Lambton NSW 2299

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 137m2
Land area: 1028m2
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Property Details for 48 Spruce St, North Lambton

48 Spruce St, North Lambton is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 1028m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
House
Year Built
1950
Floor Size
137m2
Land Size
1028m2
Local Government
Newcastle
Lot/Plan
6/F/DP1580

Last Listing description (September 2023)

DA approved and ready to go, this quarter acre block is now ready for a builder or developer to capitalise and reap the rewards of a Torrens title subdivision and the construction of two architect designed homes. Quite unlike anything else in North Lambton, these homes include two separate living and entertaining areas with the main lounge and dining room configured upstairs to take advantage of the northerly aspect and superb views that stretch from Carrington to Merewether Heights and up to Nelson Bay. Four bedrooms and three bathrooms perfectly cater for large families with a generously size landscaped garden and plunge pool destined to impress. Arguably one of the suburb's best streets central to Lambton's lifestyle attractions and the University of Newcastle and just 6km into the CBD.

- Architect designed plans by Newcastle based Jason Topic
- Original 3-bedroom home on site ready for demolition with DA approval already in place

- Approved to build two side by side 4-bedroom, 3-bathroom homes each with a double garage
- Torrens title 2-lot subdivision with each block offering 505.4sqm
- North to rear aspect captures sweeping district views as far as the ocean
- Just 700m from Lambton Public school and in catchment for Lambton High
- 3km from John Hunter Hospital and 2.5km from the Mater

* This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.

Property History for 48 Spruce St, North Lambton, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$680,000
19 Jun 2020
  • 04 Sep 2023
    Listed for Sale Not Disclosed
  • 19 Jun 2020
    Sold for $680,000
  • 09 Apr 2020
    Listed for Sale Price Guide On Request
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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 1,571 properties. Over the last 5 years, Houses in North Lambton have seen a 73.88% increase in median value, while Units have seen a 50.21% increase. As at 30 September 2024:

  • The median value for Houses in North Lambton is $850,042 while the median value for Units is $575,057.
  • Houses have a median rent of $590 while Units have a median rent of $460.
There are currently 7 properties listed for sale, and 2 properties 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

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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.