53 Compton StreetNorth Lambton NSW 2299
Property Details for 53 Compton St, North Lambton
53 Compton St, North Lambton is a 5 bedroom, 4 bathroom House with 1 parking spaces. The property has a land size of 493m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 5 bedroom House sold in North Lambton in the last 12 months.
Last Listing description (June 2024)
Presenting an incredible opportunity for your investment and property ownership.
The impressive rental return is $955 plus per week. It is a quality renovated home which can accommodate students or become an important family investment. Located in the quality residential Compton Street, you are away from the hustle bustle and yet easy access to the University of Newcastle, shopping centres and local cafes.
Inside the home the bedrooms are all king size with split system air conditioning and room for a desk. The bathrooms are modern and spacious for privacy featuring 4 separate toilets to the home.
There is a 6th bedroom which is currently like a tiny house in the garage. This is just an added extra for friend, and the garage still offers storage at the front. Imagine buying this as an investment for your kids and benefitting from the added income. Contact me for a full list of rental figures and features for this home.
- See floorplan for breakdown of rent per room, currently a student accommodation house
- There are currently tenants in rooms 1, 2 and 5 whose leases continue to August
- The tiny unit in the garage has been the owners relation, another possibility for new buyer
- They can remain if the purchaser wishes to renew their leases
- Build approx. 1960 with renovations throughout the year
- Driveway available for parking, council parking across the road
- Buying for your kids means they can have a home and their friends paying rent with them
- This property is not going to auction so be quick to inspect and present your offers
Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
Property History for 53 Compton St, North Lambton, NSW 2299
- 03 Sep 2024Listed for Rent $230 / week
- 21 Jun 2024Sold for $950,000
- 15 Mar 2019Sold for $555,000
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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 1,595 properties. Over the last 5 years, Houses in North Lambton have seen a 69.26% increase in median value, while Units have seen a 45.15% increase. As at 30 November 2024:
- The median value for Houses in North Lambton is $855,717 while the median value for Units is $571,736.
- Houses have a median rent of $600 while Units have a median rent of $450.
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