OFF MARKET

7 Fifth Street
North Lambton NSW 2299

Bedrooms: 3
Bathrooms: 1
Car spaces: 5
Floor area: 72m2
Land area: 466m2
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Last updated 11 Nov 2024
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Property Details for 7 Fifth St, North Lambton

7 Fifth St, North Lambton is a 3 bedroom, 1 bathroom House with 5 parking spaces and was built in 1960. The property has a land size of 466m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
1960
Floor Size
72m2
Land Size
466m2
Local Government
Newcastle
Lot/Plan
32/DP524207

Last Listing description (August 2023)

This property is divided into 2 residences under the one title with a weekly rent return of $980p.w or $50,960 P.A.

Look at your options -

1. Fabulous investment property to add to or start your portfolio

2. Live in one and rent the other to cover mortgage payments
3. Convert into a large family home.

455 sqm block with rear lane access and in a quiet location it boasts 5 bedrooms, built-ins, fanlights, 2 x split air conditioning units, 2 bathrooms, open plan living spaces, plus an adjoining sitting area thru to a huge covered entertainment deck with an elevated outlook.

Complimented by covered parking for 5 vehicles - front access to 1x carport and rear lane access to 4 x carport.

Close to schools, transport, minutes to Newcastle University and Stockland Jesmond

Property History for 7 Fifth St, North Lambton, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$861,000
05 May 2023
Listed for Rent
$478/w
08 Jun 2022
  • 05 May 2023
    Sold for $861,000
  • 02 Mar 2023
    Listed for Sale Contact Agent
  • 15 Jun 2022
    Sold
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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 1,569 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

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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.