SOLD
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Sold on 23 Sep 2024 for $430,000

1/50 Lambton Road
Waratah NSW 2298

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Property Details for 1/50 Lambton Rd, Waratah

1/50 Lambton Rd, Waratah is a 2 bedroom, 1 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Waratah in the last 12 months.

Building Type
Unit

Last Listing description (September 2024)

If you are after the ideal location with access to all the amenities, then look no further than this immaculate unit.
The building has been extremely well built, being double brick and appropriately maintained.
Situated in the hub of Waratah near the Mater hospital, schools, shops and public transport.

The car is not a necessity, the home provides great lifestyle opportunities.
Simply move in an enjoy all that the area has to offer.

• Formal lounge with study area along with great storage, including book shelves
• Main bedroom with walk in robe, split system air conditioning and fan
• Bedroom 2 has a built in robe and fan
• Renovated kitchen with gas cooktop electric oven, dishwasher, soft close doors and Caesarstone benchtops
• Neat bathroom and laundry

Located only 6 kilometres from the beautiful beaches of Newcastle and Merewether and 3 kilometres to Newcastle University the position is ideal.
The first home buyer will be delighted with this opportunity to enter the market along with the investor or retiree.
It is the unit on the bottom level, therefore single level living at its finest.
One of those rare opportunities presents so don’t miss out.

Disclaimer: We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including and without limitation, any income, rentals, dimensions, areas, zoning, inclusions and exclusions.

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Property History for 1/50 Lambton Rd, Waratah, NSW 2298

A timeline of how this property has performed in the market
Last Sold
$430,000
23 Sep 2024
Listed for Rent
$180/w
25 Apr 2009
  • 11 Sep 2024
    Sold for $430,000
  • 03 Sep 2024
    Listed for Sale $395,000 to $430,000
  • 04 Jun 2019
    Sold for $305,000
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About Waratah 2298

The size of Waratah is approximately 1.9 square kilometres. It has 5 parks covering nearly 10.1% of total area. The population of Waratah in 2011 was 4,759 people. By 2016 the population was 4,487 showing a population decline of 5.7% in the area during that time. The predominant age group in Waratah is 20-29 years. Households in Waratah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Waratah work in a professional occupation. In 2011, 51.5% of the homes in Waratah were owner-occupied compared with 48.8% in 2016.

Waratah has 2,442 properties. Over the last 5 years, Houses in Waratah have seen a 63.22% increase in median value, while Units have seen a 41.93% increase. As at 30 November 2024:

  • The median value for Houses in Waratah is $868,753 while the median value for Units is $592,193.
  • Houses have a median rent of $650 while Units have a median rent of $500.
There are currently 2 properties listed for sale, and 7 properties listed for rent in Waratah on OnTheHouse. According to CoreLogic's data, 103 properties were sold in the past 12 months in Waratah.

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Lance Jensen
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