5/50 Lambton RoadWaratah NSW 2298
Property Details for 5/50 Lambton Rd, Waratah
5/50 Lambton Rd, Waratah is a 2 bedroom, 1 bathroom Unit and was built in 1958. The property has a land size of 502m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
Last Listing description (July 2020)
An affordable top floor unit, this is an ideal investment or a first rung on the property ladder. A solid building containing only 6 units and displaying Art Deco features, it is centrally located, close to the Mater Hospital, Waratah Shopping Village and also Newcastle University.
This delightful light-filled, 2 bedroom unit has a generous sized lounge/kitchen/dining area, and a balcony with views. And due to it's elevated position, breezes are caught promoting great cross-ventilation.
With an internal laundry, and good sized bedrooms, this unit won't disappoint the astute property investor or first home buyer.
Property Features:
- Internal laundry
- Gas hot water system
- Gas cooktop
- Attic storage space
- Mostly double brick internal walls
- Floating timber floors in the kitchen/living area
- Centrally Located
Council Rates: $1192 PA approx
Water Rates: $858 PA approx
Strata Levies: $630 PQ approx
Property History for 5/50 Lambton Rd, Waratah, NSW 2298
- 09 Jul 2020Listed for Sale SOLD - $310,000
- 26 Jun 2019Sold for $310,000
- 13 Feb 2019Listed for Sale $310,000 to $330,000
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0About 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 2,439 properties. Over the last 5 years, Houses in Waratah have seen a 70.11% increase in median value, while Units have seen a 36.88% increase. As at 31 August 2024:
- The median value for Houses in Waratah is $862,868 while the median value for Units is $581,647.
- Houses have a median rent of $628 while Units have a median rent of $485.
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