38 Lambeth Street, Kings Park, VIC 3021 | House for sale | OnTheHouse
 
FOR SALE
$680000-$710000 CONTACT AGENT !

38 Lambeth Street
Kings Park VIC 3021

Bedrooms: 5
Bathrooms: 4
Car spaces: 4
Land area: 556m2
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Sat 19 Sep 12:30 pm
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One Property. Multiple Livings. Outstanding Investment Potential.

38 Lambeth Street, Kings Park
One Property. Multiple Living Zones. Outstanding Investment Potential.
Discover a unique opportunity at 38 Lambeth Street, Kings Park, offering an impressive combination of comfortable family living, flexibility and exciting income potential in a well-established and convenient location.
The main residence provides generous proportions and a practical layout designed for easy everyday living. Light-filled interiors create a warm and welcoming atmosphere, with comfortable living spaces ideal for families, first-home buyers and investors alike.
What truly sets this property apart is the presence of two additional granny flats, each featuring its own kitchen, bathroom and living area. This versatile configuration makes the property particularly attractive for extended families or investors looking for the potential to generate multiple rental income streams from one property.
A Great Investment Opportunity
With the main residence plus two granny flats, this property offers an exciting opportunity for buyers seeking strong rental and cash-flow potential.
Please note: One of the granny flats requires some work and improvement, giving the new owner an opportunity to add further value.
Conveniently positioned close to local schools, shopping, parks, public transport and major road connections, 38 Lambeth Street offers both lifestyle convenience and investment potential in the popular Kings Park community.
Important Photo Disclaimer: Photographs used in this advertisement are for illustrative and presentation purposes only and may have been digitally enhanced, edited, polished or decluttered. They should not be relied upon as an exact representation of the property's current condition. A physical inspection of the property is strongly recommended.
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Property Details for 38 Lambeth St, Kings Park

38 Lambeth St, Kings Park is a 5 bedroom, 4 bathroom House with 4 parking spaces. The property has a land size of 556m2. The place is currently for sale with Westside Real Estate.

Building Type
House
Land Size
556m2
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About Kings Park 3021

The size of Kings Park is approximately 2.5 square kilometres. There are 8 parks, covering nearly 9.9% of the total area. The population of Kings Park in 2016 was 8198 people. By 2021 the population was 8203 showing a population growth of 0.1% in the area during that time. The predominant age group in Kings Park is 30-39 years. Households in Kings Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kings Park work in a labourer occupation.In 2021, 74.70% of the homes in Kings Park were owner-occupied compared with 72.90% in 2016.

Kings Park has 2,992 properties. Over the last 5 years, Houses in Kings Park have seen a 12.56% increase in median value, while Units have seen a 12.39% increase. As at 31 July 2026:

  • The median value for Houses in Kings Park is $667,743 while the median value for Units is $496,869.
  • Houses have a median rent of $500 while Units have a median rent of $285.
There are currently 10 properties listed for sale, and 2 properties listed for rent in Kings park on OnTheHouse. According to Cotality's data, 63 properties were sold in the past 12 months in Kings park.

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Virender Kaindal
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Surinder Sarain
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Westside Real Estate
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