1/5 Howe Street, Lambton, NSW 2299 | Property Value & History | OnTheHouse
OFF MARKET

1/5 Howe Street
Lambton NSW 2299

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 655m2
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Property Details for 1/5 Howe St, Lambton

1/5 Howe St, Lambton is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 655m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in June 2024.

Building Type
Unit
Year Built
1970
Floor Size
68m2
Land Size
655m2
Local Government
Newcastle
Lot/Plan
1/SP3318

Last Listing description (July 2024)

This unit offers the best of both worlds, a prime location a short stroll to the beautiful Lambton Park, and maintenance free ground floor living. The unit is currently rented and is the perfect investment opportunity, or would also suit first home buyers and retirees.

The unit boasts two generous bedrooms both with built in wardrobes, modern kitchen, large living room, a neat tiled bathroom, and a separate toilet. The property also includes tiled floors to wet areas and carpet to the bedrooms and living, ceiling fans, single carport, and all part of an established complex of only 6 units.

Close to sought after schools New Lambton Public School (2 mins) and Lambton High School (2 mins), located diagonally opposite Lambton Park, Pool, Tennis Courts, Ovals, and Bowling Club, Elder Street Lambton village shops (2 mins), Wests Club New Lambton (1 min), Regent Street New Lambton village shops and IGA (2 mins), John Hunter Hospital, Newcastle Private Hospital and Mater Hospital (7 mins), while being an easy drive from Newcastle's CBD.

The features of this property are as follows:
- 2 Bedrooms both with built-in wardrobe
- 1 Combined Bathroom & Laundry
- Separate Toilet
- Modern Kitchen
- Large Living Area
- Ceiling Fans
- Air Conditioner
- Single Carport
- Ground Floor Unit
- Established Complex of 6 Units
- Diagonally Opposite Lambton Park, Pool, Tennis Courts, Ovals, & Bowling Club
- Close to Shops, Schools and Transport

Currently rented for $430 per week (lease expires 5.11.2024).
Strata Fees - $675 per quarter.
Council Rates - $404 per quarter.
Water Rates - $253.50 per third + usage approx.

A copy of the contract for sale is available for your information.

Property History for 1/5 Howe St, Lambton, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$501,000
12 Jun 2024
Listed for Rent
$430/w
20 Oct 2023
  • 12 Jun 2024
    Sold for $501,000
  • 29 May 2024
    Listed for Sale Guide $480,000
  • 20 Oct 2023
    Listed for Rent $430 / week
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About Lambton 2299

The size of Lambton is approximately 2.8 square kilometres. It has 15 parks covering nearly 12.6% of total area. The population of Lambton in 2016 was 4909 people. By 2021 the population was 5214 showing a population growth of 6.2% in the area during that time. The predominant age group in Lambton is 50-59 years. Households in Lambton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lambton work in a professional occupation.In 2021, 63.00% of the homes in Lambton were owner-occupied compared with 61.70% in 2016.

Lambton has 2,737 properties. Over the last 5 years, Houses in Lambton have seen a 69.12% increase in median value, while Units have seen a 46.32% increase. As at 31 October 2025:

  • The median value for Houses in Lambton is $1,215,028 while the median value for Units is $719,077.
  • Houses have a median rent of $650 while Units have a median rent of $480.
There are currently 7 properties listed for sale, and 5 properties listed for rent in Lambton on OnTheHouse. According to Cotality's data, 93 properties were sold in the past 12 months in Lambton.

Suburb Insights for Lambton 2299

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.