102 Elder StreetLambton NSW 2299
Property Details for 102 Elder St, Lambton
102 Elder St, Lambton is a 2 bedroom, 2 bathroom Townhouse. The property has a land size of 233m2. While the property is not currently for sale or for rent, it was last sold in July 1985.
Last Listing description (June 2025)
Residential Development Opportunity on Main Street
This property offers a generous frontage of approximately 15 meters along Elder Street and holds E1 Local Centre Zoning, making it a prime location for residential development in the bustling heart of Newcastle's sought-after suburb. Accessed from both Elder Street and DeVitre Street, these lots present an enticing opportunity for mixed-use development (subject to council approval).
Offered with vacant possession, the buildings on the site offer a blank canvas for your residential vision. Imagine the potential of creating a blend of residential and retail spaces within this vibrant community hub.
With preliminary plans showcasing the possibility of incorporating four 2-bedroom apartments alongside residential units, this offering presents a rare chance to secure approximately 508sqm of prime residential land with immense development possibilities which is in high demand in central Lambton.
Property History for 102 Elder St, Lambton, NSW 2299
- 12 Nov 2024Listed for Sale $1,300,000 - $1,400,000
- 08 May 2024Listed for Sale $1,300,000 - $1,400,000
- 29 Jul 1985Sold for $125,000
Recent sales nearby
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0About 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 2,744 properties. Over the last 5 years, Houses in Lambton have seen a 56.67% increase in median value, while Units have seen a 48.05% increase. As at 30 April 2026:
- The median value for Houses in Lambton is $1,316,277 while the median value for Units is $793,550.
- Houses have a median rent of $700 while Units have a median rent of $550.
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