22A Morehead Street, Lambton, NSW 2299 | Property Value & History | OnTheHouse
FOR SALE

22A Morehead Street
Lambton NSW 2299

Bedrooms: 6
Bathrooms: 4
Car spaces: -
Floor area: 412m2
Land area: 240m2
This property is currently on the market
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Property Details for 22a Morehead St, Lambton

22a Morehead St, Lambton is a 6 bedroom, 4 bathroom House and was built in 1920. The property has a land size of 240m2 and floor size of 412m2.This Property is currently listed for sale with Wilton Lemke Stewart

Building Type
House
Year Built
1920
Floor Size
412m2
Land Size
240m2
Local Government
Newcastle
Lot/Plan
849/DP755247

Last Listing description (May 2026)

Step into a truly unique property where character, scale and flexibility come together in the heart of Lambton. Rich in history and thoughtfully adapted for modern living, this remarkable residence offers a rare opportunity to secure something well beyond the ordinary.Originally a Freemason's Lodge and later transformed into a vibrant community space, the home now presents as a substantial and versatile residence with endless potential. Behind its striking faade lies an expansive layout that can function as one large home or be configured into two separate dwellings.The flexible floor plan allows for a four bedroom, two bathroom residence alongside a fully self contained two bedroom, two bathroom space, each complete with its own living areas and kitchen. Soaring ceilings in the main living zone create a sense of volume and light, while original timber floors and retained features pay homage to the building's unique past. A statement bar area adds warmth and personality, offering a subtle nod to its earlier life.Perfectly suited to large families, multi generational living, investors or those seeking a home with income potential, the property is equally appealing as a high performing Airbnb or home business setup. Currently returning $1,000 per week, it offers immediate income alongside future upside.Positioned just moments from Elder Street, you are right in the centre of Lambton's vibrant village atmosphere. Cafes, shops, schools and everyday essentials are all within easy reach, along with easy access to Newcastle, Lake Macquarie, Port Stephens and the Hunter Valley.This is a rare chance to secure a landmark style property with scale, flexibility and a story to match.Key Features Dual storey building on 240sqm corner block with second access via De Vitre Street Approx. 405sqm of internal space with flexible dual living configuration Suitable for large families, dual occupancy, Airbnb or home business use Currently returning $1,000 per week 700m to Lambton Public School, 1.6km to Lambton High School, 4km to University of Newcastle Approx. 12 minutes to Newcastle Interchange, 15 minutes to Lake Macquarie, 25 minutes to Newcastle Airport, 40 minutes to the Hunter ValleyOutgoings Water rates approx. $1,686 per annum plus usage Council rates approx. $4,224 per annumDisclaimer: All information provided by Wilton Lemke Stewart in the marketing of a property for sale or lease has been sourced from various third-party outlets that we deem reliable. Nonetheless, Wilton Lemke Stewart cannot ensure its absolute accuracy, and we bear no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements in the information provided. Prospective buyers and tenants are encouraged to conduct their own due diligence and rely on their own investigations. All images, measurements, diagrams, renderings, and data are indicative and for illustrative purposes only, subject to potential changes.

Property History for 22a Morehead St, Lambton, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$1,010,000
27 Nov 2018
Listed for Rent
$825/w
03 Jan 2025
  • 05 May 2026
    Listed for Sale Guide: $1,700,000 - $1,800,000
  • 03 Jan 2025
    Listed for Rent $825 / week
  • 23 Apr 2024
    Listed for Rent $825 / 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 2,738 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.
There are currently 4 properties listed for sale, and 3 properties listed for rent in Lambton on OnTheHouse. According to Cotality's data, 98 properties were sold in the past 12 months in Lambton.

Suburb Insights for Lambton 2299

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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.