56 Karoola RoadLambton NSW 2299
Property Details for 56 Karoola Rd, Lambton
56 Karoola Rd, Lambton is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 671m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 2 bedroom House sold in Lambton in the last 12 months.
Last Listing description (April 2025)
With sweeping views of the iconic Lambton Park, this classic family home offers more than meets the eye. Featuring spacious interiors, a large block, and the bonus of rear lane access, it presents a prime opportunity for development or a dream family home upgrade. Perfectly positioned for lifestyle and potential.
This home boasts a generous lounge and dining room, modern kitchen, spacious combined bathroom and laundry, high ceilings with ornate cornices, air conditioning and access to a covered verandah and sun-filled entertaining area. The secure rear yard is perfect for kids, pets, or potentially a renovation or development (subject to Council approval) with the original garage accessed via the rear lane.
Close to several well-regarded schools including sought after Lambton Public School (3 mins) and Lambton High School (2 mins), opposite Lambton Park and Pool, the University Callaghan Campus (8 mins), John Hunter Hospital and Mater Hospital (5 mins), major shopping centres and nearby cafes, while being an easy drive from the Pacific Motorway, Hunter Expressway and into Newcastle's CBD.
The features of this home are as follows:
- 2 Large Bedrooms
- Large Kitchen
- Spacious Combined Bathroom & Laundry
- Lounge Room
- Dining Room with Fireplace
- Covered & Enclosed Front Verandah Overlooking Lambton Park
- Rear Paved Entertaining Area
- Ornate Ceilings
- Split System Air Conditioning
- Ceiling Fans
- Single Garage off the Rear Lane
- Large Secure Yard
- Rear Lane Access
- Close to Newcastle University, Hospitals, Shops, Schools and Transport
- 671msq block
Potential Rent - $650 per week.
Council Rates - $612 per quarter.
Water Rates - $298.64 + usage per third.
This property offers a fantastic opportunity to purchase a home in one of our regions most popular suburbs.
A contract for sale is available for your information.
Property History for 56 Karoola Rd, Lambton, NSW 2299
- 28 Apr 2025Sold for $1,400,000
- 16 Oct 2024Listed for Sale Guide $1,390,000
- 18 Oct 2012Sold for $505,000
Recent sales nearby
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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 2,744 properties. Over the last 5 years, Houses in Lambton have seen a 64.01% increase in median value, while Units have seen a 41.70% increase. As at 28 February 2026:
- The median value for Houses in Lambton is $1,281,510 while the median value for Units is $730,621.
- Houses have a median rent of $700 while Units have a median rent of $500.
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