1 Thalaba Road, New Lambton, NSW 2305 | Property Value & History | OnTheHouse
OFF MARKET

1 Thalaba Road
New Lambton NSW 2305

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 116m2
Land area: 420m2
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Property Details for 1 Thalaba Rd, New Lambton

1 Thalaba Rd, New Lambton is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 420m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Year Built
1930
Floor Size
116m2
Land Size
420m2
Local Government
Newcastle
Lot/Plan
1/DP449578

Last Listing description (December 2023)

Dual Street frontage at the corner of the peaceful, treelined street of Thalaba Road, in the popular New Lambton village and close to shops and cafes, excellent schools, Blackbutt Reserve and Hunter Stadium

The property boasts a private residence with the added investment and opportunity that comes with the separate shop at the rear.

The 3 bedroom home offers an easy living lifestyle with modern kitchen with gas cooking that adjoins open plan dining which flows out to the alfresco deck. Entertainers are well catered for here. After a delightful afternoon of dining on the deck, come inside and enjoy relaxing in the extra large bath or kick back in the air conditioned lounge room. Fenced level yard and ample storage including a large shed, make this an ideal family home.

The shop at the rear of the property has it's own kitchenette, toilet, and garage. Both house & shop are currently rented with combined return of $1000 pw.

This is a unique residential property that can offer the astute buyer a hybrid flexibility to meet home, work and investment needs in multiple ways, including:

* Using the exiting house and small office/shop separately;
* As a renovated large house, that connects and combines the existing house with the shop, to create a variety of rooms and multi purpose family spaces focused around a landscaped courtyard (subject to Council Approval)
* SOHO - Keep the house as is, add a garden room connecting to the shop, which can operate as a small home office, with the benefit of a separate front door for a family run business (subject to Council Approval)
* Convert the house and shop to a more commercial enterprise, such as professional services (subject to Council Approval)
* Land size: 420sqm
* Council Rates: $3735.00 pa approx Water Rates: $1095 pa approx plus water
* Expressions of Interest - Closing date 30th Oct 2023

* Villager Property make no representations to the accuracy of the information provided by our vendors. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for marketing purposes.

Property History for 1 Thalaba Rd, New Lambton, NSW 2305

A timeline of how this property has performed in the market
Last Sold
$1,080,000
06 Nov 2023
Listed for Rent
$670/w
31 May 2023
  • 06 Nov 2023
    Sold for $1,080,000
  • 18 Sep 2023
    Listed for Sale Contract Agent
  • 18 May 2023
    Listed for Rent $670 / week
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About New Lambton 2305

The size of New Lambton is approximately 5.5 square kilometres. There are 29 parks, covering nearly 38.8% of the total area. The population of New Lambton in 2016 was 10048 people. By 2021 the population was 10651 showing a population growth of 6.0% in the area during that time. The predominant age group in New Lambton is 40-49 years. Households in New Lambton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in New Lambton work in a professional occupation.In 2021, 67.70% of the homes in New Lambton were owner-occupied compared with 68.10% in 2016.

New Lambton has 5,252 properties. Over the last 5 years, Houses in New Lambton have seen a 47.23% increase in median value, while Units have seen a 48.53% increase. As at 31 May 2026:

  • The median value for Houses in New Lambton is $1,298,263 while the median value for Units is $760,174.
  • Houses have a median rent of $755 while Units have a median rent of $580.
There are currently 33 properties listed for sale, and 7 properties listed for rent in New lambton on OnTheHouse. According to Cotality's data, 216 properties were sold in the past 12 months in New lambton.

Suburb Insights for New Lambton 2305

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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.