2/40 Errington Avenue, New Lambton, NSW 2305 | Property Value & History | OnTheHouse
OFF MARKET

2/40 Errington Avenue
New Lambton NSW 2305

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 115m2
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Last updated 21 Sep 2026
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Property Details for 2/40 Errington Ave, New Lambton

2/40 Errington Ave, New Lambton is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1990. The property has a floor size of 115m2.

Building Type
House
Year Built
1990
Floor Size
115m2
Local Government
Newcastle

Last Listing description (April 2019)

Welcome to a great postcode! If 2305 is beckoning, albeit an owner occupier or investor, you would be wise to not go past this single level duplex style villa set in one of New Lambton's most popular streets. Whilst more than comfortable as is, this property represents an opportunity to create a masterpiece from what some may consider a blank canvass. For the investor, an existing return of $410 per week is sure to encourage you forward. Ideal for those downsizing, empty-nesters and retirees, particularly those with family nearby. Low maintenance throughout the interior and exterior, this property may also suit those requiring disabled access. Superbly placed to walk the children to school, and with transport very close by, your vehicle could become obsolete.
- Cosy lounge area, leading to expansive hallway, 3 bedrooms all with built ins
- Main bedroom offers rear yard access and easily accommodates a king-sized bed

- Practical kitchen with gas stove, range hood and dishwasher
- Neat and tidy bathroom with separate w.c. and internal laundry adjacent
- Ducted air conditioning throughout, a must for the Aussie summer
- Fully fenced front and rear yard, ideal for the safety of children and pets, provides a lovely area to maintain a garden for those with a green thumb
- Situated within a short walk to the popular New Lambton South Public School, it's ever popular OOSH facilities, and ideal for buyers with children intending to attend the GATS class situated at the school
- Internal access from automatic single garage
- Strata levies are approximately $1900 per year (only 2 lots in the strata plan)
- Council rates are approximately $1480 per year
- Water Rates are approximately $590 per year
- Current rental return of $410 per week on an expired lease
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 2/40 Errington Ave, New Lambton, NSW 2305

A timeline of how this property has performed in the market
  • 21 Feb 2019
    Listed for Sale $460,000
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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 5,259 properties. Over the last 5 years, Houses in New Lambton have seen a 32.92% increase in median value, while Units have seen a 44.15% increase. As at 31 August 2026:

  • The median value for Houses in New Lambton is $1,236,108 while the median value for Units is $774,044.
  • Houses have a median rent of $760 while Units have a median rent of $600.
There are currently 35 properties listed for sale, and 10 properties listed for rent in New lambton on OnTheHouse. According to Cotality's data, 210 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.