2 High St, New Lambton is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 537.5m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 3 bedroom House sold in New Lambton in the last 12 months.
Positioned on the corner of prized Queens Road, this versatile property opens the door to a whole range of possibilities. Currently configured as a two-bedroom unit and separate one-bedroom unit, it offers an immediate income stream for investors while leaving plenty of room to add value over time.
Retain the current setup and continue collecting rent, renovate to maximise returns, or reimagine the site entirely on the generous 537.5sqm corner parcel. With its wide frontage and sought-after address, there's also exciting scope for a contemporary new build or duplex development (STCA).
Families will also see the appeal in returning the layout to a traditional three-bedroom, two-bathroom home, with flexible living zones and separate access creating options for extended family, teenagers or work-from-home space. High ceilings, oversized rooms and the classic bones of the original home provide a solid foundation to update and personalise over time.
The lifestyle factor here is equally compelling. Novocastrian Park is just 350m away for morning walks or kicking the footy around, while Alder Park is close by for weekend sport and the kids' playground. Blackbutt Village is an easy stroll for coffee and pastries from Euro Patisserie or an easy pub meal at the Blackbutt Hotel. Westfield Kotara sits just 2km away for shopping and rooftop dining, while John Hunter Hospital can be reached in around six minutes.
-Generous 537.5m2 corner block with development potential
-Two separate single garages
-Current rental return - 1 bed $335 per week. 2 bed $450 per week
-Stroll to IGA, Blackbutt shops, moments to McDonald Jones Stadium, Blackbutt Reserve
-New Lambton Sth Public – 1.2km, St Therese's Primary – 1.3km, Trinity Catholic College – 2.2km, HSPA – 2.3km, Kotara High – 2.8km
-UoN – 6.2km, Merewether Beach – 6.1km, Newcastle Interchange – 7km
* This information, including but not limited to photographs (which may show boundaries), copywriting, floorplans, and site plans, has been prepared solely for the purpose of marketing this property. While all care has been taken to ensure accuracy, we do not accept any responsibility for errors, omissions, or inaccuracies. We strongly recommend that all interested parties make their own enquiries and seek independent advice, including speaking with their conveyancer regarding boundaries and, where appropriate, obtaining a surveyor's report, to verify the information provided.
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 5,256 properties. Over the last 5 years, Houses in New Lambton have seen a 39.04% increase in median value, while Units have seen a 47.94% increase. As at 30 June 2026:
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