91 Russell RoadNew Lambton NSW 2305
Property Details for 91 Russell Rd, New Lambton
91 Russell Rd, New Lambton is a 16 bedroom, 8 bathroom House. The property has a land size of 961m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in September 2024.
Last Listing description (October 2024)
Sitting in the heart of lovely New Lambton, this unique property is a stone's throw from great cafes, restaurants, butcher shops, bakeries, an IGA supermarket, and much more. For sale for the first time since this block was built, it's truly one of the finest pieces of New Lambton real estate to hit the market in years. Set on an expansive 963sqm block with approximately 20-metre frontage and dual access, this property is an exceptional investment with scope to increase that return on investment.
- Viewings by appointment; please contact Todd Mason
- One title consisting of eight 2-bedroom units, all currently tenanted with longstanding tenants
- Four units on ground level and four on Level 1; car parking via lane access
- Further development opportunity with vacant land at rear (subject to council approval)
- Individual floorplans available on request; zoned low density residential (R2)
- Pest and building reports readily available
- New windows throughout complex
- Opportunity to add value and increase current return
- Opportunity to strata title individual units (subject to council approval)
Property History for 91 Russell Rd, New Lambton, NSW 2305
- 21 Sep 2024Listed for Sale Sold $3,200,000
- 21 Sep 2024Sold for $3,200,000
- 04 Jan 2024Sold
Recent sales nearby
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0About 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 5,260 properties. Over the last 5 years, Houses in New Lambton have seen a 36.40% increase in median value, while Units have seen a 45.56% increase. As at 31 July 2026:
- The median value for Houses in New Lambton is $1,270,036 while the median value for Units is $760,585.
- Houses have a median rent of $760 while Units have a median rent of $600.
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