2 Bunn StreetNorth Lambton NSW 2299
Property Details for 2 Bunn St, North Lambton
2 Bunn St, North Lambton is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 348m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Last Listing description (April 2023)
OPEN HOUSE CANCELLED
It is not often a property like this comes onto the market. This property provides a unique opportunity for investors, or a family, to purchase a rare home with considerable options. Triple street/lane frontage and located close to Newcastle University, the shopping convenience of Stockland Jesmond, John Hunter and Mater Hospitals, and Lambton Park and shopping village.
The property is currently divided into two x two bedroom units currently returning $670 per week in rent (total), but can easily be converted back to a home. There is also a huge freestanding garage/shed with three quarter mezzanine, remote roller doors, and extra height for caravan or motorhome. Rent out the shed for a third income.
Unit 1 consists of two large bedrooms with built in wardrobes, kitchen, lounge, bathroom, and off street parking.
Unit 2 consists of two bedrooms or one bedroom and a separate living area, kitchen, dining area, bathroom, shed and laundry, covered deck, courtyard and off street parking.
Close to several well-regarded schools including Lambton Public School (3 mins) and Lambton High School (4 mins), University Callaghan Campus (5 mins), John Hunter and Mater Hospitals (6 mins), major shopping centres and nearby cafes, Lambton Park and village shops, while being an easy drive from Newcastle's CBD, the Hunter Expressway and Pacific Motorway.
342msq block.
Rent - Unit 1 $350 per week, Unit 2 $330 per week.
Shed potential rent - $250 per week.
This is a fantastic opportunity to purchase a rare property with so many options in one of our regions popular suburbs.
A contract for sale is available for your information.
Property History for 2 Bunn St, North Lambton, NSW 2299
- 03 Apr 2023Listed for Sale Guide $730,000 to $760,000
- 24 Feb 2023Sold for $735,000
- 06 Dec 2022Listed for Sale Guide $730,000 to $760,000
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0About North Lambton 2299
The size of North Lambton is approximately 1.3 square kilometres. There are 12 parks, covering nearly 11.6% of the total area. The population of North Lambton in 2016 was 3306 people. By 2021 the population was 3454 showing a population growth of 4.5% in the area during that time. The predominant age group in North Lambton is 20-29 years. Households in North Lambton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Lambton work in a professional occupation.In 2021, 59.60% of the homes in North Lambton were owner-occupied compared with 59.50% in 2016.
North Lambton has 1,615 properties. Over the last 5 years, Houses in North Lambton have seen a 38.39% increase in median value, while Units have seen a 50.22% increase. As at 30 June 2026:
- The median value for Houses in North Lambton is $973,514 while the median value for Units is $704,688.
- Houses have a median rent of $700 while Units have a median rent of $520.
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