306 Newcastle Road, North Lambton, NSW 2299 | Property Value & History | OnTheHouse
OFF MARKET

306 Newcastle Road
North Lambton NSW 2299

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 136m2
Land area: 899m2
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Property Details for 306 Newcastle Rd, North Lambton

306 Newcastle Rd, North Lambton is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1930. The property has a land size of 899m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in March 2025.

Building Type
House
Year Built
1930
Floor Size
136m2
Land Size
899m2
Local Government
Newcastle
Lot/Plan
5/DP246033

Last Listing description (March 2025)

Take advantage of a remarkable opportunity to invest in a spacious 899m block in the heart of North Lambton, offering significant development potential! This versatile site presents endless possibilities for developers, investors, and those looking to create something special in a prime location.

Key Features:
Development Opportunities: With its generous land size and location, this property offers exciting potential for future development, making it an ideal choice for savvy buyers looking to maximize their investment.

Current Home: The three-bedroom residence includes two separate living areas, kitchen with granite benchtops, and ducted air conditioning. While the home requires some upkeep and minor repairs, it offers a solid foundation and can help offset holding costs as you plan your next move.
Family-Friendly Location: Perfect for professionals working at nearby Newcastle University, Calvary Mater, and John Hunter Hospitals, this location offers easy access to essential services and amenities.
Community Amenities: Enjoy a vibrant neighbourhood with top schools, shops, and parklands, making this a fantastic spot for families and residents alike.
Investment Appeal: The high demand for quality homes and potential townhouses in this area makes it a sought-after investment in an ever-growing market.

Property Highlights:
Modern kitchen with ample storage and gas cooktops
Three bedrooms, two with built-in robes
Bright, open-plan living area with plantation shutters throughout
Large backyard and single lock-up garage
Solar panels for energy efficiency
Off-street parking for two cars plus additional driveway space
Convenient access to local shops, schools, and hospitals

This property offers a rare chance to capitalize on a highly sought-after location with significant potential for future development. Whether you're looking to invest, develop, or settle in a thriving community, this opportunity should not be missed.

Disclaimer:
All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy, and interested persons should rely on their own inquiries. Images and furnishing are for illustrative purposes only and do not represent the final product or finishes. For inclusions refer to the inclusions in the contract of sale. Areas are approximate. All parties are advised to seek full independent legal and professional advice and investigations prior to any action or decision.

Property History for 306 Newcastle Rd, North Lambton, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$800,000
25 Mar 2025
  • 25 Mar 2025
    Sold for $800,000
  • 09 Aug 2024
    Listed for Sale Contact Agent
  • 04 Aug 2023
    Listed for Sale Contact Agent
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About 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 35.28% increase in median value, while Units have seen a 45.60% increase. As at 31 July 2026:

  • The median value for Houses in North Lambton is $959,669 while the median value for Units is $695,606.
  • Houses have a median rent of $700 while Units have a median rent of $500.
There are currently 7 properties listed for sale, and 4 properties listed for rent in North lambton on OnTheHouse. According to Cotality's data, 71 properties were sold in the past 12 months in North lambton.

Suburb Insights for North Lambton 2299

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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.