308 Newcastle RoadNorth Lambton NSW 2299
Property Details for 308 Newcastle Rd, North Lambton
308 Newcastle Rd, North Lambton is a 3 bedroom, 3 bathroom House and was built in 1910. The property has a land size of 592m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (November 2021)
Looking for a property dead smack in the middle of everything?
Leased until March 2022, this property presents multiple options for the new owner; move in and make it your own, continue with the current excellent tenants beyond March next year or rent the property by room to really boost your return.
Located only 6km to the heart of Newcastle, close to public transport and a few minutes to the University and John Hunter Hospital. This prime main road position provides good on-street parking, easy access to Lambton's village Town Centre or major shopping at Jesmond's Stockland Mall.
This is a great property to get into the market or to add it your portfolio - it's sure to always be popular with Uni students or hospital workers or even City workers without cars needing ready access to public transport. If you're looking to be self sufficient the huge backyard with natural spring water and fertile soil would make an ideal market garden!
This property has 4 bedrooms, two downstairs and two upstairs. The two upstairs rooms have en-suites and there is another bathroom downstairs. Other features include a neat and tidy functional kitchen, a central living room plus an outdoor under cover living area. This property also has massive backyard complete with pergola for those Summer-time barbeques and parties.
Property Features include:
- Four beds, two with en-suites
- Modern well presented kitchen
- Neat & tidy functional main bathroom
- Central Living area
- Undercover entertaining area
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Leased to excellent tenants until March 2022 (at $430pw)
- Rental Potential of $720 -$740 (if rented by room)
- Close to Uni, Hospital, CBD
- Transport at door
- Large 598 sqm block
This property is available to view by appointment only. For more information contact Paul Hartgers on 0425 392 985.
* Health & Safety Measures are in Place for Open Homes & All Private Inspections
* All inspection attendees will have to answer a health and safety survey to qualify for the inspection of the property
Property History for 308 Newcastle Rd, North Lambton, NSW 2299
- 21 Oct 2021Sold for $620,000
- 22 Sep 2021Listed for Sale Price Guide: $600,000 - $650,000
- 10 Aug 2020Listed for Rent $430 / week
Recent sales nearby
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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 1,616 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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