4/50 Lambton Road, Waratah, NSW 2298 | Property Value & History | OnTheHouse
OFF MARKET

4/50 Lambton Road
Waratah NSW 2298

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 63m2
Land area: 500m2
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Property Details for 4/50 Lambton Rd, Waratah

4/50 Lambton Rd, Waratah is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1958. The property has a land size of 500m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in March 2024.

Building Type
Unit
Year Built
1958
Floor Size
63m2
Land Size
500m2
Local Government
Newcastle
Lot/Plan
4/SP41873

Last Listing description (March 2024)

This property is truly remarkable, presenting an excellent opportunity for both first-time homebuyers and savvy investors alike. Currently occupied by a long-term tenant eager to continue the lease, the unit boasts brand new aluminium windows that not only enhance the perception of spaciousness but also invite ample natural light into the space.
Inside, you'll find a maintained kitchen and bathroom, showcasing a high level of neatness and order. The two generously sized bedrooms include a master bedroom with a convenient built-in robe. Front-of-unit off-street parking adds to the property's appeal.
Positioned perfectly for university students, the property benefits from immediate access to public transport right at the doorstep. Its proximity to schools, shops, public transport, universities, and hospitals makes it an ideal location for diverse needs.

Key features:
- Established tenancy spanning over 13 years
- Two spacious bedrooms, master with built-in robe
- Recently installed aluminum windows
- Well-maintained kitchen and bathroom
- Convenient walking distance to shops, public transport, and hospitals

Make your purchase with confidence, as a pre-purchase building and pest report is available upon request.

Property History for 4/50 Lambton Rd, Waratah, NSW 2298

A timeline of how this property has performed in the market
Last Sold
$405,000
07 Mar 2024
Listed for Rent
$225/w
03 Feb 2011
  • 07 Mar 2024
    Sold for $405,000
  • 15 Jan 2024
    Listed for Sale Price Guide: $390,000 - $420,000
  • 15 Jan 2011
    Listed for Rent - Price not available
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About Waratah 2298

The size of Waratah is approximately 1.9 square kilometres. It has 5 parks covering nearly 10.1% of total area. The population of Waratah in 2016 was 4491 people. By 2021 the population was 4927 showing a population growth of 9.7% in the area during that time. The predominant age group in Waratah is 20-29 years. Households in Waratah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Waratah work in a professional occupation.In 2021, 49.40% of the homes in Waratah were owner-occupied compared with 48.80% in 2016.

Waratah has 2,447 properties. Over the last 5 years, Houses in Waratah have seen a 52.17% increase in median value, while Units have seen a 38.48% increase. As at 31 March 2026:

  • The median value for Houses in Waratah is $1,023,168 while the median value for Units is $689,700.
  • Houses have a median rent of $685 while Units have a median rent of $550.
There are currently 3 properties listed for sale, and 10 properties listed for rent in Waratah on OnTheHouse. According to Cotality's data, 78 properties were sold in the past 12 months in Waratah.

Suburb Insights for Waratah 2298

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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.