42 Lambton Road, Waratah, NSW 2298 | Property Value & History | OnTheHouse
OFF MARKET

42 Lambton Road
Waratah NSW 2298

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
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Property Details for 42 Lambton Rd, Waratah

42 Lambton Rd, Waratah is a 1 bedroom, 1 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Local Government
Newcastle
Lot/Plan
2/DP20485

Last Listing description (August 2021)

Great Investment Opportunity

A great opportunity presents itself for the astute investor or business owner to purchase this unique and wonderful property located on a prime corner position in this sought after suburb of Waratah. Deceiving from the front this property is surprisingly large and spacious throughout that must be seen.

This unique property lends itself to many options whether it be benefit from multiple income stream or occupy the entire property. Stylishly updated throughout whilst preserving many of its original features this wonderful property is good and ready to be occupied as all the hard work has been done.

The property consists of a 4 bedroom home, 2 bathrooms, airconditioned open plan kitchen, dining and living, separate studio/home office equipped with kitchen and bathroom. the multiple outdoor living area's adds huge appeal. The polished floorboards and neutral color pallet in the open living space compliments the home with comfort and an abundance of natural lighting.

The hairdressing salon is ready to be occupied and includes fixtures such as basin, chairs, storage, front desk with street frontage exposure.

Highlights;
Home:
* 4 generous size bedrooms, 3x built-in robes and ceiling fans
* Air conditioned open plan living/ dining and renovated kitchen
* 2 bathrooms all with toilets and additional 4th toilet ( for Salon use only)
* Studio/home office equipped with new bathroom and kitchen
* High decorative ceilings, polished timber flooring, freshly painted throughout
* Secure and private yard, multiple living areas and lock up garage
* Fully fenced and secure yard child and pet friendly yard.
Salon:
Is equipped and ready to be occupied for the new owner to move in and start business in a prime corner location with street frontage access . lots of on street parking and bus stop at the door step.
* Conveniently located to Mater Calvary Hospital, Waratah Shopping Village, Newcastle University, quality public and private school.
* Bus stop right at your doorstep
* 10 Minute walk to Waratah Train Station and Waratah Shopping Village
* 15 Minute drive to Newcastle CBD and beaches

Outgoing Per Quarter;
Council Rates: $671.34 approx. per quarter
Water Rates (without usage): $267.52 approx. per quarter

Rental Potential;
House: $590 to $620 approx. per week
Studio: $260 to $280 approx. per week
Salon: $300 approx. per week

Contact Maria Di Claudio for more information on 0413 690 105 or 4958 8177 or via email at maria@dowlingpropertygroup.com.au

Property History for 42 Lambton Rd, Waratah, NSW 2298

A timeline of how this property has performed in the market
Last Sold
$1,081,500
01 Oct 2021
  • 07 Jul 2021
    Listed for Sale Price Guide $995,000 - $1,090,000
  • 03 Feb 2016
    Listed for Rent $460 PER WEEK
  • 23 Nov 2013
    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 2,448 properties. Over the last 5 years, Houses in Waratah have seen a 67.53% increase in median value, while Units have seen a 49.88% increase. As at 31 December 2025:

  • The median value for Houses in Waratah is $1,012,919 while the median value for Units is $700,415.
  • Houses have a median rent of $650 while Units have a median rent of $530.
There are currently 5 properties listed for sale, and 6 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.