North Lambton at a glance
3,530
People
$1,055,000
Median sale
$541/wk
Median rent
2.67%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
NSW › North Lambton › Fourth St
$730,000
Last sold
19 Jan 2022
2
Bedrooms
1
Bathrooms
2
Car spaces
727.2 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$730,000
19 Jan 2022 · derived via latest_sale
Local land rate: recorded House sales in North Lambton (last 5 years) with land size have a median of $1,749/m² of land (n=141). Districts calculation from recorded sales — not a valuation.
North Lambton at a glance
3,530
People
$1,055,000
Median sale
$541/wk
Median rent
2.67%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
Vs North Lambton
-30.8%
Median sale
Suburb $1,055,000
+1.18 pp
Gross yield
Suburb 2.67%
Suburb median $1,055,000 from 35 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $541/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
North Lambton at a glance
3,530
People
$1,055,000
Median sale
$541/wk
Median rent
2.67%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Presence Real EstateThis property presents a brilliant opportunity to get in at the bottom of an incredibly hot market and either flip this home for profit, or renovate and create the perfect family home. At the top of a quiet cul-de-sac with views to Mount Sugarloaf, this property just needs a little love and imagination. It is the perfect buy for someone handy on the tools who is willing to renovate and extend this little beauty and unlock its true potential.
This sweet home is currently a 2-bedroom property but there is potential to extend and even completely change up the floor plan to make this a 3 or 4 bedroom home with ensuite. The large block could even allow for a fabulous outdoor entertaining area and pool (subject to council approval) The only limit is your imagination!
This property is situated in a great location – just minutes from the University of Newcastle and both John Hunter and Calvary Hospitals. It is a straight shot along Newcastle Road to the city's gorgeous beaches - about 15 minutes away – and about the same distance to the heart of the city with its theaters, galleries and vibrant restaurant scene! The home currently has a one-car carport but there is also plenty of room in the driveway for the caravan or to park the ute while you complete the reno on this great little house. It is just waiting for your inspiration, ideas and style to make it a fabulous family home in this popular suburb.
- Beautiful views across the city to Mt Sugarloaf
- Currently 2 bedroom but so much potential to renovate and extend
- Large 730sqm block
- Last house on elevated block in a quiet cul-du-sac
- Free standing workshop in the backyard and large front yard
- Literally 1 minute to Newcastle Road which will take you straight to the beach or the city
- 5 minutes to Waratah Village supermarket and specialty shops
- 12 minutes to Westfield Kotara retail and roof top dining
- Lambton Public, Callaghan College and St Phillip's Christian College – are all within a 5 minute drive – and all highly esteemed schools
- 3 quick turns and you are on the Pacific Highway - on the road to Sydney or heading north
Outgoings:
Council Rates - $1,968.68 approx. per annum
Water Rates - $803.76 approx. per annum
***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.
Disclaimer:
All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.
Listing description written by Matt Thompson, Presence Real Estate — reproduced as published, not verified by Districts.