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NSW › North Lambton › Lester Pde

19 Lester Pde, North Lambton NSW 2299

House

$1,040,000

Last sold

18 Feb 2025

4

Bedrooms

2

Bathrooms

4

Car spaces

767 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,040,000 (18 Feb 2025).(Recorded sale)
  • FactLand 767 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in North Lambton (last 5 years) with land size: median $1,749/m² of land (n=141). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Public Recreation (RE1) under the Newcastle Local Environmental Plan 2012.(NSW ePlanning Spatial Viewer · 31 Aug 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

No verification items generated for this record.

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

What this lot has actually traded at

Last sold

$1,040,000

18 Feb 2025 · 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.

See the full North Lambton report →

Vs North Lambton

-1.4%

Median sale

Suburb $1,055,000

+0.04 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 and development

Planning scheme

Newcastle Local Environmental Plan 2012

Zone

Public Recreation

RE1

Jurisdiction

Newcastle

Newcastle, NSW

Planning overlays

  • heightDetected
  • heritageNot detected

Planning constraints

  • 98.5

Development activity

Data unavailable

Source

  • Provider: NSW ePlanning Spatial Viewer
  • Dataset: Planning Portal Principal Planning — Land Zoning Map
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 104292286

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not detected — official

The official layer was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

  1. Sold$1,040,00018 Feb 2025
  2. Listedprice unknowncompleted13 Jan 2025
  3. Listedprice unknowncompleted13 Jan 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned Public Recreation · RE1 (Newcastle Local Environmental Plan 2012). Official parcel area about 769 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned Public Recreation · RE1 (Newcastle Local Environmental Plan 2012). Official parcel area about 769 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    Official parcel about 769 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

North Lambton in one glance

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.

See the full North Lambton report →

Keep researching

  • Why North Lambton? Read the area thesis →
  • What else is on the market in North Lambton →
  • Other records on Lester Pde →

Listing material

Listed by Dowling Real Estate Lake Macquarie

Stunning Four-Bedroom Family Home Near Newcastle University!

Discover your dream home in this impressive four-bedroom residence situated on a 767m² of land and perfectly located close to Newcastle University, John Hunter Hospital, highly regarded primary and secondary schools, vibrant shopping options, and beautiful parks. There is multiple living spaces designed for comfort and functionality, ideal for family gatherings or entertaining friends. The well-appointed kitchen is equipped with modern appliances, ample storage and a layout that makes cooking a pleasure. The huge rumpus room provides perfect space for leisure activities, children's play, or a home theatre, alternatively convert this space into a self-contained granny flat. With a lock up garage and spacious carport there will be no problem storing the boat or van. Dive into relaxation with a stunning pool, perfect for those hot summer days or weekend get-togethers.

Built to last this home offers durability and peace of mind. This solid home is not just a place to live, it's a lifestyle choice that offers comfort, convenience, and a wonderful community.

Other features include:

Read the full description

Ducted Air-conditioning throughout

Solar panels with a brand-new battery

Alfresco area looking over inground pool

Don’t miss this rare opportunity! Contact us today to schedule a viewing and make this beautiful property your new home!

Listing description written by Steve Dorman, Dowling Real Estate Lake Macquarie — reproduced as published, not verified by Districts.

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.