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 › Percy St
$700,000
Last sold
22 Feb 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
467.9 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
$700,000
22 Feb 2023 · 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
-33.6%
Median sale
Suburb $1,055,000
+1.35 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 sweet 3 bedroom home perched on a quiet corner block on the hill at North Lambton offers so many opportunities. It is a brilliant foot-in-the-door of the Newcastle property market for first home buyers with a budget and a vision. It is a neat and tidy home in a family-friendly suburb for your tribe. Move in now and consider your renovation and extension options. And it is a clever buy for the astute investor situated, as it is, less than 2 kilometres from the University of Newcastle and an easy downhill stroll to the Lambton shops, park and pool precinct.
This property boasts new carpets and paint, a modern kitchen and lots of lovely heritage features including multistep cornices, timber floors and a funky original bathroom and toilet! If a reno is just too hard there is always the potential to knock down the current dwelling and rebuild the home of your dreams from scratch in this increasingly popular suburb – on the hillside section of the 'Lambtons'.
Wander down the hill and within 15 minutes you could be picking up some prime local grass fed steaks from your local butcher or a hand crafted sourdough loaf from one of the bakeries lining Elder St. Grab a coffee from one of the cute cafes and take the kids and the dogs to the park or head to the always-popular Lambton Pool for a few laps or to spend a day in the sun making memories on the waterslides. Come the weekend it is an easy stroll home from catching live music and enjoying a drink at the iconic Lizotte's or just a schnitzel and a beer with friends at the Lambton Park Hotel.
- 3 bedroom home with lots of potential for first home owners, investors or your family
- Location, location, location – an easy stroll to Elder St retail and dining hub and Lambton pub, park and pool
- 3 bedrooms with built in closets and light and fan combos
- New grey carpets throughout and freshly painted interior – ready for you or your tenants
- Modern kitchen and quirky original bathroom and toilet with pedestal vanity
- New shed with covered outdoor area, off-road parking for 2 cars and plenty of on street parking
- Covered outdoor entertaining area
- Less than 10 minutes to Beaumont St and 15 minutes to the CBD
- 3km to McDonald Jones Stadium, 5.6km to Newcastle TAFE, 6.4km to Westfield Kotara
- 1.7km to University of Newcastle, 3.3km to Calvary Mater Hospital and 3.4km to John Hunter Hospital
Outgoings:
Water Rates: $817.11 approx. per annum
Council Rates: $2,025.88 approx. per annum
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 Diana Apostolovski, Presence Real Estate — reproduced as published, not verified by Districts.