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NSW › North Lambton › First Ave

25 First Ave, North Lambton NSW 2299

House

$806,000

Last sold

2 Aug 2024

3

Bedrooms

1

Bathrooms

1

Car spaces

373 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 $806,000 (2 Aug 2024).(Recorded sale)
  • FactLand 373 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?

No upside evidence detected in the data Districts holds for this lot.

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?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

$806,000

2 Aug 2024 · 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

-23.6%

Median sale

Suburb $1,055,000

+0.82 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 data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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 retrieved

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

Records

Property history

  1. Sold$806,0002 Aug 2024
  2. Listedprice unknowncompleted9 July 2024

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?

Planning 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.

What could kill that thesis?

Confidence: low

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

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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 First Ave →

Listing material

Listed by LaneCampos

The Elegantly Updated Home

Wonderfully close to everything, yet quietly tucked away for a serene lifestyle full of bird song, this classic home combines elegantly updated interiors in a boutique street setting. The home is brimming with comfortable charm, natural light, perfectly oriented to catch the summer breezes and is surrounded by lush green vistas. This one has that something special.

Capturing the very essence of low maintenance style, and in a highly coveted location, this property is an ideal approach to beginning or downsizing in a brilliant urban village, with many suburb attractions within an arm's reach.

Highlights:

Read the full description

-- Three bedrooms - all with ceiling fans

-- One bedroom with direct access, through sliding glass doors to the deck and garden

-- Beautifully updated with polished timber floorboards, new carpet in bedrooms, freshly painted interior

-- Modern, open plan kitchen with stone benches and quality appliances

-- Living and dining flowing through sliding doors to the deck

-- Split system air conditioning

-- Solar hot water

-- Loads of under house storage with roller door for ease of access

-- Beautifully landscaped rear garden with many entertaining options and space for all the family

-- Comfortable deck overlooking the trees and suburb

Here and there:

-- School catchment: Jesmond Public School - 11min walk (750m), Callaghan College Waratah Campus - 7min drive (3.4km)

-- North Lambton dog off-leash park - 5min walk (350m)

-- Jesmond cycle way - 4min ride (700m)

-- Lambton cafè and retail hub - 19min walk (1.3km)

-- Lambton Park - 21min walk (1.4km)

-- University of Newcastle - 25min walk (1.6km)

-- McDonald Jones Stadium - 7min drive (3.1km)

-- John Hunter Hospital - 8min drive (2.9km) or 30min walk via Jesmond Park

-- Newcastle CBD & beaches - 18min drive 8.5km

-- Approx. weekly rental return: in the vicinity of $630

-- Approx. council rates per quarter: $490

-- Approx. water rates per third: $300 (not incl. usage)

For more information, please contact Dave or Damian on 4967 6770.

Disclaimer:

All information contained herein has been gathered from sources we consider reliable. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate.

Listing description written by Dave Lane, LaneCampos — reproduced as published, not verified by Districts.

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.