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
$1,015,000
Last sold
28 May 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
442.6 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
$1,015,000
28 May 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.
Vs North Lambton
-3.8%
Median sale
Suburb $1,055,000
+0.10 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 charming home is positioned in a quiet, family-friendly pocket of North Lambton. Offering charm and appeal from the moment you arrive, this three-bedroom, weatherboard home offers quality comfort, while providing additional space for growing families benefitting from a fully self-contained granny flat. The perfect space for a teenage retreat, or those who may want to lease separately to generate an extra income.
As you approach and pass the white electric gate, you'll enter via the side entrance and be greeted by an inviting living and dining room with polished timber floorboards underfoot. Adjacent to the living area are two bedrooms positioned at the front of the home. Both feature built-in mirrored robes, and one features a lovely built-in study nook; perfect for the kids to do their homework. The modern bathroom features a shower and stylish vanity being positioned to the right of the entry, along with the third bedroom.
Make your way through the living area to the inviting contemporary style kitchen featuring gas cooking, a dishwasher, stone bench tops and a large breakfast bar area. A built-in panty cupboard is positioned next to the large Iaundry with stylish splash back, overhead storage cupboards and additional WC.
As you step outside, car enthusiasts will be drawn to the expansive over-sized garage accompanied by a fully, self-contained granny flat. Complete with air-conditioning, the studio-style flat features an open plan bedroom and living area, modern kitchenette with electric cooktop and bathroom with shower and WC. Head back outside to see a good-sized grassed area for the kids and pets to comfortably play, and a built in BBQ area – ideal for entertaining in the undercover pergola.
The wide driveway leads all the way to the backyard, allowing for additional off-street parking with ample room to store your cars, trailers or simply a space to utilise as a workshop or to cater for your storage needs.
You'll have all the modern extras including downlights and ducted air-conditioning throughout the home plus security intercom at the front gate.
Situated on a 443sqm block, the prime North Lambton position provides you within commute to the Newcastle University, both the John Hunter and Mater Hospitals, Lambton Park, quality schools and 8.6km from the city of Newcastle.
- Contemporary kitchen complete with white cabinetry, stone benches, gas cooking, dishwasher and built-in wine storage above the fridge
- Inviting and comfortable lounge and dining area
- Three sizeable bedrooms – all with mirrored built in mirrored robes and plantation shutters
- Second bedroom features built-in study nook
- Ducted air-conditioning throughout
- Fully, self-contained granny flat with modern kitchenette and bathroom
- 5m wide x 3.3m heigh oversized double garage with high ceilings and ample room for a separate workshop, loft storage area, cars and trailers
- Currently returning $850 per week
- Potentially generate extra income by leasing the granny flat
Outgoings:
Water rates: $908.22 approx per annum
Council rates: $3,842.28 approx per annum
Disclaimer:
All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.
Listing description written by Ryan Nichols, Presence Real Estate — reproduced as published, not verified by Districts.