Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

NSW › New Lambton › Fleet St

40 Fleet St, New Lambton NSW 2305

House

$1,166,000

Last sold

9 Aug 2025

3

Bedrooms

1

Bathrooms

1

Car spaces

404 m²

Land

114 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $1,166,000 (9 Aug 2025).(Recorded sale)
  • CalculationRecorded House sales in New Lambton (last 5 years) with land size: median $2,703/m² of land (n=105). 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

$1,166,000

9 Aug 2025 · derived via latest_sale

Local land rate: recorded House sales in New Lambton (last 5 years) with land size have a median of $2,703/m² of land (n=105). Districts calculation from recorded sales — not a valuation.

New Lambton at a glance

10,909

People

$1,400,000

Median sale

$701/wk

Median rent

2.60%

Suburb gross yield

Median sale from 59 recorded sales (last 12 months) — a Districts calculation.

See the full New Lambton report →

Vs New Lambton

-16.7%

Median sale

Suburb $1,400,000

+0.53 pp

Gross yield

Suburb 2.60%

Suburb median $1,400,000 from 59 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. Soldprice unknown4 July 2026
  2. Listedprice unknowncompleted28 May 2026
  3. Sold$1,166,0009 Aug 2025
  4. Listedprice unknowncompleted17 July 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?

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 $701/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

New Lambton in one glance

New Lambton at a glance

10,909

People

$1,400,000

Median sale

$701/wk

Median rent

2.60%

Suburb gross yield

Median sale from 59 recorded sales (last 12 months) — a Districts calculation.

See the full New Lambton report →

Keep researching

  • Why New Lambton? Read the area thesis →
  • What else is on the market in New Lambton →
  • Other records on Fleet St →

Listing material

Listed by Presence Real Estate

Exciting potential on wide fronted block, stroll to village heart

Classic character, a blue-ribbon address and exciting future potential come together in this three-bedroom home, positioned footsteps from Regent Park and just 550m from New Lambton's cafés, shops and everyday convenience. Families will also love the easy 650m walk to sought-after New Lambton Public School, while John Hunter Hospital, Westfield Kotara and Newcastle CBD all sit just minutes away.

Set on a north-facing 404.7sqm block with an approximate 20.32m frontage and R2 zoning, the opportunities here are hard to ignore. Whether you're dreaming of a contemporary renovation, upper-level extension, brand-new forever home or duplex/dual occupancy development like the block next door (STCA), the dimensions and location create the perfect foundation.

Behind the classic façade, the existing home is comfortable and immediately functional, showcasing beautiful high ornate ceilings, a timber kitchen, updated bathroom, split-system air-conditioning and adjoining lounge and dining spaces. A 13.1m-long shed, freestanding garage and wide side access add further practicality for tradies, storage or future plans.

Read the full description

Whether you're a builder, developer or buyer chasing a long-term opportunity in one of Newcastle's most family-friendly suburbs, this is the kind of address that rewards vision.

 Square block with approx. dimensions of frontage: 20.32m X depth: 20.12m

 4.8m x 8.6m freestanding garage plus 13.1m x 2.4m shed

 Parquetry flooring, ornate ceilings, picture rails add character

 Multiple split system air-conditioners

 New Lambton Public – 750m, St Therese's Primary – 1km, Lambton High – 2km

 Westfield Kotara for shopping, dining and Event Cinema – 1.9km

 Adamstown Station – 1.4km, John Hunter Hospital – 3km

 Bar Beach – 6.3km, Newcastle CBD – 6.8km

 Currently leased at $650 per week

Outgoings:

Water Rates: $948.15 approx. per annum

Expected Rental Income: $650 - $680 Per Week.

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 Chasse Ede, Presence Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Secure Parking
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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