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NSW › Waratah › Lambton Rd

45 Lambton Rd, Waratah NSW 2298

House

$850,000

Last sold

7 Nov 2024

3

Bedrooms

1

Bathrooms

1

Car spaces

409 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 $850,000 (7 Nov 2024).(Recorded sale)
  • FactLand 409 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Waratah (last 5 years) with land size: median $1,944/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

$850,000

7 Nov 2024 · derived via latest_sale

Local land rate: recorded House sales in Waratah (last 5 years) with land size have a median of $1,944/m² of land (n=105). Districts calculation from recorded sales — not a valuation.

Waratah at a glance

4,957

People

$1,040,000

Median sale

$516/wk

Median rent

2.58%

Suburb gross yield

Median sale from 37 recorded sales (last 12 months) — a Districts calculation.

See the full Waratah report →

Vs Waratah

-18.3%

Median sale

Suburb $1,040,000

+0.58 pp

Gross yield

Suburb 2.58%

Suburb median $1,040,000 from 37 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$850,0007 Nov 2024
  2. Listedprice unknowncompleted28 Oct 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 $516/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

Waratah in one glance

Waratah at a glance

4,957

People

$1,040,000

Median sale

$516/wk

Median rent

2.58%

Suburb gross yield

Median sale from 37 recorded sales (last 12 months) — a Districts calculation.

See the full Waratah report →

Keep researching

  • Why Waratah? Read the area thesis →
  • What else is on the market in Waratah →
  • Other records on Lambton Rd →

Listing material

Listed by Harcourts Newcastle

Spacious family home with period charm, modern updates and further scope

Presenting for the first time in nearly thirty years, this generously sized three-bedroom home is perfectly positioned on the tree-lined quiet pocket of the street surrounded by other well-kept family residences. This incredibly located home is within easy walking distance to a portfolio of schools, Waratah Village and even the popular Georgetown precinct.

In more recent years the home has received a second level addition with a floating staircase and the inclusion of a private third bedroom and second living room with new carpets and split system air-conditioning. On the ground level you'll find period features, an updated bathroom, two generous bedrooms, plus two bonus sunrooms. A spacious functional kitchen sits just off from the open plan dining and main living area. The home is move-in ready or provides further opportunity to add your own personal touches and enhancements. Outside at the back of the home you'll find a comfortable covered patio space and at the front a period facade with grassy lawn and a long driveway greets you, before providing carport and lock-up parking.

The location of this property and the scale of the home with the bonus rooms and multiple living areas delivers immense potential for one lucky family. It would suit working professionals looking for a convenient and easy commute to Newcastle CBD, the John Hunter or Calvary Mater Hospital and Newcastle University. Plus, there is a quality selection of schools all within walking distance.

Read the full description

- Two storey extra-large three-bedroom home with two bonus sunrooms

- Perfectly positioned on the tree-lined quiet pocket of the street surrounded by other well-kept family residences

- Two split system air-conditioning units and wooden floors in sections of the home

- Three well-sized bedrooms and two extra sunrooms

- Multiple living zones, one on the second level and one on ground

- Period features downstairs and a character facade

- Fairly level block with covered patios area, long driveway, carport and lock-up garage

- Conveniently located just minutes from Inner City Bypass, John Hunter Hospital, Calvary Mater Hospital, Newcastle Uni, Newcastle CBD and world class beaches

- Waratah Public School 310m, Callaghan College – 1300m, St Philip's - 400m

* This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.

Listing description written by Sam Tsiaousis, Harcourts Newcastle — 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.