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 › Merivale St
3
Bedrooms
1
Bathrooms
3
Car spaces
557 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
No recorded sale price for this property yet.
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=142). 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.
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 First National Real Estate Newcastle CitySome homes are so deeply cherished that they rarely, if ever, come onto the market, like this classic three-bedroom gem that's been in the same family since it was built 57 years ago. Lovingly maintained and updated over the years, it now features a sparkling pool, a solar system, and solar hot water, all ready for a new family to move in and enjoy. Why has this home been so tightly held? Perhaps it's the peaceful cul-de-sac, where neighbours feel like friends, and the kids play street games together. Or maybe it's the due north-facing aspect, filling the lounge with soft, natural light and offering charming views up to North Lambton dog park from the sun-kissed front verandah. And for those who like to tinker, the oversized garage and workshop under the home, along with a secure carport for extra parking, are real highlights.
Set in a peaceful spot that's close to everything-entertainment, parks, cafes, boutique shopping, and even the local corner pubs-you're just minutes from the university and key roads. Plus, Newcastle's vibrant CBD and stunning beaches are only a 15-minute drive or a short hop on public transport.
- Single level home elevated above its garage and workshop, plus secure carport
- 556.4sqm block, north facing in peaceful cul-de-sac with park views
- 4.2kW solar electricity system and solar hot water, alarmed security system
- Open plan lounge and dining with A/C, timber floors and French doors to front verandah
- Kitchen with electric cooktop, wall oven and updated dishwasher
- Three bedrooms all with ceiling fans, main with built-in robe
- Bathroom with bath, shower and separate w/c in laundry
- Covered paved entertaining area with pull down blinds, saltwater pool, established gardens
- In catchment zone for Lambton Public School and prized Lambton High
- University – 3.2km, John Hunter Hospital – 3.4km, M1 & Hunter Expressway – 11km
- Council rates are approximately $3600 per year
- Water rates are approximately $986 per year
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by Roger Ingham, First National Real Estate Newcastle City — reproduced as published, not verified by Districts.