New Lambton Heights at a glance
2,449
People
$1,290,000
Median sale
$857/wk
Median rent
3.45%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
NSW › New Lambton Heights › Ridgeway Rd
$1,175,000
Last sold
5 Aug 2023
5
Bedrooms
2
Bathrooms
2
Car spaces
695 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
$1,175,000
5 Aug 2023 · derived via latest_sale
Local land rate: recorded House sales in New Lambton Heights (last 5 years) with land size have a median of $1,678/m² of land (n=94). Districts calculation from recorded sales — not a valuation.
New Lambton Heights at a glance
2,449
People
$1,290,000
Median sale
$857/wk
Median rent
3.45%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Vs New Lambton Heights
-8.9%
Median sale
Suburb $1,290,000
+0.34 pp
Gross yield
Suburb 3.45%
Suburb median $1,290,000 from 29 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 $857/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
New Lambton Heights at a glance
2,449
People
$1,290,000
Median sale
$857/wk
Median rent
3.45%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Crawford Real Estate New LambtonAre you wanting to renovate? Knock down & rebuild? Are you wanting an instant dual income?
This weatherboard property with freshly painted interiors is something special and provides the rare opportunity in such a prized neighborhood to use your imagination and make it your own!
Surrounded by beautiful New Lambton Heights greenery, enjoy spectacular views over the treetops of Blackbutt to the ocean. Marvel at the serene setting of this large leafy block (approx. 695sqm) frequented by native birds and wildlife.
The property has been rented out as 2 flats with separately metered electricity. Live in one while renting out the other or rent out both for an immediate dual income.
Downstairs: Discover the feeling of space with a large entrance, high ceilings and beautiful timber floorboards throughout. Two north facing bedrooms at the front of the property welcome the sun to warm you up on those chilly days. The potential 3rd bedroom at the rear overlooks the enormous backyard and has views over the Blackbutt tree line. This room could also be used as a dining room, study or children's play area – the opportunities are endless!
A retro fit out in the kitchen includes an electric upright oven and plenty of cupboard space. Completing the downstairs portion of this property is a laundry and modern renovated bathroom with separate W/C.
Upstairs: You will find the second flat is all about that phenomenal view to the ocean and across Blackbutt. It offers 2 good sized bedrooms, both with brand new carpet. The open plan lounge and kitchen area has new flooring throughout and access to the balcony to admire the view with your coffee in the morning sun. A full bathroom and laundry complete this lovely section of the home.
Located in prime position to the John Hunter Hospital, with easy access to major arterial roads and public transport.
Zoned for Wallsend South Primary School and the much sought after Lambton High School.
Local to New Lambton Village shops only 1.3km away and a mere 8 km from the beach, you will want for nothing more!
- Combined Rent Potential; vicinity of $850 per week
- Council Rates - Approx. $775.00 per quarter
- Water Rates - Approx. $828.00 per annum
Phone Phillip Swan on 0478 845 591 to arrange an inspection.
Disclaimer: We have obtained all information provided from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations & satisfy themselves of all aspects of such information including & without limitation, any income, rentals, dimensions, areas, zoning, inclusions & exclusions.
Listing description written by Phillip Swan, Crawford Real Estate New Lambton — reproduced as published, not verified by Districts.