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Unit 1,
111 HOBART ROAD New Lambton NSW 2305

This property is Off Market

All about New Lambton Homes for sale in New Lambton

Last sold 9/30/2024 for $805,000. The Average property price in this area is $1,123,681, this is based on recent transactions.
Internet speed Download 100 Mbps / Upload 40 Mbps
Distance to the coast 5.20 km
Potential bushfire risk 0 / 10
Report as to subsidence
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

Ray White UNIT 15, 17 AVONDALE RD, 550000 2 Beds - 1 Baths - 1 Parking Within 0.3 km Belle Property UNIT 2, 65 HOBART RD, $1,450,000 4 Beds - 3 Baths - 2 Parking Within 0.5 km Harcourts 6 BAKER ST, $870,000 - $950,000 3 Beds - 2 Baths - 1 Parking Within 0.7 km Harcourts UNIT 19, 303 TURTON RD, AUCTION $950,000 3 Beds - 1 Baths - 1 Parking Within 1.0 km Elders 203 ST JAMES RD, $1,850,000 5 Beds - 2 Baths - 3 Parking Within 1.1 km

Recently Sold Properties in this Area

10/16/2024 7 ASTBURY ST $575,000
10/14/2024 21 LILLE ST $1,255,000
10/11/2024 9 PENMAN ST $865,000
10/9/2024 24 EVESCOURT RD $732,000
9/30/2024 68 FLORIDA AVE $100

About Lambton - New Lambton

With an average age of 42, households expect an average monthly mortgage payment of $1,733 or a weekly rent payment of $305. The average family earns a weekly income of $1,765 with a typical household size of 2 and a 96.72% employment rate.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine New Lambton due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in New Lambton provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in New Lambton necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Public Transport

Waratah

Kotara

Warabrook

Civic

Honeysuckle train

Newcastle Interchange train

Cardiff

Adamstown

Broadmeadow train

Hamilton

General Points of Interest

Junction Fair sport

Genesis Fitness sport

Tuff'n Up Boxing Gym

Visitor Centre

Emu Exhibit swimming

Shallow Pool sport

Newcastle District Tennis Club shopping

Charlestown Square sport

Newcastle International Paceway swimming

Coghlan's Swim Centre

Population

(Country of Birth not stated 4%)

Are people healthy?

There are a recorded 2156 asthma sufferers and 771 people living with diabetes. In addition, 1044 people have a heart/vascular condition and 1823 people live with three or more chronic diseases.

A good place to invest in property?

Lambton - New Lambton a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

New South Wales State average 59 / 100

Income

42 / 100

31 / 100

Industry

27 / 100

22 / 100

Population

28 / 100

19 / 100

House Prices

59 / 100

60 / 100

Jobs

39 / 100

29 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

New Lambton PS Lambton HS
St Therese's Primary School
New Lambton, NSW, 2305 Independent K-6

Property Story

Unit 1, 111 Hobart Road, New Lambton, Nsw, 2305 is a residential property . The estimated distance to the sea is 5.2km and at least 1.05KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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134 Acme Avenue Street, Town, State

Description - Details the application. Type and other information pertaining to the development application and more...

Authority Reference: UX0909823-GOV Website

The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.

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