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Overview
This modest two-bedroom cottage offers a rare and affordable entry point into one of Newcastle's most coveted suburbs, New Lambton. Situated on a flat and manageable 278 square meter block, the property presents an appealing opportunity for renovation, new construction, or redevelopment subject to council approval, making it a versatile prospect for first home buyers, downsizers, or developers.
The home’s original layout features open-plan living and dining spaces complemented by a north-east orientation in the bedrooms, allowing for pleasant morning natural light. While remaining largely original, the cottage includes a separate rear shed that accommodates laundry and storage needs, contributing to functional outdoor space.
- Two bedrooms with bright aspect
- Open-plan living/dining areas
- Original kitchen and bathroom
- Detached rear shed for laundry and storage
- Two off-street parking spaces, one undercover
- Levelling land with R2 Low Density Residential zoning
Its central location places it within easy reach of New Lambton's amenities including Wests, New Lambton Village shops, parks, pools and local leisure facilities, all accessible via flat walks. This convenience underscores the property's lifestyle appeal, allowing residents to enjoy a car-optional life while being part of an evolving precinct with increased townhouse and terrace developments in the vicinity.
With utility costs noted at reasonable annual rates, the property represents a sound foothold for those seeking to invest in the suburb’s future growth potential, either through enhancing the existing structure or redevelopment. Overall, this listing will attract those who value location and land flexibility, providing a platform for personalized improvement or development ambitions.
Local Market Insights
In New Lambton, Quiet Listings observed 4 new houses entering the market over the last 30 days, down from 6 during the previous 30-day period, with an average advertised asking price of $1,317,500. All new listings observed during this period were Houses. The most active agency for houses in the New Lambton area is currently Harcourts, representing 50% of new listings, followed by Walkom Real Estate with 25%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| Contact Agent | |
| Sat 3rd Oct, 02:00 PM | Auction | |
| Sat 5th Sep, 02:00 PM | Auction | |
| Auction |
Location
Market Insights for New Lambton NSW 2305
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