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44 Karoola Road, Lambton NSW 2299

Auction - Guide $2,000,000

Search Band Search Visibility Band

$2M - $2.2M Low Confidence Calculated based on limited search observations.

House 3 Beds 1 Bath 4 Cars 1100 m²

Listed: 3 days ago

Overview

This traditional Lambton residence, cherished by one family since 1959, offers a warm and character-filled living environment enhanced by high ceilings, two sunrooms, a spacious lounge area, and a large eat-in kitchen. While fully comfortable in its current state, opportunities abound to uplift the interior with fresh decor, new flooring, and modern kitchen and bathroom updates, which would add immediate value to the home.

The defining asset of this property is its expansive 1100sqm block with an impressive 20.12m frontage and rear lane access, unlocking potential for substantial expansion or redevelopment. Buyers can envision extending the existing home to accommodate a growing family with additional bedrooms and a generous outdoor entertaining deck, or potentially adding a granny flat. The block’s size also presents exciting opportunities for subdivision, constructing a secondary dwelling for extended family or resale, or even embarking on a townhouse development, subject to council approval.

Situated on one of Lambton’s most sought-after streets, the location enhances the property's appeal with idyllic village life amenities practically within reach. It is directly opposite the Lambton Pool, Lambton Park, and the bowling club, making outdoor activities and swimming readily accessible. Local cafes, shops, healthcare facilities, and pubs are a short stroll away, while reputable schools, sports fields, Wests Leagues Club, McDonald Jones Stadium, and John Hunter Hospital are conveniently close.

Well-maintained three-bedroom home featuring spacious living areas and sunrooms
Generous 1100sqm block with wide frontage and rear lane access, zoned R2
Freestanding double garage and double carport provide ample parking
Prime location directly opposite recreational amenities and near key community facilities
Potential for extension, subdivision, or redevelopment offers versatile possibilities
Suitable for families and those seeking a significant landholding in a thriving community

In summary, this property represents a rare opportunity to secure a substantial home and land package in a prime Lambton locale, blending established charm with exceptional future development potential.

Local Market Insights

In Lambton, Quiet Listings observed 14 new houses entering the market over the last 30 days, up from 6 during the previous 30-day period, with an average advertised asking price of $1,087,143. The property type mix of listed properties is predominantly Houses at 70%, followed by villas (10%), and units (5%). The most active agency for houses in the Lambton area is currently Harcourts, representing 36% of new listings, followed by Ray White with 14%. 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.