Back 12 Burke Street
Off Market

12 Burke Street

New Lambton NSW 2305

5
2
2
569 m²
House
Last sold for $1,283,000
Darren PennDarren Penn, last sold this property on 15 August 2025 after 32 days on market.

Overview

Two homes on one title in popular location

Positioned in a highly convenient location within walking distance to schools and public transport, this unique offering features two separate dwellings on one title, making it a standout opportunity for investors, multi-generational families, or those seeking dual income potential. Front Dwelling: A charming two-bedroom weatherboard cottage showcasing high ceilings, timber floors, and generously sized bedrooms. Two small living spaces with air-conditioning and gas outlet. Good size internal laundry and bathroom with combined bath and shower. A compact kitchen, plus a private courtyard-perfect for updating while retaining its character. Rear Dwelling: A well-proportioned three-bedroom hardiplank home featuring a spacious living area, functional kitchen, large bathroom with laundry, and a generous, low maintenance backyard. Also includes a freestanding colorbond garage and private outdoor space. Key Features: • Substantial block size approx. 569sqm • Zoned R2 Low Density Residential • Two separately metered dwellings (electricity & water) • Both homes are in solid condition with scope for cosmetic upgrades • Strong potential rental returns • Potential to subdivide into two strata lots (STLCA) • Pest & Building Reports available Estimated Rental Returns | Pre-Renovation: • Front dwelling $500 - $530 pw • Rear dwelling $550 - $580 pw Estimated Rental Returns | Post-Renovation: • Front dwelling $650 - $680 pw • Rear dwelling $750 - $800 pw This is an outstanding opportunity to secure a high-performing asset with long-term growth and income prospects. To be sold via Public Auction on Saturday 16th August at 12pm On-Site. Contact us today to register your interest or arrange a private inspection. Watch out for scheduled open times!

Features

5 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
569 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in New Lambton over the last 12 months, the estimated median property value of 12 Burke Street is $1.84m.

Median value
$1.84m
Estimated value range
$995k - $2.9m
Median days on market
32
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in New Lambton. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 12 Burke Street

2025
Sold
$1,283,000
15 Aug 2025 by Darren Penn, of Ray White Newcastle Lake Macquarie
2023
Sold
$1,150,000
Private Sale/Treaty on 20 Jan 2023 by Todd Mason, of Stone Real Estate Lake Macquarie

Happy sellers in New Lambton

92%
92% of sellers in New Lambton reported that their sale price either exceeded or met their price expectations.

New Lambton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 55 reviews in New Lambton over the last 12 months.

Local market activity for 5 bedroom houses in New Lambton

In the last 12 months, 10 five-bedroom houses similar to 12 Burke Street, have been sold.

This represents a 29% increase in five-bedroom houses sales when compared to the previous 12 months.

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