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Back 49 Fifth St
Off Market

49 Fifth St

North Lambton NSW 2299

2
1
1
502 m²
House

Overview

The Price Is Right

Phone enquiry code for this property: 4360 North Lambton offers local residents a great little shopping strip and a magnificent park only 9 kilometers from Newcastle CBD and some of the greatest beaches on the coast. Positioned approximately half way between the Newcastle University campus and the John Hunter Hospital of which incidentally is the main teaching hospital for the university this property offers the owner occupier or investor great opportunities for both value, growth and development. The property itself currently offers a two bedroom with sun-room dwelling that requires some TLC that recently was returning $300PW. Off street parking is available and accessible from Wall Lane at the rear of the property, the block itself is dead flat and 502 square meters. Other internal attributes include a separate WC, fully appointed bathroom that includes separate shower/bath and vanity, high ceilings and large king size bedrooms with ceiling fans. The kitchen is positioned at the rear of the property as in the rear veranda and laundry. Recent developments suggest that the land could further be improved with the addition of a 2 bedroom studio at the rear and 3 bedroom dwelling replacing the current structure, (see attached survey in photos.) Such a redevelopment of the site would provide for immediate growth and add value to the existing site. Zoning under Newcastle City Council is R2 Medium Density, refer to contract, (available on request) or council guidelines for further information. Sold with vacant possession, 49 Fifth Street is right and ready for the savvy buyer today! Phone enquiry code for this property: 4360

Features

2 bedrooms
1 bathroom
1 carspace
502 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in North Lambton over the last 12 months, the estimated median property value of 49 Fifth St is $868k.

Median value
$868k
Estimated value range
$810k - $1.05m
Median days on market
24
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in North 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 49 Fifth St

2022
Rented
Undisclosed
Leased on 27 Feb 2022 by Day by Day Property Solutions
2020
Rented
Undisclosed
Leased on 15 Jan 2020 by Day by Day Property Solutions
2020
Rented
Undisclosed
Leased on 15 Jan 2020 by Day by Day Property Solutions

Happy sellers in North Lambton

96%
96% of sellers in North Lambton reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 15 reviews in North Lambton over the last 12 months.

Local market activity for 2 bedroom houses in North Lambton

In the last 12 months, 6 two-bedroom houses similar to 49 Fifth St, have been sold.

This represents a 34% increase in two-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in North Lambton

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Scott Richardson

Scott Richardson is a recommended agent for North Lambton.  They have 3 local sales and collected 4 local reviews across the last 12 months.

  •   5   (191 reviews)
  •  4 Reviews in North Lambton
  •  3 Sales in North Lambton
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Donna Spillane

Sellers who recommend Donna Spillane have praised them for being clear communication, local expert, supportive, friendly, honest, reliable and responsive

  •   4.9   (460 reviews)
  •  3 Reviews in North Lambton
  •  7 Sales in North Lambton
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Luke Wilson

Luke Wilson is a recommended agent for North Lambton.  They have 2 local sales and collected 3 local reviews across the last 12 months.

  •   5   (142 reviews)
  •  3 Reviews in North Lambton
  •  2 Sales in North Lambton
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Natalie Baker

Natalie Baker is a recommended agent for North Lambton.  They have 3 local sales and collected 2 local reviews across the last 12 months.

  •   5   (8 reviews)
  •  2 Reviews in North Lambton
  •  3 Sales in North Lambton
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