Back 5 Chinchen St
Off Market

5 Chinchen St

North Lambton NSW 2299

3
1
324 m²
House
Lisa MacklinLisa Macklin, last sold this property on 05 May 2019 after -131 days on market.

Overview

Affordable Renovation or Rebuild Opportunity

With its ultra-convenient address and elevated position, this original home is full of endless possibilities. Perfect as either a full renovation project with all areas ripe for a revamp, or a terrific knock-down and rebuild option to create your own family sanctuary. It presents an outstanding opportunity to capitalise in an increasingly popular location of unmatched convenience a short walk to Lambton village, cafes and quality schools, with Newcastle's CBD and pristine beaches an easy 10-minute drive away. * Original weatherboard and iron home on 324sqm parcel * Positioned to capture far-reaching views of surrounding districts * Practical layout need of some modern and creative inspiration * A great rebuild option in a neighbourly street * Major shopping/entertainment precincts and the JHH nearby Council Rates $1,268 PA approx Water Rates $777 + Usage PA approx Rental Potential: TBA

Features

3 bedrooms
1 bathroom
324 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in North Lambton over the last 12 months, the estimated median property value of 5 Chinchen St is $1m.

Median value
$1m
Estimated value range
$718k - $1.86m
Median days on market
24
Estimated value trend
18%
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 5 Chinchen St

2022
Rented
Undisclosed
Leased on 30 Jun 2022 by Reece Realty Newcastle
2019
Sold
Undisclosed
05 May 2019 by Lisa Macklin, of Dalton Partners The Junction

Happy sellers in North Lambton

95%
95% 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 19 reviews in North Lambton over the last 12 months.

Local market activity for 3 bedroom houses in North Lambton

In the last 12 months, 31 three-bedroom houses similar to 5 Chinchen St, have been sold.

This represents a 7% increase in three-bedroom houses sales when compared to the previous 12 months.

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