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11 Lester Parade, North Lambton$1m
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Soldhouse

11 Lester Parade

North Lambton, NSW 2299, Australia
$1m
6 bed 2 bath 1 car658 m²

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About this property

Spacious, versatile and superbly located, this solid six bedroom brick and tile home offers an exceptional opportunity for investors or families alike. Tucked away in a quiet street, the property is positioned 400m from the University, less than 1.4km from the shopping centre and essential services, and just 8.5km from Newcastle CBD. Designed with practicality in mind, the home features a centrally positioned modern kitchen, ideal for shared living or busy family life. The combined living and dining area is enhanced by reverse cycle air conditioning providing year round comfort. Accommodation includes six generous bedrooms and two well-appointed bathrooms, offering flexibility for large families or shared living arrangements. Currently leased by room returning a total of $1260 per week, the property presents immediate income potential while also offering the option to easily convert back into a spacious family residence. Set on a level 658m² block the home also includes a single lock-up garage and ample outdoor space. A smart investment with strong returns or a future family haven in a highly convenient location. This is an opportunity not to be missed. For further details or to arrange an inspection on this property full of potential contact Allen Reece on 0409 814 400 or email sales@reecerealty.com.au.

Property Details

Property Type
house
Listing Type
Sold
Bedrooms
6
Bathrooms
2
Parking
1
Land Area
658 m²
Listed
1 month ago

Repayment calculator

$4,848/month
$2,424 /fortnight
Loan $800,000 at 6.10% over 30 years

Upfront costs

Deposit$200,000
Stamp duty$35,654
Conveyancing (est.)$2,000
Total upfront$237,654
Verify with NSW revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in North Lambton

This 6-bedroom house in North Lambton, NSW 2299 sits within reach of public transport, local shops local amenities. It is listed 18% above the $849,950 median of 54 comparable houseswithin 5 km.

What's nearby

  • Seventh St at George St (bus)637 m away
  • Unnamed598 m away
  • Unnamed140 m away
  • Great Lawn478 m away
  • Unnamed543 m away

North Lambton at a glance

Full suburb profile
Population
3,454
Median age
31
Household income
$1,678/wk
Median rent
$400/wk
Median mortgage
$2,000/mo

Source: ABS Census.

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Suburb market

Suburb price trend

North Lambton price trend

Median sold · House 3 bed

Compound growth +6.1% / yr over 4 yrs

$950kcurrent median

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