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5/441 Newcastle Road, Lambton$480,000
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For Saleapartment

5/441 Newcastle Road

Lambton, NSW 2299, Australia
$460,000 – $500,000
1 bed 1 bath 1 car60 m²

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About this property

Step inside this beautifully presented, low maintenance one-bedroom apartment, perfectly positioned in the heart of Lambton. Whether you're a savvy investor or a first home buyer looking to enter the market this property offers an outstanding opportunity in a highly convenient location. Enjoy the ease of living just minutes from Lambton Pool, Lambton Park, and the Mater Hospital, with everything you need right at your fingertips. Inside, the apartment features a modernised kitchen complete with a dishwasher and induction cooktop, along with an updated bathroom meaning theres nothing left to do but move in or continue leasing with confidence. The generously sized bedroom includes a built-in mirrored wardrobe, ceiling fan, and large double windows that invite in an abundance of natural morning light. Positioned facing Young Road, the apartment enjoys a pleasant outlook and added privacy. Located in one of Newcastles most central suburbs youre just a 15 minute drive to the CBD and some of the regions best beaches. The John Hunter Hospital is approximately 8 minutes away, while the Mater Hospital is only 4 minutes away. Take advantage of the lifestyle on offer with Lambton Park just a short 5 minute stroll away, featuring a playground, tennis courts, bowling club, and the ever-popular Lambton Pool perfect for summer days. Additional features include a single car space with access off Young Road, plus a shared laundry with room for your own washing machine and dryer. Currently tenanted on a fixed lease until 29/03/2027, returning $480 per week, this is a ready-made investment with immediate income. Key Features: Spacious one-bedroom with built-in mirrored wardrobe and ceiling fan Updated kitchen with dishwasher and induction cooktop Modernised ensuite bathroom Single carport with access via Young Road Shared laundry facilities Strong rental return of $480 per week (leased until March 2027) Ideal for investors or first home buyers Outgoing expenses. Strata rates approx $776 Per Quarter. Water rates approx $274 Per Quarter. Council Rates approx $415 Per Quarter. Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Land Area
60 m²
Listed
2 months ago

Repayment calculator

$2,327/month
$1,164 /fortnight
Loan $384,000 at 6.10% over 30 years

Upfront costs

Deposit$96,000
Stamp duty$13,712
Conveyancing (est.)$2,000
Total upfront$111,712
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 Lambton

This 1-bedroom apartment in Lambton, NSW 2299 sits within reach of public transport, local shops and nearby schools. It is listed 56% below the $1.10m median of 60 comparable apartmentswithin 5 km.

Schools near Lambton

  • Lambton Public Schoolprimary · K-6 · CoEd
  • Lambton High Schoolsecondary · 7-12 · CoEd

What's nearby

  • Newcastle Rd after Lloyd Rd (bus)109 m away
  • Lambton Grocer547 m away
  • Hillview Playground455 m away
  • Lambton Park499 m away
  • Morpeth Road Reserve526 m away

Lambton at a glance

Full suburb profile
Population
5,214
Median age
40
Household income
$1,628/wk
Median rent
$380/wk
Median mortgage
$2,058/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Lambton price trend

Median sold · House 3 bed

Compound growth +6.5% / yr over 4 yrs

$1.14mcurrent median

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Price history

Price history

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1 price change recorded for this property

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