EDITION 13

Newcastle Living

Local Insights:
New Lambton & Surrounds

Popular because they are geographically central to most of inner-city Newcastle, with their leafy streets and close proximity to Blackbutt Reserve, these suburbs offer some tranquillity amongst the hustle and bustle of everyday life.

Local Insights Edition 13: New Lambton & Surrounds

Blackbutt Nature Reserve, New Lambton

Families are also attracted to the choice of schools in the area, and the fact that they’re also within close distance to John Hunter Hospital and Newcastle Private Hospital. The centre of New Lambton is a vibrant hub, home to popular neighbourhood cafes and shops, and a burgeoning nightlife.

This area is seeing a generational change with younger buyers looking to establish themselves, and original owners looking at downsizing options. Many of the homes in the area are older, which has brought an influx of buyers looking for opportunities to renovate and improve, with the view of staying on for years to come.

The apartment and townhouse market is also popular for long term residents who want to remain in the area and downsize.

With a huge variance from entry level price to the highest valued homes in the area, it’s not uncommon to see properties in the millions with many in the medical profession finding the proximity to John Hunter and speciality services a major reason for calling it home

LOCAL GEM

Alfie’s Italian
52 Regent Street, New Lambton

Traditional Italian eats and great wine in the heart of New Lambton. A great date-night destination, or the perfect spot for big groups with plenty of share plate options to mix and match.

HIGHLIGHTS

Blackbutt Nature Reserve | Ritchley Reserve | Lambton Park | Newcastle Private Hospital | John Hunter Hospital | Wests New Lambton | Lambton Pool | Newcastle Toy Library | New Lambton Library | Regent Street Shopping Precinct | 10-15min drive to Newcastle Beaches

HOUSES

Median House Price
New Lambton

$1,222,500

Best Return on Investment
Rankin Park = 4.13%
Elermore Vale = 3.81%
Lambton = 3.41%

UNITS

Median Unit Price
New Lambton Heights

$1,080,000

Best Return on Investment
Rankin Park = 5.72%
Elermore Vale = 5.25%
Lambton = 3.84%

Shaun Elms

Shaun Elms
Licensed Real Estate Agent and Auctioneer
Phone 0425 285 979

Teresa Heighington

Teresa Heighington
Licensed Real Estate Agent and Auctioneer
Phone 0438 637 513